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2022
Flag → Flag
Exports $5.96kRnk 23 / 45
2022
Flag → Flag
Top Product $3.11kGas and Liquid Flow Measuring Instruments
2022
Flag → Flag
Exports $244kRnk 210 / 224
2022
Flag → Flag
Top Product $125kOther Electrical Machinery
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
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 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
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GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Norfolk Island-United Kingdom Trade: In 2022, Norfolk Island exported $5.96k to United Kingdom. The main products that Norfolk Island exported to United Kingdom were Gas and Liquid Flow Measuring Instruments ($3.11k), Valves ($1.64k), and Medical Instruments ($1.21k). Over the past 11 years the exports of Norfolk Island to United Kingdom have decreased at an annualized rate of 24.4%, from $130k in 2011 to $5.96k in 2022.

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

United Kingdom-Norfolk Island Trade: In 2022, United Kingdom exported $244k to Norfolk Island. The main products that United Kingdom exported to Norfolk Island were Other Electrical Machinery ($125k) and Plastic Building Materials ($119k). Over the past 11 years the exports of United Kingdom to Norfolk Island have increased at an annualized rate of 117%,  from $5.12k in 2011 to $244k in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norfolk Island exported $5.96k to United Kingdom. The main products exported from Norfolk Island to United Kingdom were Gas and Liquid Flow Measuring Instruments ($3.11k), Valves ($1.64k), and Medical Instruments ($1.21k). During the last 11 years the exports of Norfolk Island to United Kingdom have decreased at an annualized rate of 24.4%, from $130k in 2011 to $5.96k in 2022.

In 2017, United Kingdom exported $244k to Norfolk Island. The main products exported from United Kingdom to Norfolk Island were Other Electrical Machinery ($125k) and Plastic Building Materials ($119k). During the last 5 years the exports of United Kingdom to Norfolk Island have increased at an annualized rate of 117%, from $5.12k in 2022 to $244k in 2017.

Exports from Norfolk Island (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Norfolk Island (Flag) (2022)

Latest Data

Trade between Norfolk Island (Flag) and United Kingdom (Flag)

United Kingdom Exports

Market Competitiveness

Color
Norfolk Island
Top DestinationN/AN/A
United Kingdom
Top DestinationN/AN/A

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

N/A

N/A

Difference in imports from United Kingdom (Flag) and Norfolk Island (Flag) (2022)

Comparative Advantage Norfolk Island - United Kingdom

Flow
Scale

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

During 2022, Norfolk Island had a large net trade with United Kingdom in the exports of Instruments ($4.32k) and Machines ($1.64k).

During 2017, United Kingdom had a large net trade with Norfolk Island in the exports of Machines ($125k) and Plastics and Rubbers ($119k).

Economic Complexity

Competitive Landscape

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

Product Space of Norfolk Island (Flag) and United Kingdom (Flag) (2022)

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