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2022
Flag → Flag
Exports $4.75MRnk 117 / 210
2022
Flag → Flag
Top Product $427kSawn Wood
2022
Flag → Flag
Exports $58Rnk 42 / 45
2022
Flag → Flag
Top Product $58Jewellery
2022
Flag
Economic Complexity (ECI) ECI 0.46Rnk 45 / 133
2022
Flag  
GDP$247BCURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP GROWTH40.3%CURRENT US$
Rnk 82 / 186
2022
Flag
GDP PC $48,249CURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP PC GROWTH20.7%CURRENT US$
Rnk 86 / 186

About

New Zealand-Norfolk Island Trade: In 2022, New Zealand exported $4.75M to Norfolk Island. The main products that New Zealand exported to Norfolk Island were Sawn Wood ($427k), Milk ($294k), and Tanned Equine and Bovine Hides ($292k). Over the past 5 years the exports of New Zealand to Norfolk Island have decreased at an annualized rate of 5.15%, from $6.18M in 2017 to $4.75M in 2022.

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

Norfolk Island-New Zealand Trade: In 2022, Norfolk Island exported $58 to New Zealand. The main products that Norfolk Island exported to New Zealand were Jewellery ($58). Over the past 5 years the exports of Norfolk Island to New Zealand have decreased at an annualized rate of 64.1%,  from $9.69k in 2017 to $58 in 2022.

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

Comparison In 2022,  New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46),  and 64 in total exports ($46.5B). 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
Value

In 2022, New Zealand exported $4.75M to Norfolk Island. The main products exported from New Zealand to Norfolk Island were Sawn Wood ($427k), Milk ($294k), and Tanned Equine and Bovine Hides ($292k). During the last 5 years the exports of New Zealand to Norfolk Island have decreased at an annualized rate of 5.15%, from $6.18M in 2017 to $4.75M in 2022.

In 2017, Norfolk Island exported $58 to New Zealand. The main products exported from Norfolk Island to New Zealand were Jewellery ($58). During the last 5 years the exports of Norfolk Island to New Zealand have decreased at an annualized rate of 64.1%, from $9.69k in 2022 to $58 in 2017.

Exports from New Zealand (Flag) to Norfolk Island (Flag) (2022)

Exports from Norfolk Island (Flag) to New Zealand (Flag) (2022)

Latest Data

Trade between New Zealand (Flag) and Norfolk Island (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top DestinationChina$13.1B
Norfolk Island
Top DestinationIndia$316k

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

In 2022, countries that imported more from New Zealand than Norfolk Island included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2022, countries that imported more from Norfolk Island than New Zealand included Burundi ($6.65k).

Difference in imports from Norfolk Island (Flag) and New Zealand (Flag) (2022)

Comparative Advantage New Zealand - Norfolk Island

Flow
Scale

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

During 2022, New Zealand had a large net trade with Norfolk Island in the exports of Foodstuffs ($939k), Animal Products ($603k), and Wood Products ($489k).

During 2017, Norfolk Island had a large net trade with New Zealand in the exports of Precious Metals ($58).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of New Zealand and Norfolk Island. This means that a dot/product with the flag of New Zealand 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 New Zealand.

Product Space of New Zealand (Flag) and Norfolk Island (Flag) (2022)

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