2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Philippines-Norfolk Island Trade: In 2023, Philippines exported $574k to Norfolk Island. The main products that Philippines exported to Norfolk Island were Non-Knit Women's Suits ($493k) and Office Machine Parts ($80.7k). Over the past 5 years the exports of Philippines to Norfolk Island have decreased at an annualized rate of 27.8%, from $2.92M in 2018 to $574k in 2023.

In 2023, Philippines did not export any services to Norfolk Island.

Norfolk Island-Philippines Trade: In 2023, Norfolk Island exported $145k to Philippines. The main products that Norfolk Island exported to Philippines were Disc Chemicals for Electronics ($145k). Over the past 5 years the exports of Norfolk Island to Philippines have increased at an annualized rate of 25.7%,  from $46.4k in 2018 to $145k in 2023.

In 2023, Norfolk Island did not export any services to Philippines.

Comparison In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64),  and 42 in total exports ($101B). That same year, Norfolk Island ranked 223 in total exports ($2.11M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $574k to Norfolk Island. The main products exported from Philippines to Norfolk Island were Non-Knit Women's Suits ($493k) and Office Machine Parts ($80.7k). During the last 5 years the exports of Philippines to Norfolk Island have decreased at an annualized rate of 27.8%, from $2.92M in 2018 to $574k in 2023.

In 2018, Norfolk Island exported $145k to Philippines. The main products exported from Norfolk Island to Philippines were Disc Chemicals for Electronics ($145k). During the last 5 years the exports of Norfolk Island to Philippines have increased at an annualized rate of 25.7%, from $46.4k in 2023 to $145k in 2018.

Exports from Philippines (Flag) to Norfolk Island (Flag) (2023)

Exports from Norfolk Island (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Norfolk Island
Top Destination
United States$655k

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

In 2023, countries that imported more from Philippines than Norfolk Island included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, no countries were registered that imported more from Norfolk Island than from Philippines.

Difference in imports from Norfolk Island (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - Norfolk Island

Flow
Scale

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

During 2023, Philippines had a large net trade with Norfolk Island in the exports of Textiles ($493k) and Machines ($80.7k).

During 2018, Norfolk Island had a large net trade with Philippines in the exports of Chemical Products ($145k).

Economic Complexity

Competitive Landscape

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

Product Space of Philippines (Flag) and Norfolk Island (Flag) (2023)

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