About

In N/A, Norfolk Island did not export any services to Venezuela.

Venezuela-Norfolk Island In false, Venezuela did not export any products to Norfolk Island.

In N/A, Venezuela 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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

Norfolk Island does not register exports to Venezuela.

Venezuela does not register exports to Norfolk Island.

Exports from Norfolk Island (Flag) to Venezuela (Flag) (2008)

Exports from Venezuela (Flag) to Norfolk Island (Flag) (2008)

Market Competitiveness

Color
Norfolk Island
Top Destination
India$316k
Venezuela
Top Destination
China$703M

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

In 2022, countries that imported more from Norfolk Island than Venezuela included Barbados ($95k), Benin ($65.6k), and Madagascar ($17.7k).

In 2022, countries that imported more from Venezuela than Norfolk Island included China ($703M), Turkey ($597M), and Spain ($518M).

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

Comparative Advantage Norfolk Island - Venezuela

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

Product Space of Norfolk Island (Flag) and Venezuela (Flag) (2008)

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