2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195

About

Brazil-Norfolk Island Trade: In 2023, Brazil exported $295k to Norfolk Island. The main products that Brazil exported to Norfolk Island were Raw Tobacco ($134k), Wood Carpentry ($69.9k), and Unglazed Ceramics ($66.4k). Over the past 5 years the exports of Brazil to Norfolk Island have decreased at an annualized rate of 2.1%, from $328k in 2018 to $295k in 2023.

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

Norfolk Island-Brazil Trade: In 2023, Norfolk Island exported $1.84k to Brazil. The main products that Norfolk Island exported to Brazil were Office Machine Parts ($1.7k) and Iron Pipe Fittings ($144). Over the past 5 years the exports of Norfolk Island to Brazil have increased at an annualized rate of 16.8%,  from $846 in 2018 to $1.84k in 2023.

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

Comparison In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31),  and 22 in total exports ($355B). 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, Brazil exported $295k to Norfolk Island. The main products exported from Brazil to Norfolk Island were Raw Tobacco ($134k), Wood Carpentry ($69.9k), and Unglazed Ceramics ($66.4k). During the last 5 years the exports of Brazil to Norfolk Island have decreased at an annualized rate of 2.1%, from $328k in 2018 to $295k in 2023.

In 2018, Norfolk Island exported $1.84k to Brazil. The main products exported from Norfolk Island to Brazil were Office Machine Parts ($1.7k) and Iron Pipe Fittings ($144). During the last 5 years the exports of Norfolk Island to Brazil have increased at an annualized rate of 16.8%, from $846 in 2023 to $1.84k in 2018.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Norfolk Island
Top Destination
United States$655k

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

In 2023, countries that imported more from Brazil than Norfolk Island included China ($106B), United States ($37B), and Argentina ($17.2B).

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

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

Comparative Advantage Brazil - Norfolk Island

Flow
Scale

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

During 2023, Brazil had a large net trade with Norfolk Island in the exports of Foodstuffs ($134k), Wood Products ($69.9k), and Stone And Glass ($66.4k).

During 2018, Norfolk Island had a large net trade with Brazil in the exports of Machines ($1.7k) and Metals ($144).

Economic Complexity

Competitive Landscape

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

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

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