2022
Flag
 GDP
$906BCURRENT US$
Rnk 19 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 160 / 186
2022
Flag
GDP PC
$10,616CURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP PC GROWTH
-9.24%CURRENT US$
Rnk 162 / 186

About

Norfolk Island-Turkey Trade: In 2022, Norfolk Island exported $14.8k to Turkey. The main products that Norfolk Island exported to Turkey were Opto-Electric Instrument Parts ($14.8k), Iron Fasteners ($14), and Other Rubber Products ($6). Over the past 17 years the exports of Norfolk Island to Turkey have increased at an annualized rate of 25.3%, from $319 in 2005 to $14.8k in 2022.

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

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

In 2022, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.6), and 29 in total exports ($262B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norfolk Island exported $14.8k to Turkey. The main products exported from Norfolk Island to Turkey were Opto-Electric Instrument Parts ($14.8k), Iron Fasteners ($14), and Other Rubber Products ($6). During the last 17 years the exports of Norfolk Island to Turkey have increased at an annualized rate of 25.3%, from $319 in 2005 to $14.8k in 2022.

Turkey does not register exports to Norfolk Island.

Exports from Norfolk Island (Flag) to Turkey (Flag) (2022)

Exports from Turkey (Flag) to Norfolk Island (Flag) (2022)

Latest Data

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

Turkey Exports

Date

Market Competitiveness

Color
Norfolk Island
Top Destination
India$316k
Turkey
Top Destination
Germany$21.9B

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

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

In 2022, countries that imported more from Turkey than Norfolk Island included Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

Difference in imports from Turkey (Flag) and Norfolk Island (Flag) (2022)

Comparative Advantage Norfolk Island - Turkey

Flow
Scale

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

During 2022, Norfolk Island had a large net trade with Turkey in the exports of Instruments ($14.8k), Metals ($14), and Plastics and Rubbers ($6).

Economic Complexity

Competitive Landscape

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

Product Space of Norfolk Island (Flag) and Turkey (Flag) (2022)

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