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

About

Gambia-Norway Trade: In 2023, Gambia exported $103k to Norway. The main products that Gambia exported to Norway were Transmissions ($98.4k), Garments of Impregnated Fabric ($1.77k), and Broadcasting Equipment ($1.43k). Over the past 5 years the exports of Gambia to Norway have increased at an annualized rate of 17.1%, from $46.6k in 2018 to $103k in 2023.

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

Norway-Gambia Trade: In 2023, Norway exported $1.96M to Gambia. The main products that Norway exported to Gambia were Rubberworking Machinery ($590k), Cars ($561k), and Stone Working Machines ($116k). Over the past 5 years the exports of Norway to Gambia have increased at an annualized rate of 6.96%, from $1.4M in 2018 to $1.96M in 2023.

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

Comparison In 2023, Gambia ranked 138 in total exports ($3.16B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gambia exported $103k to Norway. The main products exported from Gambia to Norway were Transmissions ($98.4k), Garments of Impregnated Fabric ($1.77k), and Broadcasting Equipment ($1.43k). During the last 5 years the exports of Gambia to Norway have increased at an annualized rate of 17.1%, from $46.6k in 2018 to $103k in 2023.

In 2018, Norway exported $1.96M to Gambia. The main products exported from Norway to Gambia were Rubberworking Machinery ($590k), Cars ($561k), and Stone Working Machines ($116k). During the last 5 years the exports of Norway to Gambia have increased at an annualized rate of 6.96%, from $1.4M in 2023 to $1.96M in 2018.

Exports from Gambia () to Norway () (2023)

Exports from Norway () to Gambia () (2023)

Latest Data

Trade between Gambia () and Norway ()

Gambia Exports

Date

Mar 2019

Feb 2018

undefined

Norway Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Norway
Top DestinationGermany$33.8B

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 2023, countries that imported more from Gambia than Norway included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and Mali ($8.85M).

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

Difference in imports from Norway () and Gambia () (2023)

Comparative Advantage Gambia - Norway

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gambia had a large net trade with Norway in the exports of Machines ($100k), Textiles ($1.91k), and Precious Metals ($432).

During 2018, Norway had a large net trade with Gambia in the exports of Machines ($920k), Transportation ($751k), and Miscellaneous ($92.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Norway+$15kComputers

Top Product Potential Norway Gambia+$640kPetroleum Gas

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Norway () (2023)

Exports from Norway () to Gambia () (2023)

Latest Data

Trade between Gambia () and Norway ()

Gambia Exports

Norway Exports

Market Competitiveness

Difference in imports from Norway () and Gambia () (2023)

Comparative Advantage Gambia - Norway

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Gambia () and Norway () (2023)

Keep Exploring