2023
Flag  
GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH
10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC 
$87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC
$7,803CURRENT US$
Rnk 100 / 196
2013-2023
Flag
GDP PC GROWTH
-15.2%CURRENT US$
Rnk 172 / 195

About

Norway-Gabon Trade: In 2023, Norway exported $14.4M to Gabon. The main products that Norway exported to Gabon were Artificial Graphite ($2.95M), Dried/Salted/Smoked/Brined Fish ($2.17M), and Non-fillet Frozen Fish ($1.87M). Over the past 5 years the exports of Norway to Gabon have decreased at an annualized rate of 15.8%, from $34M in 2018 to $14.4M in 2023.

In 2023, Norway did not export any services to Gabon.

Gabon-Norway Trade: In 2023, Gabon exported $138M to Norway. The main products that Gabon exported to Norway were Manganese Ore ($128M), Passenger and Cargo Ships ($6.35M), and Machinery Having Individual Functions ($1.33M). Over the past 5 years the exports of Gabon to Norway have decreased at an annualized rate of 17.4%,  from $360M in 2018 to $138M in 2023.

In 2023, Gabon did not export any services to Norway.

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Norway exported $14.4M to Gabon. The main products exported from Norway to Gabon were Artificial Graphite ($2.95M), Dried/Salted/Smoked/Brined Fish ($2.17M), and Non-fillet Frozen Fish ($1.87M). During the last 5 years the exports of Norway to Gabon have decreased at an annualized rate of 15.8%, from $34M in 2018 to $14.4M in 2023.

In 2018, Gabon exported $138M to Norway. The main products exported from Gabon to Norway were Manganese Ore ($128M), Passenger and Cargo Ships ($6.35M), and Machinery Having Individual Functions ($1.33M). During the last 5 years the exports of Gabon to Norway have decreased at an annualized rate of 17.4%, from $360M in 2023 to $138M in 2018.

Exports from Norway (Flag) to Gabon (Flag) (2023)

Exports from Gabon (Flag) to Norway (Flag) (2023)

Market Competitiveness

Color
Norway
Top Destination
Germany$33.8B
Gabon
Top Destination
China$2.77B

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 2023, countries that imported more from Norway than Gabon included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Gabon than Norway included Indonesia ($875M), Republic of the Congo ($574M), and Israel ($680M).

Difference in imports from Gabon (Flag) and Norway (Flag) (2023)

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 2023, Norway had a large net trade with Gabon in the exports of Animal Products ($4.17M), Chemical Products ($3.51M), and Metals ($2.24M).

During 2018, Gabon had a large net trade with Norway in the exports of Mineral Products ($128M), Transportation ($6.63M), and Machines ($1.72M).

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) (2023)

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