2023
Flag
 GDP
$69.1BCURRENT US$
Rnk 85 / 195
2013-2023
Flag
GDP GROWTH
44.5%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC
$32,610CURRENT US$
Rnk 43 / 196
2013-2023
Flag
GDP PC GROWTH
40.3%CURRENT US$
Rnk 61 / 195

About

Norfolk Island-Slovenia Trade: In 2023, Norfolk Island exported $4.92k to Slovenia. The main products that Norfolk Island exported to Slovenia were Integrated Circuits ($4.64k) and Wood Crates ($272). Over the past 13 years the exports of Norfolk Island to Slovenia have increased at an annualized rate of 6.83%, from $2.08k in 2010 to $4.92k in 2023.

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

Slovenia-Norfolk Island Trade: In 2023, Slovenia exported $996 to Norfolk Island. The main products that Slovenia exported to Norfolk Island were N/A. Over the past 13 years the exports of Slovenia to Norfolk Island have decreased at an annualized rate of 34.2%,  from $12.3k in 2010 to $996 in 2023.

In 2023, Slovenia 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, Slovenia ranked 12 in the Economic Complexity Index (ECI 1.48), and 53 in total exports ($60.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norfolk Island exported $4.92k to Slovenia. The main products exported from Norfolk Island to Slovenia were Integrated Circuits ($4.64k) and Wood Crates ($272). During the last 13 years the exports of Norfolk Island to Slovenia have increased at an annualized rate of 6.83%, from $2.08k in 2010 to $4.92k in 2023.

In 2002, Slovenia exported $996 to Norfolk Island. There were not main exports from Slovenia to Norfolk Island in 2002. During the last 5 years the exports of Slovenia to Norfolk Island have decreased at an annualized rate of 34.2%, from $12.3k in 2007 to $996 in 2002.

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

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

Market Competitiveness

Color
Norfolk Island
Top Destination
United States$655k
Slovenia
Top Destination
Switzerland$13.5B

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

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

In 2023, countries that imported more from Slovenia than Norfolk Island included Switzerland ($13.5B), Germany ($7.21B), and Italy ($6.23B).

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

Comparative Advantage Norfolk Island - Slovenia

Flow
Scale

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

During 2023, Norfolk Island had a large net trade with Slovenia in the exports of Machines ($4.64k) and Wood Products ($272).

During 2002, Slovenia 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 Slovenia. This means that a dot/product with the flag of Norfolk Island indicates it has a comparative advantage over Slovenia. Similarly, a dot/product with the flag of Slovenia indicates it has a comparative advantage over Norfolk Island.

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

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