2022
Flag  
GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 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
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

Norway-Gambia Trade: In 2022, Norway exported $4.17M to Gambia. The main products that Norway exported to Gambia were Petroleum Gas ($3.11M), Cars ($444k), and X-Ray Equipment ($142k). Over the past 5 years the exports of Norway to Gambia have increased at an annualized rate of 36.6%, from $879k in 2017 to $4.17M in 2022.

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

Gambia-Norway Trade: In 2022, Gambia exported $7.27k to Norway. The main products that Gambia exported to Norway were Computers ($6.24k), Other Cloth Articles ($377), and Non-fillet Frozen Fish ($374). Over the past 5 years the exports of Gambia to Norway have decreased at an annualized rate of 3.71%,  from $10.6k in 2017 to $7.27k in 2022.

In 2022, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $4.17M to Gambia. The main products exported from Norway to Gambia were Petroleum Gas ($3.11M), Cars ($444k), and X-Ray Equipment ($142k). During the last 5 years the exports of Norway to Gambia have increased at an annualized rate of 36.6%, from $879k in 2017 to $4.17M in 2022.

In 2017, Gambia exported $7.27k to Norway. The main products exported from Gambia to Norway were Computers ($6.24k), Other Cloth Articles ($377), and Non-fillet Frozen Fish ($374). During the last 5 years the exports of Gambia to Norway have decreased at an annualized rate of 3.71%, from $10.6k in 2022 to $7.27k in 2017.

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

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

Market Competitiveness

Color
Norway
Top Destination
Germany$78.1B
Gambia
Top Destination
India$52.9M

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

In 2022, no countries were registered that imported more from Gambia than from Norway.

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

Comparative Advantage Norway - Gambia

Flow
Scale

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

During 2022, Norway had a large net trade with Gambia in the exports of Mineral Products ($3.11M), Transportation ($578k), and Machines ($159k).

During 2017, Gambia had a large net trade with Norway in the exports of Machines ($6.24k), Textiles ($549), and Animal Products ($374).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Gambia+$640kPetroleum Gas
Top Product Potential Gambia Norway+$15kComputers

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with