2022
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GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH
56.7%CURRENT US$
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2022
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GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH
47.5%CURRENT US$
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About

United States-Norfolk Island In 2022, United States exported $48.7k to Norfolk Island. The main products that United States exported to Norfolk Island are 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.

Norfolk Island-United States In 2022, Norfolk Island exported $271k to United States. The main products that Norfolk Island exported 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, Norfolk Island did not export any services to United States.

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.41),  and 2 in total exports ($1.95T). That same year, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index.

COMPANIES In 2023, leading companies such as were at the forefront of exporting goods from Norfolk Island to the United States. Conversely, were notable for importing Norfolk Island products to the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

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.

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.

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

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

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Norfolk Island
Top Destination
India$316k

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

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

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

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

Comparative Advantage United States - Norfolk Island

Flow
Scale

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

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).

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).

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

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

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