Norfolk Island (NFK) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Norfolk Island-Spain Trade: In 2022, Norfolk Island exported $149 to Spain. The main products that Norfolk Island exported to Spain were Valves ($149). Over the past 7 years the exports of Norfolk Island to Spain have decreased at an annualized rate of 8.09%, from $269 in 2015 to $149 in 2022.

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

Spain-Norfolk Island Trade: In 2022, Spain exported $14.5k to Norfolk Island. The main products that Spain exported to Norfolk Island were N/A. Over the past 7 years the exports of Spain to Norfolk Island have increased at an annualized rate of 59.6%, from $1.4k in 2015 to $14.5k in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norfolk Island exported $149 to Spain. The main products exported from Norfolk Island to Spain were Valves ($149). During the last 7 years the exports of Norfolk Island to Spain have decreased at an annualized rate of 8.09%, from $269 in 2015 to $149 in 2022.

In 2016, Spain exported $14.5k to Norfolk Island. There were not main exports from Spain to Norfolk Island in 2016. During the last 5 years the exports of Spain to Norfolk Island have increased at an annualized rate of 59.6%, from $1.4k in 2021 to $14.5k in 2016.

Exports from Norfolk Island () to Spain () (2022)

Exports from Spain () to Norfolk Island () (2022)

Latest Data

Trade between Norfolk Island () and Spain ()

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norfolk Island
Top DestinationIndia$316k

Spain
Top DestinationFrance$65.2B

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

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

In 2022, countries that imported more from Spain than Norfolk Island included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Norfolk Island () (2022)

Comparative Advantage Norfolk Island - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norfolk Island had a large net trade with Spain in the exports of Machines ($149).

During 2016, Spain had a large net trade with Norfolk Island in the exports of N/A.

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Norfolk Island () to Spain () (2022)

Exports from Spain () to Norfolk Island () (2022)

Latest Data

Trade between Norfolk Island () and Spain ()

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Norfolk Island () (2022)

Comparative Advantage Norfolk Island - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Norfolk Island () and Spain () (2022)

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