Ghana (GHA) and Norfolk Island (NFK) Trade | The Observatory of Economic Complexity

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Ghana-Norfolk Island Trade: In 2014, Ghana exported $45.5k to Norfolk Island. The main products that Ghana exported to Norfolk Island were N/A. Over the past 14 years the exports of Ghana to Norfolk Island have increased at an annualized rate of 13.6%, from $7.64k in 2000 to $45.5k in 2014.

In 2014, Ghana did not export any services to Norfolk Island.

Norfolk Island-Ghana Trade: In 2014, Norfolk Island exported $21k to Ghana. The main products that Norfolk Island exported to Ghana were N/A. Over the past 14 years the exports of Norfolk Island to Ghana have increased at an annualized rate of 0.97%, from $20k in 2000 to $21k in 2014.

In 2014, Norfolk Island did not export any services to Ghana.

Comparison In 2022, Ghana ranked 122 in the Economic Complexity Index (ECI -1.32), and 79 in total exports ($20B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2014, Ghana exported $45.5k to Norfolk Island. There were not main exports from Ghana to Norfolk Island in 2014. During the last 14 years the exports of Ghana to Norfolk Island have increased at an annualized rate of 13.6%, from $7.64k in 2000 to $45.5k in 2014.

In 2014, Norfolk Island exported $21k to Ghana. There were not main exports from Norfolk Island to Ghana in 2014. During the last 5 years the exports of Norfolk Island to Ghana have increased at an annualized rate of 0.97%, from $20k in 2019 to $21k in 2014.

Exports from Ghana () to Norfolk Island () (2019)

Exports from Norfolk Island () to Ghana () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ghana
Top DestinationUnited Arab Emirates$4.72B

Norfolk Island
Top DestinationIndia$316k

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

In 2022, countries that imported more from Ghana than Norfolk Island included United Arab Emirates ($4.72B), Switzerland ($3.37B), and United States ($2.83B).

In 2022, countries that imported more from Norfolk Island than Ghana included Barbados ($95k).

Difference in imports from Norfolk Island () and Ghana () (2022)

Comparative Advantage Ghana - Norfolk Island

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2014, Ghana had a large net trade with Norfolk Island in the exports of .

During 2014, Norfolk Island had a large net trade with Ghana in the exports of .

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Ghana () to Norfolk Island () (2019)

Exports from Norfolk Island () to Ghana () (2019)

Market Competitiveness

Difference in imports from Norfolk Island () and Ghana () (2022)

Comparative Advantage Ghana - Norfolk Island

Economic Complexity

Competitive Landscape

Product Space of Ghana () and Norfolk Island () (2019)

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