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2022
Flag → Flag
Exports $47Rnk 43 / 45
2022
Flag → Flag
Top Product $47Non-Knit Women's Suits
2022
Flag → Flag
Exports $63.6kRnk 89 / 0
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 186
2022
Flag
GDP PC$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Norfolk Island-Denmark Trade: In 2022, Norfolk Island exported $47 to Denmark. The main products that Norfolk Island exported to Denmark were Non-Knit Women's Suits ($47). Over the past 15 years the exports of Norfolk Island to Denmark have decreased at an annualized rate of 26.4%, from $4.69k in 2007 to $47 in 2022.

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

Denmark-Norfolk Island Trade: In 2022, Denmark exported $63.6k to Norfolk Island. The main products that Denmark exported to Norfolk Island were N/A. Over the past 15 years the exports of Denmark to Norfolk Island have decreased at an annualized rate of 36.2%,  from $948k in 2007 to $63.6k in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norfolk Island exported $47 to Denmark. The main products exported from Norfolk Island to Denmark were Non-Knit Women's Suits ($47). During the last 15 years the exports of Norfolk Island to Denmark have decreased at an annualized rate of 26.4%, from $4.69k in 2007 to $47 in 2022.

In 2008, Denmark exported $63.6k to Norfolk Island. There were not main exports from Denmark to Norfolk Island in 2008. During the last 5 years the exports of Denmark to Norfolk Island have decreased at an annualized rate of 36.2%, from $948k in 2013 to $63.6k in 2008.

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

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

Latest Data

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

Denmark Exports

Market Competitiveness

Color
Norfolk Island
Top DestinationIndia$316k
Denmark
Top DestinationGermany$18.9B

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

In 2022, no countries were registered that imported more from Norfolk Island than from Denmark.

In 2022, countries that imported more from Denmark than Norfolk Island included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Norfolk Island - Denmark

Flow
Scale

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

During 2022, Norfolk Island had a large net trade with Denmark in the exports of Textiles ($47).

During 2008, Denmark had a large net trade with Norfolk Island in the exports of .

Economic Complexity

Competitive Landscape

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

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

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