Norfolk Island (NFK) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Norfolk Island-Australia Trade: In 2022, Norfolk Island exported $137k to Australia. The main products that Norfolk Island exported to Australia were Sowing Seeds ($100k), Rolled Tobacco ($21.1k), and Other Heating Machinery ($13.7k). Over the past 5 years the exports of Norfolk Island to Australia have increased at an annualized rate of 7.67%, from $94.7k in 2017 to $137k in 2022.

In 2022, Norfolk Island did not export any services to Australia.

Australia-Norfolk Island Trade: In 2022, Australia exported $9.68M to Norfolk Island. The main products that Australia exported to Norfolk Island were Other Edible Preparations ($507k), Hard Liquor ($457k), and Other Furniture ($446k). Over the past 5 years the exports of Australia to Norfolk Island have increased at an annualized rate of 13.4%, from $5.15M in 2017 to $9.68M in 2022.

In 2022, Australia did not export any services to Norfolk Island.

Comparison In 2022, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 78 in the Economic Complexity Index (ECI -0.24), and 16 in total exports ($424B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norfolk Island exported $137k to Australia. The main products exported from Norfolk Island to Australia were Sowing Seeds ($100k), Rolled Tobacco ($21.1k), and Other Heating Machinery ($13.7k). During the last 5 years the exports of Norfolk Island to Australia have increased at an annualized rate of 7.67%, from $94.7k in 2017 to $137k in 2022.

In 2017, Australia exported $9.68M to Norfolk Island. The main products exported from Australia to Norfolk Island were Other Edible Preparations ($507k), Hard Liquor ($457k), and Other Furniture ($446k). During the last 5 years the exports of Australia to Norfolk Island have increased at an annualized rate of 13.4%, from $5.15M in 2022 to $9.68M in 2017.

Exports from Norfolk Island () to Australia () (2022)

Exports from Australia () to Norfolk Island () (2022)

Latest Data

Trade between Norfolk Island () and Australia ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norfolk Island
Top DestinationN/AN/A

Australia
Top DestinationN/AN/A

This map shows whether countries import more from Norfolk Island or Australia. Each country is colored based on the difference in imports they receive from Norfolk Island and Australia or the difference in the growth in imports.

N/A

Difference in imports from Australia () and Norfolk Island () (2022)

Comparative Advantage Norfolk Island - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Norfolk Island and Australia by product, considering products traded by both, Norfolk Island and Australia.

During 2022, Norfolk Island had a large net trade with Australia in the exports of Vegetable Products ($100k), Foodstuffs ($21.1k), and Machines ($13.7k).

During 2017, Australia had a large net trade with Norfolk Island in the exports of Machines ($2.36M), Foodstuffs ($1.98M), and Miscellaneous ($986k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Norfolk Island and Australia. This means that a dot/product with the flag of Norfolk Island indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Norfolk Island.

About

Historical Data

Bilateral Trade by Products

Exports from Norfolk Island () to Australia () (2022)

Exports from Australia () to Norfolk Island () (2022)

Latest Data

Trade between Norfolk Island () and Australia ()

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Norfolk Island () (2022)

Comparative Advantage Norfolk Island - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Norfolk Island () and Australia () (2022)

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