2023
Flag
 GDP
$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
GDP PC
$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH
22.8%CURRENT US$
Rnk 96 / 195

About

Norfolk Island-Netherlands Trade: In 2023, Norfolk Island exported $3.4k to Netherlands. The main products that Norfolk Island exported to Netherlands were Radio Receivers ($2.3k) and Sawn Wood ($1.1k). Over the past 7 years the exports of Norfolk Island to Netherlands have decreased at an annualized rate of 25.7%, from $27.3k in 2016 to $3.4k in 2023.

In 2023, Norfolk Island did not export any services to Netherlands.

Netherlands-Norfolk Island Trade: In 2023, Netherlands exported $5.47k to Norfolk Island. The main products that Netherlands exported to Norfolk Island were Other Inorganic Acids ($5.47k). Over the past 7 years the exports of Netherlands to Norfolk Island have decreased at an annualized rate of 3.09%,  from $7.26k in 2016 to $5.47k in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norfolk Island exported $3.4k to Netherlands. The main products exported from Norfolk Island to Netherlands were Radio Receivers ($2.3k) and Sawn Wood ($1.1k). During the last 7 years the exports of Norfolk Island to Netherlands have decreased at an annualized rate of 25.7%, from $27.3k in 2016 to $3.4k in 2023.

In 2018, Netherlands exported $5.47k to Norfolk Island. The main products exported from Netherlands to Norfolk Island were Other Inorganic Acids ($5.47k). During the last 5 years the exports of Netherlands to Norfolk Island have decreased at an annualized rate of 3.09%, from $7.26k in 2023 to $5.47k in 2018.

Exports from Norfolk Island (Flag) to Netherlands (Flag) (2023)

Exports from Netherlands (Flag) to Norfolk Island (Flag) (2023)

Latest Data

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

Netherlands Exports

Market Competitiveness

Color
Norfolk Island
Top Destination
United States$655k
Netherlands
Top Destination
Germany$96.9B

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

In 2023, no countries were registered that imported more from Norfolk Island than from Netherlands.

In 2023, countries that imported more from Netherlands than Norfolk Island included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Norfolk Island - Netherlands

Flow
Scale

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

During 2023, Norfolk Island had a large net trade with Netherlands in the exports of Machines ($2.3k) and Wood Products ($1.1k).

During 2018, Netherlands had a large net trade with Norfolk Island in the exports of Chemical Products ($5.47k).

Economic Complexity

Competitive Landscape

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

Product Space of Norfolk Island (Flag) and Netherlands (Flag) (2023)

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