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2022
Flag → Flag
Exports $279kRnk 2 / 45
2022
Flag → Flag
Top Product $279kSowing Seeds
2022
Flag → Flag
Exports $3.81kRnk 102 / 0
2022
Flag
Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
Flag
 GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
Flag
GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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GDP PC$49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186

About

Norfolk Island-Belgium Trade: In 2022, Norfolk Island exported $279k to Belgium. The main products that Norfolk Island exported to Belgium were Sowing Seeds ($279k). Over the past 5 years the exports of Norfolk Island to Belgium have decreased at an annualized rate of 0.1%, from $281k in 2017 to $279k in 2022.

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

Belgium-Norfolk Island Trade: In 2022, Belgium exported $3.81k to Norfolk Island. The main products that Belgium exported to Norfolk Island were N/A. Over the past 5 years the exports of Belgium to Norfolk Island have decreased at an annualized rate of 30.7%,  from $23.7k in 2017 to $3.81k in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norfolk Island exported $279k to Belgium. The main products exported from Norfolk Island to Belgium were Sowing Seeds ($279k). During the last 5 years the exports of Norfolk Island to Belgium have decreased at an annualized rate of 0.1%, from $281k in 2017 to $279k in 2022.

In 2015, Belgium exported $3.81k to Norfolk Island. There were not main exports from Belgium to Norfolk Island in 2015. During the last 5 years the exports of Belgium to Norfolk Island have decreased at an annualized rate of 30.7%, from $23.7k in 2020 to $3.81k in 2015.

Exports from Norfolk Island (Flag) to Belgium (Flag) (2022)

Exports from Belgium (Flag) to Norfolk Island (Flag) (2022)

Latest Data

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

Belgium Exports

Market Competitiveness

Color
Norfolk Island
Top DestinationIndia$316k
Belgium
Top DestinationGermany$91.9B

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

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

In 2022, countries that imported more from Belgium than Norfolk Island included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Norfolk Island - Belgium

Flow
Scale

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

During 2022, Norfolk Island had a large net trade with Belgium in the exports of Vegetable Products ($279k).

During 2015, Belgium had a large net trade with Norfolk Island in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Norfolk Island (Flag) and Belgium (Flag) (2022)

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