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Pricing

2022
Flag → Flag
Exports $271kRnk 3 / 45
2022
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Top Product $245kKetones and Quinones
2022
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Exports $48.7kRnk 217 / 219
2022
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Top Product $20.3kOther Measuring Instruments
2022
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Economic Complexity (ECI) ECI 1.41Rnk 10 / 124
2022
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 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
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GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Norfolk Island-United States In 2022, Norfolk Island exported $271k to United States. The main products that Norfolk Island exported to United States are Ketones and Quinones ($245k), Acrylic Polymers ($17.9k), and Liquid Pumps ($5.49k). During the last 27 years the exports of Norfolk Island to United States have decreased at an annualized rate of 18.9%, from $78.2M in 1995 to $271k in 2022.

In 2022, Norfolk Island did not export any services to United States.

United States-Norfolk Island In 2022, United States exported $48.7k to Norfolk Island. The main products that United States exported to Norfolk Island were Other Measuring Instruments ($20.3k), Integrated Circuits ($15.2k), and Semiconductor Devices ($8.34k). During the last 27 years the exports of United States to Norfolk Island have decreased at an annualized rate of 11%, from $1.12M in 1995 to $48.7k in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norfolk Island exported $271k to United States. The main products exported from Norfolk Island to United States were Ketones and Quinones ($245k), Acrylic Polymers ($17.9k), and Liquid Pumps ($5.49k). During the last 27 years the exports of Norfolk Island to United States have decreased at an annualized rate of 18.9%, from $78.2M in 1995 to $271k in 2022.

In 2022, United States exported $48.7k to Norfolk Island. The main products exported from United States to Norfolk Island were Other Measuring Instruments ($20.3k), Integrated Circuits ($15.2k), and Semiconductor Devices ($8.34k). During the last 27 years the exports of United States to Norfolk Island have decreased at an annualized rate of 11%, from $1.12M in 1995 to $48.7k in 2022.

Exports from Norfolk Island (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Norfolk Island (Flag) (2022)

Latest Data

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

United States Exports

Market Competitiveness

Color
Norfolk Island
Top DestinationIndia$316k
United States
Top DestinationCanada$308B

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 2019, no countries were registered that imported more from Norfolk Island than from United States.

In 2021, countries that imported more from United States than Norfolk Island were Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Norfolk Island (Flag) (2022)

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 2022, Norfolk Island had a large net trade with United States in the exports of Chemical Products ($245k), Plastics and Rubbers ($18.4k), and Machines ($5.49k).

During 2022, United States had a large net trade with Norfolk Island in the exports of Machines ($23.5k), Instruments ($20.3k), and Chemical Products ($4.84k).

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 Norfolk Island has comparative advantage over United States. Similarly, the more yellow a dot/product is, the more United States has comparative advantage over Norfolk Island.

Product Space of Norfolk Island (Flag) and United States (Flag) (2022)

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