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2023
Flag → Flag
Exports $60.2kRnk 12 / 40
2023
Flag → Flag
Top Product $60.2kSowing Seeds
2023
Flag → Flag
Exports $16.4MRnk 115 / 211
2023
Flag → Flag
Top Product $1.28MCars
2023
Flag
Economic Complexity (ECI) ECI -0.28Rnk 75 / 132
2023
Flag
 GDP$1.73TCURRENT US$
Rnk 13 / 195
2013-2023
Flag
GDP GROWTH9.57%CURRENT US$
Rnk 156 / 195
2023
Flag
GDP PC$64,821CURRENT US$
Rnk 16 / 196
2013-2023
Flag
GDP PC GROWTH-4.94%CURRENT US$
Rnk 159 / 195

About

Norfolk Island-Australia Trade: In 2023, Norfolk Island exported $60.2k to Australia. The main products that Norfolk Island exported to Australia were Sowing Seeds ($60.2k). Over the past 5 years the exports of Norfolk Island to Australia have decreased at an annualized rate of 1.97%, from $66.5k in 2018 to $60.2k in 2023.

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

Australia-Norfolk Island Trade: In 2023, Australia exported $16.4M to Norfolk Island. The main products that Australia exported to Norfolk Island were Cars ($1.28M), Machinery Having Individual Functions ($1.17M), and Other Edible Preparations ($770k). Over the past 5 years the exports of Australia to Norfolk Island have increased at an annualized rate of 27%,  from $4.96M in 2018 to $16.4M in 2023.

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

Comparison In 2023,  Norfolk Island ranked 223 in total exports ($2.11M), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norfolk Island exported $60.2k to Australia. The main products exported from Norfolk Island to Australia were Sowing Seeds ($60.2k). During the last 5 years the exports of Norfolk Island to Australia have decreased at an annualized rate of 1.97%, from $66.5k in 2018 to $60.2k in 2023.

In 2018, Australia exported $16.4M to Norfolk Island. The main products exported from Australia to Norfolk Island were Cars ($1.28M), Machinery Having Individual Functions ($1.17M), and Other Edible Preparations ($770k). During the last 5 years the exports of Australia to Norfolk Island have increased at an annualized rate of 27%, from $4.96M in 2023 to $16.4M in 2018.

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

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

Latest Data

Trade between Norfolk Island (Flag) and Australia (Flag)

Australia Exports

Market Competitiveness

Color
Norfolk Island
Top DestinationUnited States$655k
Australia
Top DestinationChina$137B

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

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

In 2023, countries that imported more from Australia than Norfolk Island included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage Norfolk Island - Australia

Flow
Scale

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

During 2023, Norfolk Island had a large net trade with Australia in the exports of Vegetable Products ($60.2k).

During 2018, Australia had a large net trade with Norfolk Island in the exports of Machines ($5.83M), Transportation ($2.59M), and Foodstuffs ($2.45M).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Norfolk Island and Australia. This means that a dot/product with the flag of Norfolk Island indicates it has a comparative advantage over Australia. Similarly, a dot/product with the flag of Australia indicates it has a comparative advantage over Norfolk Island.

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

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