Norway (NOR) and Gambia (GMB) Trade | OEC - The Observatory of Economic Complexity

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Norway-Gambia In 2021, Norway exported $4.46M to Gambia. The main products that Norway exported to Gambia are Petroleum Gas ($2.72M), Cars ($786k), and X-Ray Equipment ($168k). During the last 26 years the exports of Norway to Gambia have increased at an annualized rate of 11.9%, from $242k in 1995 to $4.46M in 2021.

In 2021, Norway did not export any services to Gambia.

Gambia-Norway In 2021, Gambia exported $2.33k to Norway. The main products that Gambia exported to Norway were Imitation Jewellery ($1.01k), Knit Men's Coats ($397), and Perfumes ($371). During the last 26 years the exports of Gambia to Norway have decreased at an annualized rate of 6.4%, from $13k in 1995 to $2.33k in 2021.

In 2021, Gambia did not export any services to Norway.

Comparison In 2021, Norway ranked 38 in the Economic Complexity Index (ECI 0.69), and 33 in total exports ($164B). That same year, Gambia ranked 190 in total exports ($153M), and does not have data regarding Economic Complexity Index.

Latest Trends

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June, 2023

About

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Overview In June 2023, Norway exported NOK1.03M and imported NOK0 from Gambia, resulting in a positive trade balance of NOK1.03M. Between June 2022 and June 2023 the exports of Norway have increased by NOK278k (36.8%) from NOK755k to NOK1.03M, while imports remained the same by NOK0 (N/A%) from NOK0 to NOK0.

Trade In June 2023, the top exports of Norway to Gambia were Road vehicles (including air-cushion vehicles) (NOK257k), Power-generating machinery and equipment (NOK68k), Furniture, and parts thereof; bedding, mattresses,... (NOK46k), Machinery specialized for particular industries (NOK14k), and Telecommunications and sound-recording and reproducing apparatus... (NOK12k). In June 2023 the top imports of Norway from Gambia were Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), Fish (not marine mammals), crustaceans, molluscs... (NOK0), and Cereals and cereal preparations (NOK0).

Growth In June 2023, the increase in Norway's year-by-year exports to Gambia was explained primarily by an increase in product exports in Power-generating machinery and equipment (NOK6k or 9.68%). In June 2023, the change in Norway's year-by-year imports from Gambia was explained primarily by an decrease in product imports in Articles of apparel and clothing accessories (NOK-3k or -100%).

Latest Trade

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Flow

Time Scale

Value

EXPORT GROWTH (June 2022 - June 2023): NOK278k, (36.8%)

IMPORT GROWTH (June 2022 - June 2023): NOK0, (N/A%)

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 Gambia and Norway trade dynamics, check the bilateral page.

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Historical Data

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Bilateral Trade by Products

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Depth

Value

Year

In 2021, Norway exported $4.46M to Gambia. The main products exported from Norway to Gambia were Petroleum Gas ($2.72M), Cars ($786k), and X-Ray Equipment ($168k). During the last 26 years the exports of Norway to Gambia have increased at an annualized rate of 11.9%, from $242k in 1995 to $4.46M in 2021.

In 2021, Gambia exported $2.33k to Norway. The main products exported from Gambia to Norway were Imitation Jewellery ($1.01k), Knit Men's Coats ($397), and Perfumes ($371). During the last 26 years the exports of Gambia to Norway have decreased at an annualized rate of 6.4%, from $13k in 1995 to $2.33k in 2021.

Market Competitiveness

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Color

SectionYear

Norway
Top Destination: United Kingdom, $33.5B

Gambia
Top Destination: China, $47.2M

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

In 2021, countries that imported more from Norway than Gambia were United Kingdom ($33.5B), Germany ($31.5B), and Sweden ($13.7B).

In 2021, countries that imported more from Gambia than Norway were Mali ($11.8M) and Guinea-Bissau ($1.18M).

Comparative Advantage Norway - Gambia

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Flow

Scale

Year

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

During 2021, Norway had a large net trade with Gambia in the exports of Mineral Products ($2.72M), Transportation ($973k), and Instruments ($223k).

During 2021, Gambia had a large net trade with Norway in the exports of Precious Metals ($1.01k), Textiles ($397), and Chemical Products ($371).

Economic Complexity

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Competitive Landscape

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Year

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 Gambia. Similarly, the more yellow a dot/product is, the more Gambia has comparative advantage over Norway.

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Latest Trends

About

Latest Trade

Historical Data

Bilateral Trade by Products

Market Competitiveness

Comparative Advantage Norway - Gambia

Economic Complexity

Competitive Landscape

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