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2023
Flag → Flag
Exports $11.7kRnk 20 / 40
2023
Flag → Flag
Top Product $10.1kSawn Wood
2023
Flag → Flag
Exports $188Rnk 214 / 216
2023
Flag → Flag
Top Product $188Cleaning Products
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag
 GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC$55,517CURRENT US$
Rnk 19 / 196
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195

About

Norfolk Island-Sweden Trade: In 2023, Norfolk Island exported $11.7k to Sweden. The main products that Norfolk Island exported to Sweden were Sawn Wood ($10.1k), Hair Products ($754), and Motor vehicles; parts and accessories (8701 to 8705) ($471). Over the past 12 years the exports of Norfolk Island to Sweden have decreased at an annualized rate of 14%, from $71.7k in 2011 to $11.7k in 2023.

In 2023, Norfolk Island did not export any services to Sweden.

Sweden-Norfolk Island Trade: In 2023, Sweden exported $188 to Norfolk Island. The main products that Sweden exported to Norfolk Island were Cleaning Products ($188). Over the past 12 years the exports of Sweden to Norfolk Island have decreased at an annualized rate of 18.1%,  from $1.38k in 2011 to $188 in 2023.

In 2023, Sweden did not export any services to Norfolk Island.

Comparison In 2023,  Norfolk Island ranked 223 in total exports ($2.11M), and does not have data regarding Economic Complexity Index. That same year, Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norfolk Island exported $11.7k to Sweden. The main products exported from Norfolk Island to Sweden were Sawn Wood ($10.1k), Hair Products ($754), and Motor vehicles; parts and accessories (8701 to 8705) ($471). During the last 12 years the exports of Norfolk Island to Sweden have decreased at an annualized rate of 14%, from $71.7k in 2011 to $11.7k in 2023.

In 2018, Sweden exported $188 to Norfolk Island. The main products exported from Sweden to Norfolk Island were Cleaning Products ($188). During the last 5 years the exports of Sweden to Norfolk Island have decreased at an annualized rate of 18.1%, from $1.38k in 2023 to $188 in 2018.

Exports from Norfolk Island (Flag) to Sweden (Flag) (2023)

Exports from Sweden (Flag) to Norfolk Island (Flag) (2023)

Latest Data

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

Sweden Exports

Market Competitiveness

Color
Norfolk Island
Top DestinationUnited States$655k
Sweden
Top DestinationGermany$18.4B

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

In 2023, no countries were registered that imported more from Norfolk Island than from Sweden.

In 2023, countries that imported more from Sweden than Norfolk Island included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

Difference in imports from Sweden (Flag) and Norfolk Island (Flag) (2023)

Comparative Advantage Norfolk Island - Sweden

Flow
Scale

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

During 2023, Norfolk Island had a large net trade with Sweden in the exports of Wood Products ($10.1k), Chemical Products ($754), and Transportation ($471).

During 2018, Sweden had a large net trade with Norfolk Island in the exports of Chemical Products ($188).

Economic Complexity

Competitive Landscape

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

Product Space of Norfolk Island (Flag) and Sweden (Flag) (2023)

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