2022
Flag
 GDP
$114BCURRENT US$
Rnk 64 / 186
2012-2022
Flag
GDP GROWTH
87.3%CURRENT US$
Rnk 23 / 186
2022
Flag
GDP PC
$10,121CURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP PC GROWTH
67.3%CURRENT US$
Rnk 19 / 186

About

Norfolk Island-Dominican Republic Trade: In 2017, Norfolk Island exported $2.38k to Dominican Republic. The main products that Norfolk Island exported to Dominican Republic were N/A. Over the past 6 years the exports of Norfolk Island to Dominican Republic have decreased at an annualized rate of 30.8%, from $21.7k in 2011 to $2.38k in 2017.

In 2017, Norfolk Island did not export any services to Dominican Republic.

Dominican Republic-Norfolk Island Trade: In 2017, Dominican Republic exported $21.2k to Norfolk Island. The main products that Dominican Republic exported to Norfolk Island were N/A. Over the past 6 years the exports of Dominican Republic to Norfolk Island have increased at an annualized rate of 28.7%,  from $6.01k in 2011 to $21.2k in 2017.

In 2017, Dominican Republic 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, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.052), and 92 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2017, Norfolk Island exported $2.38k to Dominican Republic. There were not main exports from Norfolk Island to Dominican Republic in 2017. During the last 6 years the exports of Norfolk Island to Dominican Republic have decreased at an annualized rate of 30.8%, from $21.7k in 2011 to $2.38k in 2017.

In 2011, Dominican Republic exported $21.2k to Norfolk Island. There were not main exports from Dominican Republic to Norfolk Island in 2011. During the last 5 years the exports of Dominican Republic to Norfolk Island have increased at an annualized rate of 28.7%, from $6.01k in 2016 to $21.2k in 2011.

Exports from Norfolk Island (Flag) to Dominican Republic (Flag) (2017)

Exports from Dominican Republic (Flag) to Norfolk Island (Flag) (2017)

Latest Data

Trade between Norfolk Island (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Date

Market Competitiveness

Color
Norfolk Island
Top Destination
India$316k
Dominican Republic
Top Destination
United States$6.85B

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

In 2022, countries that imported more from Norfolk Island than Dominican Republic included Benin ($65.6k), Burundi ($6.65k), and Niger ($574).

In 2022, countries that imported more from Dominican Republic than Norfolk Island included United States ($6.85B), Switzerland ($1.08B), and Haiti ($1.02B).

Difference in imports from Dominican Republic (Flag) and Norfolk Island (Flag) (2022)

Comparative Advantage Norfolk Island - Dominican Republic

Flow
Scale

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

During 2017, Norfolk Island had a large net trade with Dominican Republic in the exports of .

During 2011, Dominican Republic 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 Dominican Republic. This means that a dot/product with the flag of Norfolk Island indicates it has a comparative advantage over Dominican Republic. Similarly, a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Norfolk Island.

Product Space of Norfolk Island (Flag) and Dominican Republic (Flag) (2017)

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