2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195

About

India-Norfolk Island Trade: In 2023, India exported $15.4k to Norfolk Island. The main products that India exported to Norfolk Island were Jewellery ($14k), Other Measuring Instruments ($1.44k), and Packing Bags ($13). Over the past 5 years the exports of India to Norfolk Island have decreased at an annualized rate of 46.9%, from $367k in 2018 to $15.4k in 2023.

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

Norfolk Island-India Trade: In 2023, Norfolk Island exported $90k to India. The main products that Norfolk Island exported to India were Forging Machines ($61.5k), Plastic Coated Textile Fabric ($15k), and Raw Plastic Sheeting ($13.5k). Over the past 5 years the exports of Norfolk Island to India have decreased at an annualized rate of 23.6%,  from $346k in 2018 to $90k in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). 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, India exported $15.4k to Norfolk Island. The main products exported from India to Norfolk Island were Jewellery ($14k), Other Measuring Instruments ($1.44k), and Packing Bags ($13). During the last 5 years the exports of India to Norfolk Island have decreased at an annualized rate of 46.9%, from $367k in 2018 to $15.4k in 2023.

In 2018, Norfolk Island exported $90k to India. The main products exported from Norfolk Island to India were Forging Machines ($61.5k), Plastic Coated Textile Fabric ($15k), and Raw Plastic Sheeting ($13.5k). During the last 5 years the exports of Norfolk Island to India have decreased at an annualized rate of 23.6%, from $346k in 2023 to $90k in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Norfolk Island
Top Destination
United States$655k

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

In 2023, countries that imported more from India than Norfolk Island included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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

Comparative Advantage India - Norfolk Island

Flow
Scale

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

During 2023, India had a large net trade with Norfolk Island in the exports of Precious Metals ($14k), Instruments ($1.44k), and Textiles ($13).

During 2018, Norfolk Island had a large net trade with India in the exports of Machines ($61.5k), Textiles ($15k), and Plastics and Rubbers ($13.5k).

Economic Complexity

Competitive Landscape

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

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

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