Norfolk Island (NFK) and India (IND) Trade | The Observatory of Economic Complexity

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Norfolk Island-India Trade: In 2022, Norfolk Island exported $316k to India. The main products that Norfolk Island exported to India were Stone Working Machines ($116k), Industrial Food Preperation Machinery ($83.8k), and Polyacetals ($51.6k). Over the past 5 years the exports of Norfolk Island to India have increased at an annualized rate of 10.9%, from $189k in 2017 to $316k in 2022.

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

India-Norfolk Island Trade: In 2022, India exported $16.2k to Norfolk Island. The main products that India exported to Norfolk Island were Jewellery ($16.2k). Over the past 5 years the exports of India to Norfolk Island have decreased at an annualized rate of 34.7%, from $137k in 2017 to $16.2k in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norfolk Island exported $316k to India. The main products exported from Norfolk Island to India were Stone Working Machines ($116k), Industrial Food Preperation Machinery ($83.8k), and Polyacetals ($51.6k). During the last 5 years the exports of Norfolk Island to India have increased at an annualized rate of 10.9%, from $189k in 2017 to $316k in 2022.

In 2017, India exported $16.2k to Norfolk Island. The main products exported from India to Norfolk Island were Jewellery ($16.2k). During the last 5 years the exports of India to Norfolk Island have decreased at an annualized rate of 34.7%, from $137k in 2022 to $16.2k in 2017.

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

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

Latest Data

Trade between Norfolk Island () and India ()

India Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norfolk Island
Top DestinationIndia$316k

India
Top DestinationUnited States$82.9B

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

In 2022, no countries were registered that imported more from Norfolk Island than from India.

In 2022, countries that imported more from India than Norfolk Island included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Norfolk Island - India

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norfolk Island had a large net trade with India in the exports of Machines ($200k), Plastics and Rubbers ($51.6k), and Transportation ($41.2k).

During 2017, India had a large net trade with Norfolk Island in the exports of Precious Metals ($16.2k).

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 India. This means that a dot/product with the flag of Norfolk Island indicates it has a comparative advantage over India. Similarly, a dot/product with the flag of India indicates it has a comparative advantage over Norfolk Island.

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Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Norfolk Island () and India ()

India Exports

Market Competitiveness

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

Comparative Advantage Norfolk Island - India

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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