Norfolk Island (NFK) and Nigeria (NGA) Trade | The Observatory of Economic Complexity

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Norfolk Island-Nigeria Trade: In 2021, Norfolk Island exported $1.22k to Nigeria. The main products that Norfolk Island exported to Nigeria were N/A. Over the past 5 years the exports of Norfolk Island to Nigeria have decreased at an annualized rate of 19.8%, from $3.66k in 2016 to $1.22k in 2021.

In 2021, Norfolk Island did not export any services to Nigeria.

Nigeria-Norfolk Island In N/A, Nigeria did not export any products to Norfolk Island.

In 2021, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Norfolk Island exported $1.22k to Nigeria. There were not main exports from Norfolk Island to Nigeria in 2021. During the last 5 years the exports of Norfolk Island to Nigeria have decreased at an annualized rate of 19.8%, from $3.66k in 2016 to $1.22k in 2021.

Nigeria does not register exports to Norfolk Island.

Exports from Norfolk Island () to Nigeria () (2021)

Exports from Nigeria () to Norfolk Island () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norfolk Island
Top DestinationIndia$316k

Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Norfolk Island than Nigeria included Barbados ($95k).

In 2022, countries that imported more from Nigeria than Norfolk Island included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Norfolk Island - Nigeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Norfolk Island had a large net trade with Nigeria in the exports of .

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Norfolk Island () to Nigeria () (2021)

Exports from Nigeria () to Norfolk Island () (2021)

Market Competitiveness

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

Comparative Advantage Norfolk Island - Nigeria

Economic Complexity

Competitive Landscape

Product Space of Norfolk Island () and Nigeria () (2021)

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