2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Norfolk Island-Philippines Trade: In 2023, Norfolk Island exported $145k to Philippines. The main products that Norfolk Island exported to Philippines were Disc Chemicals for Electronics ($145k). Over the past 6 years the exports of Norfolk Island to Philippines have increased at an annualized rate of 7.99%, from $91.6k in 2017 to $145k in 2023.

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

Philippines-Norfolk Island Trade: In 2023, Philippines exported $574k to Norfolk Island. The main products that Philippines exported to Norfolk Island were Non-Knit Women's Suits ($493k) and Office Machine Parts ($80.7k). Over the past 6 years the exports of Philippines to Norfolk Island have decreased at an annualized rate of 27.8%,  from $2.92M in 2017 to $574k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norfolk Island exported $145k to Philippines. The main products exported from Norfolk Island to Philippines were Disc Chemicals for Electronics ($145k). During the last 6 years the exports of Norfolk Island to Philippines have increased at an annualized rate of 7.99%, from $91.6k in 2017 to $145k in 2023.

In 2018, Philippines exported $574k to Norfolk Island. The main products exported from Philippines to Norfolk Island were Non-Knit Women's Suits ($493k) and Office Machine Parts ($80.7k). During the last 5 years the exports of Philippines to Norfolk Island have decreased at an annualized rate of 27.8%, from $2.92M in 2023 to $574k in 2018.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
Norfolk Island
Top Destination
United States$655k
Philippines
Top Destination
China$19B

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

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

In 2023, countries that imported more from Philippines than Norfolk Island included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Norfolk Island - Philippines

Flow
Scale

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

During 2023, Norfolk Island had a large net trade with Philippines in the exports of Chemical Products ($145k).

During 2018, Philippines had a large net trade with Norfolk Island in the exports of Textiles ($493k) and Machines ($80.7k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with