2023
Flag
 GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC
$82,769CURRENT US$
Rnk 9 / 196
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 195

About

Norfolk Island-United States Trade: In 2023, Norfolk Island exported $655k to United States. The main products that Norfolk Island exported to United States were Leather Footwear ($413k), Motor vehicles; parts and accessories (8701 to 8705) ($150k), and Surveying Equipment ($60.5k). Over the past 5 years the exports of Norfolk Island to United States have decreased at an annualized rate of 2.41%, from $740k in 2018 to $655k in 2023.

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

United States-Norfolk Island Trade: In 2023, United States exported $116k to Norfolk Island. The main products that United States exported to Norfolk Island were Mixed Mineral or Chemical Fertilizers ($116k). Over the past 5 years the exports of United States to Norfolk Island have decreased at an annualized rate of 8.29%,  from $179k in 2018 to $116k in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norfolk Island exported $655k to United States. The main products exported from Norfolk Island to United States were Leather Footwear ($413k), Motor vehicles; parts and accessories (8701 to 8705) ($150k), and Surveying Equipment ($60.5k). During the last 5 years the exports of Norfolk Island to United States have decreased at an annualized rate of 2.41%, from $740k in 2018 to $655k in 2023.

In 2018, United States exported $116k to Norfolk Island. The main products exported from United States to Norfolk Island were Mixed Mineral or Chemical Fertilizers ($116k). During the last 5 years the exports of United States to Norfolk Island have decreased at an annualized rate of 8.29%, from $179k in 2023 to $116k in 2018.

Exports from Norfolk Island (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Norfolk Island (Flag) (2023)

Latest Data

Trade between Norfolk Island (Flag) and United States (Flag)

United States Exports

Market Competitiveness

Color
Norfolk Island
Top Destination
United States$655k
United States
Top Destination
Canada$269B

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

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

In 2023, countries that imported more from United States than Norfolk Island included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Norfolk Island (Flag) (2023)

Comparative Advantage Norfolk Island - United States

Flow
Scale

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

During 2023, Norfolk Island had a large net trade with United States in the exports of Footwear and Headwear ($413k), Transportation ($150k), and Instruments ($60.5k).

During 2018, United States had a large net trade with Norfolk Island in the exports of Chemical Products ($116k).

Economic Complexity

Competitive Landscape

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

Product Space of Norfolk Island (Flag) and United States (Flag) (2023)

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