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Pricing

2023
Flag → Flag
Exports $88kRnk 8 / 40
2023
Flag → Flag
Top Product $72.1kChemical Analysis Instruments
2023
Flag → Flag
Exports $3.17kRnk 215 / 215
2023
Flag → Flag
Top Product $3.17kOther Plastic Products
2023
Flag
Economic Complexity (ECI) ECI 0.9Rnk 30 / 132
2023
Flag
 GDP$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH16%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC$53,431CURRENT US$
Rnk 22 / 196
2013-2023
Flag
GDP PC GROWTH1.51%CURRENT US$
Rnk 152 / 195

About

Norfolk Island-Canada Trade: In 2023, Norfolk Island exported $88k to Canada. The main products that Norfolk Island exported to Canada were Chemical Analysis Instruments ($72.1k), Hair Products ($15.4k), and Air Conditioners ($194). Over the past 5 years the exports of Norfolk Island to Canada have increased at an annualized rate of 21.2%, from $33.6k in 2018 to $88k in 2023.

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

Canada-Norfolk Island Trade: In 2023, Canada exported $3.17k to Norfolk Island. The main products that Canada exported to Norfolk Island were Other Plastic Products ($3.17k). Over the past 5 years the exports of Canada to Norfolk Island have decreased at an annualized rate of 54.4%,  from $161k in 2018 to $3.17k in 2023.

In 2023, Canada 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, Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norfolk Island exported $88k to Canada. The main products exported from Norfolk Island to Canada were Chemical Analysis Instruments ($72.1k), Hair Products ($15.4k), and Air Conditioners ($194). During the last 5 years the exports of Norfolk Island to Canada have increased at an annualized rate of 21.2%, from $33.6k in 2018 to $88k in 2023.

In 2018, Canada exported $3.17k to Norfolk Island. The main products exported from Canada to Norfolk Island were Other Plastic Products ($3.17k). During the last 5 years the exports of Canada to Norfolk Island have decreased at an annualized rate of 54.4%, from $161k in 2023 to $3.17k in 2018.

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

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

Latest Data

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

Canada Exports

Market Competitiveness

Color
Norfolk Island
Top DestinationUnited States$655k
Canada
Top DestinationUnited States$410B

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.

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

In 2023, countries that imported more from Canada than Norfolk Island included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

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 2023, Norfolk Island had a large net trade with Canada in the exports of Instruments ($72.1k), Chemical Products ($15.4k), and Machines ($408).

During 2018, Canada had a large net trade with Norfolk Island in the exports of Plastics and Rubbers ($3.17k).

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) (2023)

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