Nigeria (NGA) and Norfolk Island (NFK) Trade | The Observatory of Economic Complexity

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Nigeria-Norfolk Island Trade: In 2013, Nigeria exported $1 to Norfolk Island. The main products that Nigeria exported to Norfolk Island were N/A. Over the past 12 years the exports of Nigeria to Norfolk Island have decreased at an annualized rate of 51.8%, from $6.43k in 2001 to $1 in 2013.

In 2013, Nigeria did not export any services to Norfolk Island.

Norfolk Island-Nigeria Trade: In 2013, Norfolk Island exported $1.22k to Nigeria. The main products that Norfolk Island exported to Nigeria were N/A. Over the past 12 years the exports of Norfolk Island to Nigeria have decreased at an annualized rate of 19.8%, from $3.66k in 2001 to $1.22k in 2013.

In 2013, Norfolk Island did not export any services to Nigeria.

Comparison In 2022, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2013, Nigeria exported $1 to Norfolk Island. There were not main exports from Nigeria to Norfolk Island in 2013. During the last 12 years the exports of Nigeria to Norfolk Island have decreased at an annualized rate of 51.8%, from $6.43k in 2001 to $1 in 2013.

In 2016, Norfolk Island exported $1.22k to Nigeria. There were not main exports from Norfolk Island to Nigeria in 2016. During the last 5 years the exports of Norfolk Island to Nigeria have decreased at an annualized rate of 19.8%, from $3.66k in 2021 to $1.22k in 2016.

Exports from Nigeria () to Norfolk Island () (2021)

Exports from Norfolk Island () to Nigeria () (2021)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nigeria
Top DestinationSpain$9.41B

Norfolk Island
Top DestinationIndia$316k

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

In 2022, countries that imported more from Nigeria than Norfolk Island included Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2022, countries that imported more from Norfolk Island than Nigeria included Barbados ($95k).

Difference in imports from Norfolk Island () and Nigeria () (2022)

Comparative Advantage Nigeria - Norfolk Island

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2013, Nigeria had a large net trade with Norfolk Island in the exports of .

During 2016, Norfolk Island had a large net trade with Nigeria in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Nigeria () to Norfolk Island () (2021)

Exports from Norfolk Island () to Nigeria () (2021)

Market Competitiveness

Difference in imports from Norfolk Island () and Nigeria () (2022)

Comparative Advantage Nigeria - Norfolk Island

Economic Complexity

Competitive Landscape

Product Space of Nigeria () and Norfolk Island () (2021)

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