Norfolk Island (NFK) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

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Norfolk Island-New Zealand Trade: In 2022, Norfolk Island exported $58 to New Zealand. The main products that Norfolk Island exported to New Zealand were Jewellery ($58). Over the past 7 years the exports of Norfolk Island to New Zealand have decreased at an annualized rate of 48.6%, from $6.1k in 2015 to $58 in 2022.

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

New Zealand-Norfolk Island Trade: In 2022, New Zealand exported $4.75M to Norfolk Island. The main products that New Zealand exported to Norfolk Island were Sawn Wood ($427k), Milk ($294k), and Tanned Equine and Bovine Hides ($292k). Over the past 7 years the exports of New Zealand to Norfolk Island have decreased at an annualized rate of 1.64%, from $6.18M in 2015 to $4.75M in 2022.

In 2022, New Zealand 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, New Zealand ranked 45 in the Economic Complexity Index (ECI 0.46), and 64 in total exports ($46.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Norfolk Island exported $58 to New Zealand. The main products exported from Norfolk Island to New Zealand were Jewellery ($58). During the last 7 years the exports of Norfolk Island to New Zealand have decreased at an annualized rate of 48.6%, from $6.1k in 2015 to $58 in 2022.

In 2017, New Zealand exported $4.75M to Norfolk Island. The main products exported from New Zealand to Norfolk Island were Sawn Wood ($427k), Milk ($294k), and Tanned Equine and Bovine Hides ($292k). During the last 5 years the exports of New Zealand to Norfolk Island have decreased at an annualized rate of 1.64%, from $6.18M in 2022 to $4.75M in 2017.

Exports from Norfolk Island () to New Zealand () (2022)

Exports from New Zealand () to Norfolk Island () (2022)

Latest Data

Trade between Norfolk Island () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norfolk Island
Top DestinationIndia$316k

New Zealand
Top DestinationChina$13.1B

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

In 2022, countries that imported more from Norfolk Island than New Zealand included Burundi ($6.65k).

In 2022, countries that imported more from New Zealand than Norfolk Island included China ($13.1B), Australia ($5.35B), and United States ($5.07B).

Difference in imports from New Zealand () and Norfolk Island () (2022)

Comparative Advantage Norfolk Island - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Norfolk Island had a large net trade with New Zealand in the exports of Precious Metals ($58).

During 2017, New Zealand had a large net trade with Norfolk Island in the exports of Foodstuffs ($939k), Animal Products ($603k), and Wood Products ($489k).

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 New Zealand. This means that a dot/product with the flag of Norfolk Island indicates it has a comparative advantage over New Zealand. Similarly, a dot/product with the flag of New Zealand indicates it has a comparative advantage over Norfolk Island.

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Historical Data

Bilateral Trade by Products

Exports from Norfolk Island () to New Zealand () (2022)

Exports from New Zealand () to Norfolk Island () (2022)

Latest Data

Trade between Norfolk Island () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Norfolk Island () (2022)

Comparative Advantage Norfolk Island - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Norfolk Island () and New Zealand () (2022)

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