2023
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GDP
$252BCURRENT US$
Rnk 51 / 195
2013-2023
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GDP GROWTH
32.1%CURRENT US$
Rnk 110 / 195
2023
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GDP PC 
$48,281CURRENT US$
Rnk 28 / 195
2013-2023
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GDP PC GROWTH
12.3%CURRENT US$
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About

New Zealand-Norfolk Island Trade: In 2023, New Zealand exported $3.9M to Norfolk Island. The main products that New Zealand exported to Norfolk Island were Sawn Wood ($444k), Buses ($187k), and Milk ($186k). Over the past 5 years the exports of New Zealand to Norfolk Island have decreased at an annualized rate of 11.1%, from $7.01M in 2018 to $3.9M in 2023.

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

Norfolk Island-New Zealand Trade: In 2023, Norfolk Island exported $2.55k to New Zealand. The main products that Norfolk Island exported to New Zealand were Paintings ($2.4k) and Other toys ($150). Over the past 5 years the exports of Norfolk Island to New Zealand have decreased at an annualized rate of 24.3%,  from $10.2k in 2018 to $2.55k in 2023.

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

Comparison In 2023,  New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48),  and 61 in total exports ($44.5B). That same year, Norfolk Island ranked 223 in total exports ($2.11M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, New Zealand exported $3.9M to Norfolk Island. The main products exported from New Zealand to Norfolk Island were Sawn Wood ($444k), Buses ($187k), and Milk ($186k). During the last 5 years the exports of New Zealand to Norfolk Island have decreased at an annualized rate of 11.1%, from $7.01M in 2018 to $3.9M in 2023.

In 2018, Norfolk Island exported $2.55k to New Zealand. The main products exported from Norfolk Island to New Zealand were Paintings ($2.4k) and Other toys ($150). During the last 5 years the exports of Norfolk Island to New Zealand have decreased at an annualized rate of 24.3%, from $10.2k in 2023 to $2.55k in 2018.

Exports from New Zealand (Flag) to Norfolk Island (Flag) (2023)

Exports from Norfolk Island (Flag) to New Zealand (Flag) (2023)

Latest Data

Trade between New Zealand (Flag) and Norfolk Island (Flag)

New Zealand Exports

Market Competitiveness

Color
New Zealand
Top Destination
China$12.3B
Norfolk Island
Top Destination
United States$655k

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

In 2023, countries that imported more from New Zealand than Norfolk Island included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

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

Difference in imports from Norfolk Island (Flag) and New Zealand (Flag) (2023)

Comparative Advantage New Zealand - Norfolk Island

Flow
Scale

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

During 2023, New Zealand had a large net trade with Norfolk Island in the exports of Foodstuffs ($927k), Wood Products ($504k), and Animal Products ($467k).

During 2018, Norfolk Island had a large net trade with New Zealand in the exports of Arts and Antiques ($2.4k) and Miscellaneous ($150).

Economic Complexity

Competitive Landscape

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

Product Space of New Zealand (Flag) and Norfolk Island (Flag) (2023)

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