2023
Flag  
GDP
$17.8TCURRENT US$
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2013-2023
Flag
GDP GROWTH
85.9%CURRENT US$
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2023
Flag
GDP PC 
$12,614CURRENT US$
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2013-2023
Flag
GDP PC GROWTH
79.7%CURRENT US$
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About

China-Norfolk Island Trade: In 2023, China exported $322k to Norfolk Island. The main products that China exported to Norfolk Island were Air Pumps ($127k), Rubber Tires ($73.8k), and Other Iron Products ($52.6k). Over the past 5 years the exports of China to Norfolk Island have decreased at an annualized rate of 30.4%, from $1.97M in 2018 to $322k in 2023.

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

Norfolk Island-China Trade: In 2023, Norfolk Island exported $23 to China. The main products that Norfolk Island exported to China were Integrated Circuits ($23). Over the past 5 years the exports of Norfolk Island to China have decreased at an annualized rate of 70.6%,  from $10.4k in 2018 to $23 in 2023.

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

Comparison In 2023,  China ranked 21 in the Economic Complexity Index (ECI 1.16),  and 1 in total exports ($3.42T). 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, China exported $322k to Norfolk Island. The main products exported from China to Norfolk Island were Air Pumps ($127k), Rubber Tires ($73.8k), and Other Iron Products ($52.6k). During the last 5 years the exports of China to Norfolk Island have decreased at an annualized rate of 30.4%, from $1.97M in 2018 to $322k in 2023.

In 2018, Norfolk Island exported $23 to China. The main products exported from Norfolk Island to China were Integrated Circuits ($23). During the last 5 years the exports of Norfolk Island to China have decreased at an annualized rate of 70.6%, from $10.4k in 2023 to $23 in 2018.

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

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

Market Competitiveness

Color
China
Top Destination
United States$436B
Norfolk Island
Top Destination
United States$655k

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

In 2023, countries that imported more from China than Norfolk Island included United States ($436B), Hong Kong ($259B), and Japan ($169B).

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

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

Comparative Advantage China - Norfolk Island

Flow
Scale

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

During 2023, China had a large net trade with Norfolk Island in the exports of Machines ($145k), Plastics and Rubbers ($76.8k), and Metals ($56.8k).

During 2018, Norfolk Island had a large net trade with China in the exports of Machines ($23).

Economic Complexity

Competitive Landscape

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

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

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