2023
Flag
 GDP
$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC
$68,454CURRENT US$
Rnk 14 / 196
2013-2023
Flag
GDP PC GROWTH
11.5%CURRENT US$
Rnk 129 / 195

About

Norfolk Island-Denmark Trade: In 2022, Norfolk Island exported $47 to Denmark. The main products that Norfolk Island exported to Denmark were N/A. Over the past 15 years the exports of Norfolk Island to Denmark have decreased at an annualized rate of 26.4%, from $4.69k in 2007 to $47 in 2022.

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

Denmark-Norfolk Island Trade: In 2022, Denmark exported $63.6k to Norfolk Island. The main products that Denmark exported to Norfolk Island were N/A. Over the past 15 years the exports of Denmark to Norfolk Island have decreased at an annualized rate of 41.7%,  from $948k in 2007 to $63.6k in 2022.

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

Comparison In 2023,  Norfolk Island ranked 223 in total exports ($2.11M), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norfolk Island exported $47 to Denmark. There were not main exports from Norfolk Island to Denmark in 2022. During the last 15 years the exports of Norfolk Island to Denmark have decreased at an annualized rate of 26.4%, from $4.69k in 2007 to $47 in 2022.

In 2008, Denmark exported $63.6k to Norfolk Island. There were not main exports from Denmark to Norfolk Island in 2008. During the last 5 years the exports of Denmark to Norfolk Island have decreased at an annualized rate of 41.7%, from $948k in 2013 to $63.6k in 2008.

Exports from Norfolk Island (Flag) to Denmark (Flag) (2022)

Exports from Denmark (Flag) to Norfolk Island (Flag) (2022)

Latest Data

Trade between Norfolk Island (Flag) and Denmark (Flag)

Denmark Exports

Market Competitiveness

Color
Norfolk Island
Top Destination
N/AN/A
Denmark
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Denmark (Flag) and Norfolk Island (Flag) (2023)

Comparative Advantage Norfolk Island - Denmark

Flow
Scale

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

During 2022, Norfolk Island had a large net trade with Denmark in the exports of .

During 2008, Denmark had a large net trade with Norfolk Island in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Norfolk Island (Flag) and Denmark (Flag) (2022)

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