2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC 
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186

About

Norway-Gabon Trade: In 2022, Norway exported $17M to Gabon. The main products that Norway exported to Gabon were Artificial Graphite ($3.03M), Other Iron Products ($2.7M), and Fish: dried, salted, smoked or in brine ($2.18M). Over the past 5 years the exports of Norway to Gabon have decreased at an annualized rate of 40.7%, from $231M in 2017 to $17M in 2022.

In 2022, Norway did not export any services to Gabon.

Gabon-Norway Trade: In 2022, Gabon exported $168M to Norway. The main products that Gabon exported to Norway were Manganese Ore ($168M), Surveying Equipment ($15.6k), and Centrifuges ($14.4k). Over the past 5 years the exports of Gabon to Norway have increased at an annualized rate of 0.93%,  from $161M in 2017 to $168M in 2022.

In 2022, Gabon did not export any services to Norway.

Comparison: In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B). That same year, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $17M to Gabon. The main products exported from Norway to Gabon were Artificial Graphite ($3.03M), Other Iron Products ($2.7M), and Fish: dried, salted, smoked or in brine ($2.18M). During the last 5 years the exports of Norway to Gabon have decreased at an annualized rate of 40.7%, from $231M in 2017 to $17M in 2022.

In 2017, Gabon exported $168M to Norway. The main products exported from Gabon to Norway were Manganese Ore ($168M), Surveying Equipment ($15.6k), and Centrifuges ($14.4k). During the last 5 years the exports of Gabon to Norway have increased at an annualized rate of 0.93%, from $161M in 2022 to $168M in 2017.

Exports from Norway (Flag) to Gabon (Flag) (2022)

Exports from Gabon (Flag) to Norway (Flag) (2022)

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Gabon
Top Destination
China$3.4B

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

In 2022, countries that imported more from Norway than Gabon included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2022, countries that imported more from Gabon than Norway included Indonesia ($394M), Malaysia ($299M), and Georgia ($26M).

Difference in imports from Gabon (Flag) and Norway (Flag) (2022)

Comparative Advantage Norway - Gabon

Flow
Scale

This chart compares trade between Norway and Gabon by product, considering products traded by both, Norway and Gabon.

During 2022, Norway had a large net trade with Gabon in the exports of Metals ($8.97M), Animal Products ($3.36M), and Chemical Products ($3.03M).

During 2017, Gabon had a large net trade with Norway in the exports of Mineral Products ($168M), Machines ($17.7k), and Instruments ($17.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Gabon+$263kNon-fillet Frozen Fish
Top Product Potential Gabon Norway+$97.2kSawn Wood

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Norway (Flag) and Gabon (Flag) (2022)

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