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In N/A, Venezuela did not export any services to Norfolk Island.

Norfolk Island-Venezuela In N/A, Norfolk Island did not export any products to Venezuela.

In N/A, Norfolk Island did not export any services to Venezuela.

Comparison In 2022,  Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87),  and 132 in total exports ($4.3B). That same year, Norfolk Island ranked 225 in total exports ($1.96M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Venezuela does not register exports to Norfolk Island.

Norfolk Island does not register exports to Venezuela.

Exports from Venezuela (Flag) to Norfolk Island (Flag) (2008)

Exports from Norfolk Island (Flag) to Venezuela (Flag) (2008)

Market Competitiveness

Color
Venezuela
Top Destination
China$703M
Norfolk Island
Top Destination
India$316k

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

In 2022, countries that imported more from Venezuela than Norfolk Island included China ($703M), Turkey ($597M), and Spain ($518M).

In 2022, countries that imported more from Norfolk Island than Venezuela included Barbados ($95k), Benin ($65.6k), and Madagascar ($17.7k).

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

Comparative Advantage Venezuela - Norfolk Island

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

Product Space of Venezuela (Flag) and Norfolk Island (Flag) (2008)

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