2022
Flag  
GDP
$1.4TCURRENT US$
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2012-2022
Flag
GDP GROWTH
5.49%CURRENT US$
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2022
Flag
GDP PC 
$29,350CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
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About

Spain-Norfolk Island Trade: In 2021, Spain exported $14.5k to Norfolk Island. The main products that Spain exported to Norfolk Island were N/A. Over the past 11 years the exports of Spain to Norfolk Island have increased at an annualized rate of 81.1%, from $21 in 2010 to $14.5k in 2021.

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

Norfolk Island-Spain Trade: In 2021, Norfolk Island exported $149 to Spain. The main products that Norfolk Island exported to Spain were Valves ($149). Over the past 11 years the exports of Norfolk Island to Spain have increased at an annualized rate of 54.4%,  from $17 in 2010 to $149 in 2021.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). 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, Spain exported $14.5k to Norfolk Island. There were not main exports from Spain to Norfolk Island in 2021. During the last 11 years the exports of Spain to Norfolk Island have increased at an annualized rate of 81.1%, from $21 in 2010 to $14.5k in 2021.

In 2017, Norfolk Island exported $149 to Spain. The main products exported from Norfolk Island to Spain were Valves ($149). During the last 5 years the exports of Norfolk Island to Spain have increased at an annualized rate of 54.4%, from $17 in 2022 to $149 in 2017.

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

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

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Norfolk Island
Top Destination
India$316k

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

In 2022, countries that imported more from Spain than Norfolk Island included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from Norfolk Island than from Spain.

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

Comparative Advantage Spain - Norfolk Island

Flow
Scale

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

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

During 2017, Norfolk Island had a large net trade with Spain in the exports of Machines ($149).

Economic Complexity

Competitive Landscape

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

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

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