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

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 7.28%, from $10.6k in 2017 to $7.27k in 2022.

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

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.

Comparison In 2022,  Gambia ranked 193 in total exports ($170M), 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, 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 7.28%, from $10.6k in 2017 to $7.27k in 2022.

In 2017, 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 2022 to $4.17M in 2017.

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

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

Latest Data

Trade between Gambia (Flag) and Norway (Flag)

Gambia Exports

Date

Norway Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Gambia - Norway

Flow
Scale

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

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

During 2017, Norway had a large net trade with Gambia in the exports of Mineral Products ($3.11M), Transportation ($578k), and Machines ($159k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gambia Norway+$15kComputers
Top Product Potential Norway Gambia+N/AN/A

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.

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Economic Complexity

Competitive Landscape

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

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

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