2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Gibraltar-Norway Trade: In 2023, Gibraltar exported $363k to Norway. The main products that Gibraltar exported to Norway were Boat Propellers ($123k), Other Engines ($96.5k), and Other Measuring Instruments ($38.6k). Over the past 5 years the exports of Gibraltar to Norway have decreased at an annualized rate of 25.4%, from $1.57M in 2018 to $363k in 2023.

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

Norway-Gibraltar Trade: In 2023, Norway exported $40.5M to Gibraltar. The main products that Norway exported to Gibraltar were Petroleum Gas ($37.9M), Boat Propellers ($676k), and Engine Parts ($635k). Over the past 5 years the exports of Norway to Gibraltar have decreased at an annualized rate of 0.83%,  from $42.2M in 2018 to $40.5M in 2023.

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

Comparison In 2023,  Gibraltar ranked 177 in total exports ($296M), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gibraltar exported $363k to Norway. The main products exported from Gibraltar to Norway were Boat Propellers ($123k), Other Engines ($96.5k), and Other Measuring Instruments ($38.6k). During the last 5 years the exports of Gibraltar to Norway have decreased at an annualized rate of 25.4%, from $1.57M in 2018 to $363k in 2023.

In 2018, Norway exported $40.5M to Gibraltar. The main products exported from Norway to Gibraltar were Petroleum Gas ($37.9M), Boat Propellers ($676k), and Engine Parts ($635k). During the last 5 years the exports of Norway to Gibraltar have decreased at an annualized rate of 0.83%, from $42.2M in 2023 to $40.5M in 2018.

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

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

Latest Data

Trade between Gibraltar (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Netherlands$113M
Norway
Top Destination
Germany$33.8B

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

In 2023, countries that imported more from Gibraltar than Norway included Madagascar ($137k).

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

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

Comparative Advantage Gibraltar - Norway

Flow
Scale

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

During 2023, Gibraltar had a large net trade with Norway in the exports of Machines ($272k), Metals ($46.1k), and Instruments ($38.6k).

During 2018, Norway had a large net trade with Gibraltar in the exports of Mineral Products ($37.9M), Machines ($2.15M), and Instruments ($253k).

Economic Complexity

Competitive Landscape

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

Product Space of Gibraltar (Flag) and Norway (Flag) (2023)

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