2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Canada-Norfolk Island Trade: In 2021, Canada exported $15.8k to Norfolk Island. The main products that Canada exported to Norfolk Island were N/A. Over the past 5 years the exports of Canada to Norfolk Island have decreased at an annualized rate of 23.1%, from $58.7k in 2016 to $15.8k in 2021.

In 2021, Canada did not export any services to Norfolk Island.

Norfolk Island-Canada Trade: In 2021, Norfolk Island exported $36.3k to Canada. The main products that Norfolk Island exported to Canada were Cleaning Products ($34.2k), Electrical Transformers ($873), and Low-voltage Protection Equipment ($827). Over the past 5 years the exports of Norfolk Island to Canada have increased at an annualized rate of 6.33%,  from $23.6k in 2016 to $36.3k in 2021.

In 2021, Norfolk Island did not export any services to Canada.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.92),  and 9 in total exports ($587B). That same year, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Canada exported $15.8k to Norfolk Island. There were not main exports from Canada to Norfolk Island in 2021. During the last 5 years the exports of Canada to Norfolk Island have decreased at an annualized rate of 23.1%, from $58.7k in 2016 to $15.8k in 2021.

In 2017, Norfolk Island exported $36.3k to Canada. The main products exported from Norfolk Island to Canada were Cleaning Products ($34.2k), Electrical Transformers ($873), and Low-voltage Protection Equipment ($827). During the last 5 years the exports of Norfolk Island to Canada have increased at an annualized rate of 6.33%, from $23.6k in 2022 to $36.3k in 2017.

Exports from Canada (Flag) to Norfolk Island (Flag) (2022)

Exports from Norfolk Island (Flag) to Canada (Flag) (2022)

Market Competitiveness

Color
Canada
Top Destination
N/AN/A
Norfolk Island
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Norfolk Island (Flag) and Canada (Flag) (2022)

Comparative Advantage Canada - Norfolk Island

Flow
Scale

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

During 2021, Canada had a large net trade with Norfolk Island in the exports of .

During 2017, Norfolk Island had a large net trade with Canada in the exports of Chemical Products ($34.2k), Machines ($2.04k), and Miscellaneous ($73).

Economic Complexity

Competitive Landscape

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

Product Space of Canada (Flag) and Norfolk Island (Flag) (2022)

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