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

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Norway-Gambia In 2022, Norway exported $4.17M to Gambia. The main products that Norway exported to Gambia are Petroleum Gas ($3.11M), Cars ($444k), and X-Ray Equipment ($142k). During the last 27 years the exports of Norway to Gambia have increased at an annualized rate of 11.1%, from $243k in 1995 to $4.17M in 2022.

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

Gambia-Norway 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). During the last 27 years the exports of Gambia to Norway have decreased at an annualized rate of 2.31%, from $13.6k in 1995 to $7.27k in 2022.

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

Latest Trends

February, 2024

About

Overview In February 2024, Norway exported NOK312k and imported NOK0 from Gambia, resulting in a positive trade balance of NOK312k. Between February 2023 and February 2024 the exports of Norway have decreased by NOK-556k (-64.1%) from NOK868k to NOK312k, while imports remained the same by NOK0 (N/A%) from NOK0 to NOK0.

Trade In February 2024, the top exports of Norway to Gambia were Road vehicles (including air-cushion vehicles) (NOK182k), Non-metallic mineral manufactures, n.e.s. (NOK77k), Furniture, and parts thereof; bedding, mattresses,... (NOK23k), Cork and wood manufactures (excluding furniture) (NOK17k), and Power-generating machinery and equipment (NOK15k). In February 2024 the top imports of Norway from Gambia were Miscellaneous manufactured articles, n.e.s. (NOK3k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0).

Growth In February 2024, the decrease in Norway's year-by-year exports to Gambia was explained primarily by an decrease in product exports in Road vehicles (including air-cushion vehicles) (NOK-75k or -29.2%), Power-generating machinery and equipment (NOK-53k or -77.9%), and Furniture, and parts thereof; bedding, mattresses,... (NOK-23k or -50%). In February 2024, the change in Norway's year-by-year imports from Gambia was explained primarily by an decrease in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)NOK-556k(-64.1%)

IMPORT GROWTH (February 2023 - February 2024)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

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 27 years the exports of Norway to Gambia have increased at an annualized rate of 11.1%, from $243k in 1995 to $4.17M in 2022.

In 2022, 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 27 years the exports of Gambia to Norway have decreased at an annualized rate of 2.31%, from $13.6k in 1995 to $7.27k in 2022.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Norway
Top DestinationGermany$78.1B

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

In 2019, no countries were registered that imported more from Gambia than from Norway.

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

Comparative Advantage Norway - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 2022, Gambia had a large net trade with Norway in the exports of Machines ($6.24k), Textiles ($549), and Animal Products ($374).

Economic Complexity

Competitive Landscape

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

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Latest Trade

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Norway - Gambia

Economic Complexity

Competitive Landscape

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

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