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2022
Flag → Flag
Exports $4.17MRnk 128 / 209
2022
Flag → Flag
Top Product $3.11MPetroleum Gas
2022
Flag → Flag
Exports $7.27kRnk 53 / 92
2022
Flag → Flag
Top Product $6.24kComputers
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC $106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186
2022
Flag
GDP PC$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186

About

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.

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.

Comparison In 2022,  Norway ranked 43 in the Economic Complexity Index (ECI 0.54),  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

October, 2024

About

Overview In October 2024, Norway exported NOK2.78M and imported NOK0 from Gambia, resulting in a positive trade balance of NOK2.78M. Between October 2023 and October 2024 the exports of Norway have increased by NOK412k (17.4%) from NOK2.37M to NOK2.78M, while imports decreased by NOK-15k (-100%) from NOK15k to NOK0.

Trade In October 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 October 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 October 2024, the increase in Norway's year-by-year exports to Gambia was explained primarily by an increase in product exports in Cork and wood manufactures (excluding furniture) (NOK14k or 467%), Rubber manufactures, n.e.s. (NOK5k or 55.6%), and Miscellaneous manufactured articles, n.e.s. (NOK4k or 50%). In October 2024, the decrease in Norway's year-by-year imports  from Gambia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)NOK412k(17.4%)
IMPORT GROWTH (October 2023 - October 2024)NOK-15k(-100%)

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.

For full datasets download visit Bulk Download page.

Explore Gambia and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

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 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 2017, 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 2022 to $7.27k in 2017.

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

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

Market Competitiveness

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

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

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

Comparative Advantage Norway - Gambia

Flow
Scale

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 2017, Gambia had a large net trade with Norway in the exports of Machines ($6.24k), Textiles ($549), and Animal Products ($374).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Gambia+$640kPetroleum Gas
Top Product Potential Gambia Norway+$15kComputers

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 Norway and Gambia. This means that a dot/product with the flag of Norway indicates it has a comparative advantage over Gambia. Similarly, a dot/product with the flag of Gambia indicates it has a comparative advantage over Norway.

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

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