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Norfolk Island

Territory of Norfolk Island

Last updated: 2026-03-28 (today)

Industries

tourism, light industry, ready mixed concrete

Exchange rates

Currency

Australian dollars (AUD) per US dollar -

Exchange rates 2020

1.453 (2020 est.)

Exchange rates 2021

1.331 (2021 est.)

Exchange rates 2022

1.442 (2022 est.)

Exchange rates 2023

1.505 (2023 est.)

Exchange rates 2024

1.515 (2024 est.)

Economic overview

high-income Australian territorial economy; key tourism and re-exportation industries; small labor force and declining participation creating more part-time jobs; former tax haven; increasing medical cannabis exporter; little transportation infrastructure

Exports - partners

USA 31%, Belgium 9%, Philippines 7%, Israel 6%, Singapore 6% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

Australia 52%, Fiji 13%, NZ 12%, Saudi Arabia 12%, Malaysia 5% (2023)

note: top five import partners based on percentage share of imports

Agricultural products

Norfolk Island pine seed, Kentia palm seed, cereals, vegetables, fruit; cattle, poultry

Exports - commodities

pine seeds, lumber, cars and vehicle parts, soybeans, lactose syrup (2021)

top five export commodities based on value in dollars

Imports - commodities

refined petroleum, plastics, electrical lighting/signalling equipment, cars, machinery (2023)