2022
Flag
 GDP
$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH
13%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH
3.89%CURRENT US$
Rnk 131 / 186

About

Gibraltar-Norway Trade: In 2022, Gibraltar exported $517k to Norway. The main products that Gibraltar exported to Norway were Other Sea Vessels ($260k), Boat Propellers ($106k), and Excavation Machinery ($48.3k). Over the past 5 years the exports of Gibraltar to Norway have increased at an annualized rate of 70%, from $36.4k in 2017 to $517k in 2022.

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

Norway-Gibraltar Trade: In 2022, Norway exported $2.62M to Gibraltar. The main products that Norway exported to Gibraltar were Excavation Machinery ($644k), Machinery Having Individual Functions ($374k), and Engine Parts ($141k). Over the past 5 years the exports of Norway to Gibraltar have decreased at an annualized rate of 29.8%,  from $15.4M in 2017 to $2.62M in 2022.

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

Comparison In 2022,  Gibraltar ranked 173 in total exports ($411M), and does not have data regarding Economic Complexity Index. That same year, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gibraltar exported $517k to Norway. The main products exported from Gibraltar to Norway were Other Sea Vessels ($260k), Boat Propellers ($106k), and Excavation Machinery ($48.3k). During the last 5 years the exports of Gibraltar to Norway have increased at an annualized rate of 70%, from $36.4k in 2017 to $517k in 2022.

In 2017, 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 5 years the exports of Norway to Gibraltar have decreased at an annualized rate of 29.8%, from $15.4M in 2022 to $2.62M in 2017.

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

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

Latest Data

Trade between Gibraltar (Flag) and Norway (Flag)

Norway Exports

Market Competitiveness

Color
Gibraltar
Top Destination
Ireland$81.4M
Norway
Top Destination
Germany$78.1B

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 2022, countries that imported more from Gibraltar than Norway included Cape Verde ($12.5M).

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

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

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

During 2017, Norway had a large net trade with Gibraltar in the exports of Machines ($1.89M), Instruments ($495k), and Metals ($148k).

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) (2022)

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