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Pricing

2022
Flag → Flag
Exports $2.62MRnk 136 / 209
2022
Flag → Flag
Top Product $644kExcavation Machinery
2022
Flag → Flag
Exports $517kRnk 26 / 89
2022
Flag → Flag
Top Product $260kOther Sea Vessels
2022
Flag
Economic Complexity (ECI) ECI 0.58Rnk 41 / 124
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
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GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Norway-Gibraltar In 2022, Norway exported $2.62M to Gibraltar. The main products that Norway exported to Gibraltar are Excavation Machinery ($644k), Machinery Having Individual Functions ($374k), and Engine Parts ($141k). During the last 27 years the exports of Norway to Gibraltar have increased at an annualized rate of 6.63%, from $462k in 1995 to $2.62M in 2022.

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

Gibraltar-Norway In 2022, Gibraltar exported $517k to Norway. The main products that Gibraltar exported to Norway were Other Sea Vessels ($260k), Additive manufacturing machines ($106k), and Excavation Machinery ($48.3k). During the last 27 years the exports of Gibraltar to Norway have increased at an annualized rate of 23.7%, from $1.64k in 1995 to $517k in 2022.

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

Comparison In 2022,  Norway ranked 41 in the Economic Complexity Index (ECI 0.58),  and 28 in total exports ($285B). That same year, Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK1.44M and imported NOK680k from Gibraltar, resulting in a positive trade balance of NOK755k. Between February 2023 and February 2024 the exports of Norway have decreased by NOK-3.91M (-73.1%) from NOK5.34M to NOK1.44M, while imports decreased by NOK-192k (-22%) from NOK872k to NOK680k.

Trade In February 2024, the top exports of Norway to Gibraltar were General industrial machinery and equipment, n.e.s.,... (NOK8.64M), Machinery specialized for particular industries (NOK540k), Electrical machinery, apparatus and appliances, n.e.s.,... (NOK350k), Rubber manufactures, n.e.s. (NOK312k), and Telecommunications and sound-recording and reproducing apparatus... (NOK175k). In February 2024 the top imports of Norway from Gibraltar were Manufactures of metals, n.e.s. (NOK43k), Machinery specialized for particular industries (NOK5k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), and Dairy products and birds' eggs (NOK0).

Growth In February 2024, the decrease in Norway's year-by-year exports to Gibraltar was explained primarily by an decrease in product exports in Electrical machinery, apparatus and appliances, n.e.s.,... (NOK-360k or -50.7%), Machinery specialized for particular industries (NOK-31k or -5.43%), and Manufactures of metals, n.e.s. (NOK-26k or -26%). In February 2024, the decrease in Norway's year-by-year imports  from Gibraltar was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (February 2023 - February 2024)NOK-3.91M(-73.1%)
IMPORT GROWTH (February 2023 - February 2024)NOK-192k(-22%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Gibraltar and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $2.62M to Gibraltar. The main products exported from Norway to Gibraltar were Excavation Machinery ($644k), Machinery Having Individual Functions ($374k), and Engine Parts ($141k). During the last 27 years the exports of Norway to Gibraltar have increased at an annualized rate of 6.63%, from $462k in 1995 to $2.62M in 2022.

In 2022, Gibraltar exported $517k to Norway. The main products exported from Gibraltar to Norway were Other Sea Vessels ($260k), Additive manufacturing machines ($106k), and Excavation Machinery ($48.3k). During the last 27 years the exports of Gibraltar to Norway have increased at an annualized rate of 23.7%, from $1.64k in 1995 to $517k in 2022.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Gibraltar
Top DestinationIreland$81.4M

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

In 2021, countries that imported more from Norway than Gibraltar were Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

In 2021, countries that imported more from Gibraltar than Norway were Cape Verde ($12.5M).

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

Comparative Advantage Norway - Gibraltar

Flow
Scale

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

During 2022, Norway had a large net trade with Gibraltar in the exports of Machines ($1.89M), Instruments ($495k), and Metals ($148k).

During 2022, Gibraltar had a large net trade with Norway in the exports of Transportation ($281k), Machines ($200k), and Miscellaneous ($16.5k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Norway has comparative advantage over Gibraltar. Similarly, the more yellow a dot/product is, the more Gibraltar has comparative advantage over Norway.

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

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