2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186

About

United States-Norfolk Island Trade: In 2022, United States exported $48.7k to Norfolk Island. The main products that United States exported to Norfolk Island were Other Measuring Instruments ($20.3k), Integrated Circuits ($15.2k), and Semiconductor Devices ($8.34k). Over the past 5 years the exports of United States to Norfolk Island have decreased at an annualized rate of 17.3%, from $126k in 2017 to $48.7k in 2022.

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

Norfolk Island-United States Trade: In 2022, Norfolk Island exported $271k to United States. The main products that Norfolk Island exported to United States were Ketones and Quinones ($245k), Acrylic Polymers ($17.9k), and Liquid Pumps ($5.49k). Over the past 5 years the exports of Norfolk Island to United States have increased at an annualized rate of 0.6%,  from $263k in 2017 to $271k in 2022.

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

Comparison In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47),  and 2 in total exports ($1.95T). That same year, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index.

Company data: In 2023, leading companies such as Emser Tile (1) and Yaheetech (1) were at the forefront of exporting goods from Norfolk Island to the United States. Conversely, Other (1) and Shenzhen Qianhai Yahee E-commerce C (1) were notable for importing products to Norfolk Island from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $48.7k to Norfolk Island. The main products exported from United States to Norfolk Island were Other Measuring Instruments ($20.3k), Integrated Circuits ($15.2k), and Semiconductor Devices ($8.34k). During the last 5 years the exports of United States to Norfolk Island have decreased at an annualized rate of 17.3%, from $126k in 2017 to $48.7k in 2022.

In 2017, Norfolk Island exported $271k to United States. The main products exported from Norfolk Island to United States were Ketones and Quinones ($245k), Acrylic Polymers ($17.9k), and Liquid Pumps ($5.49k). During the last 5 years the exports of Norfolk Island to United States have increased at an annualized rate of 0.6%, from $263k in 2022 to $271k in 2017.

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

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

Market Competitiveness

Color
United States
Top Destination
Canada$308B
Norfolk Island
Top Destination
India$316k

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

In 2022, countries that imported more from United States than Norfolk Island included Canada ($308B), Mexico ($294B), and China ($151B).

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

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

Comparative Advantage United States - Norfolk Island

Flow
Scale

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

During 2022, United States had a large net trade with Norfolk Island in the exports of Machines ($23.5k), Instruments ($20.3k), and Chemical Products ($4.84k).

During 2017, Norfolk Island had a large net trade with United States in the exports of Chemical Products ($245k), Plastics and Rubbers ($18.4k), and Machines ($5.49k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Norfolk Island. This means that a dot/product with the flag of United States 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 United States.

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

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