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About

New Zealand-Norfolk Island In 2022, New Zealand exported $4.75M to Norfolk Island. The main products that New Zealand exported to Norfolk Island are Sawn Wood ($427k), Milk ($294k), and Tanned Equine and Bovine Hides ($292k). During the last 27 years the exports of New Zealand to Norfolk Island have increased at an annualized rate of 0.97%, from $3.65M in 1995 to $4.75M in 2022.

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

Norfolk Island-New Zealand In 2022, Norfolk Island exported $58 to New Zealand. The main products that Norfolk Island exported to New Zealand were Jewellery ($58). During the last 27 years the exports of Norfolk Island to New Zealand have decreased at an annualized rate of 15.2%, from $4.9k in 1995 to $58 in 2022.

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

Comparison In 2022,  New Zealand ranked 44 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 27 years the exports of New Zealand to Norfolk Island have increased at an annualized rate of 0.97%, from $3.65M in 1995 to $4.75M in 2022.

In 2022, Norfolk Island exported $58 to New Zealand. The main products exported from Norfolk Island to New Zealand were Jewellery ($58). During the last 27 years the exports of Norfolk Island to New Zealand have decreased at an annualized rate of 15.2%, from $4.9k in 1995 to $58 in 2022.

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 Destination
China$13.1B
Norfolk Island
Top Destination
India$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 2021, countries that imported more from New Zealand than Norfolk Island were China ($13.1B), Australia ($5.35B), and United States ($5.07B).

In 2021, countries that imported more from Norfolk Island than New Zealand were 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 2022, Norfolk Island had a large net trade with New Zealand in the exports of Precious Metals ($58).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more New Zealand has comparative advantage over Norfolk Island. Similarly, the more yellow a dot/product is, the more Norfolk Island has comparative advantage over New Zealand.

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

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