2022
Flag
 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Norfolk Island-India Trade: In 2022, Norfolk Island exported $316k to India. The main products that Norfolk Island exported to India were Stone Working Machines ($116k), Industrial Food Preperation Machinery ($83.8k), and Polyacetals ($51.6k). Over the past 5 years the exports of Norfolk Island to India have increased at an annualized rate of 10.9%, from $189k in 2017 to $316k in 2022.

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

India-Norfolk Island Trade: In 2022, India exported $16.2k to Norfolk Island. The main products that India exported to Norfolk Island were Jewellery ($16.2k). Over the past 5 years the exports of India to Norfolk Island have decreased at an annualized rate of 34.7%,  from $137k in 2017 to $16.2k in 2022.

In 2022, India 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, India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norfolk Island exported $316k to India. The main products exported from Norfolk Island to India were Stone Working Machines ($116k), Industrial Food Preperation Machinery ($83.8k), and Polyacetals ($51.6k). During the last 5 years the exports of Norfolk Island to India have increased at an annualized rate of 10.9%, from $189k in 2017 to $316k in 2022.

In 2017, India exported $16.2k to Norfolk Island. The main products exported from India to Norfolk Island were Jewellery ($16.2k). During the last 5 years the exports of India to Norfolk Island have decreased at an annualized rate of 34.7%, from $137k in 2022 to $16.2k in 2017.

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

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

Latest Data

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

India Exports

Market Competitiveness

Color
Norfolk Island
Top Destination
India$316k
India
Top Destination
United States$82.9B

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

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

In 2022, countries that imported more from India than Norfolk Island included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Norfolk Island - India

Flow
Scale

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

During 2022, Norfolk Island had a large net trade with India in the exports of Machines ($200k), Plastics and Rubbers ($51.6k), and Transportation ($41.2k).

During 2017, India had a large net trade with Norfolk Island in the exports of Precious Metals ($16.2k).

Economic Complexity

Competitive Landscape

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

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

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