2022
Flag
 GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
GDP PC
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186

About

Norfolk Island-Canada Trade: In 2022, Norfolk Island exported $36.3k to Canada. The main products that Norfolk Island exported to Canada were Cleaning Products ($34.2k), Electrical Transformers ($873), and Low-voltage Protection Equipment ($827). Over the past 5 years the exports of Norfolk Island to Canada have increased at an annualized rate of 8.97%, from $23.6k in 2017 to $36.3k in 2022.

In 2022, Norfolk Island did not export any services to Canada.

Canada-Norfolk Island Trade: In 2022, Canada exported $15.8k to Norfolk Island. The main products that Canada exported to Norfolk Island were N/A. Over the past 5 years the exports of Canada to Norfolk Island have decreased at an annualized rate of 23.1%,  from $58.7k in 2017 to $15.8k in 2022.

In 2022, Canada did not export any services to Norfolk Island.

Comparison In 2022,  Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index. That same year, Canada ranked 31 in the Economic Complexity Index (ECI 0.92), and 9 in total exports ($587B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norfolk Island exported $36.3k to Canada. The main products exported from Norfolk Island to Canada were Cleaning Products ($34.2k), Electrical Transformers ($873), and Low-voltage Protection Equipment ($827). During the last 5 years the exports of Norfolk Island to Canada have increased at an annualized rate of 8.97%, from $23.6k in 2017 to $36.3k in 2022.

In 2016, Canada exported $15.8k to Norfolk Island. There were not main exports from Canada to Norfolk Island in 2016. During the last 5 years the exports of Canada to Norfolk Island have decreased at an annualized rate of 23.1%, from $58.7k in 2021 to $15.8k in 2016.

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

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

Latest Data

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

Canada Exports

Market Competitiveness

Color
Norfolk Island
Top Destination
N/AN/A
Canada
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage Norfolk Island - Canada

Flow
Scale

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

During 2022, Norfolk Island had a large net trade with Canada in the exports of Chemical Products ($34.2k), Machines ($2.04k), and Miscellaneous ($73).

During 2016, Canada had a large net trade with Norfolk Island in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norfolk Island Canada+N/AN/A
Top Product Potential Canada Norfolk Island+N/AN/A

N/A

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Economic Complexity

Competitive Landscape

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

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

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