2023
Flag  
GDP
$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH
0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC 
$55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH
-8.76%CURRENT US$
Rnk 165 / 195

About

Sweden-Norfolk Island Trade: In 2023, Sweden exported $188 to Norfolk Island. The main products that Sweden exported to Norfolk Island were Cleaning Products ($188). Over the past 16 years the exports of Sweden to Norfolk Island have decreased at an annualized rate of 16.8%, from $3.56k in 2007 to $188 in 2023.

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

Norfolk Island-Sweden In N/A, Norfolk Island did not export any products to Sweden.

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

Comparison In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53),  and 32 in total exports ($188B). 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, Sweden exported $188 to Norfolk Island. The main products exported from Sweden to Norfolk Island were Cleaning Products ($188). During the last 16 years the exports of Sweden to Norfolk Island have decreased at an annualized rate of 16.8%, from $3.56k in 2007 to $188 in 2023.

Norfolk Island does not register exports to Sweden. The main products exported from Norfolk Island to Sweden were Sawn Wood ($10.1k), Hair Products ($754), and Motor vehicles; parts and accessories (8701 to 8705) ($471).

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

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

Market Competitiveness

Color
Sweden
Top Destination
Germany$18.4B
Norfolk Island
Top Destination
United States$655k

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

In 2023, countries that imported more from Sweden than Norfolk Island included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

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

Comparative Advantage Sweden - Norfolk Island

Flow
Scale

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

During 2023, Sweden had a large net trade with Norfolk Island in the exports of Chemical Products ($188).

Economic Complexity

Competitive Landscape

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

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

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