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2022
Flag → Flag
Exports $17MRnk 98 / 209
2022
Flag → Flag
Top Product $3.03MArtificial Graphite
2022
Flag → Flag
Exports $168MRnk 11 / 118
2022
Flag → Flag
Top Product $168MManganese Ore
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 112 / 133
2022
Flag  
GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 186
2022
Flag
 GDP$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH22.7%CURRENT US$
Rnk 114 / 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$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH-5.65%CURRENT US$
Rnk 156 / 186

About

Norway-Gabon Trade: In 2022, Norway exported $17M to Gabon. The main products that Norway exported to Gabon were Artificial Graphite ($3.03M), Other Iron Products ($2.7M), and Fish: dried, salted, smoked or in brine ($2.18M). Over the past 5 years the exports of Norway to Gabon have decreased at an annualized rate of 40.7%, from $231M in 2017 to $17M in 2022.

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

Gabon-Norway Trade: In 2022, Gabon exported $168M to Norway. The main products that Gabon exported to Norway were Manganese Ore ($168M), Surveying Equipment ($15.6k), and Centrifuges ($14.4k). Over the past 5 years the exports of Gabon to Norway have increased at an annualized rate of 0.93%,  from $161M in 2017 to $168M in 2022.

In 2022, Gabon 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, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Latest Trends

July, 2024

About

Overview In July 2024, Norway exported NOK13.3M and imported NOK191M from Gabon, resulting in a negative trade balance of NOK178M. Between July 2023 and July 2024 the exports of Norway have increased by NOK5.32M (66.2%) from NOK8.03M to NOK13.3M, while imports increased by NOK62.9M (49%) from NOK128M to NOK191M.

Trade In July 2024, the top exports of Norway to Gabon were Fish (not marine mammals), crustaceans, molluscs... (NOK4.36M), Professional, scientific and controlling instruments and... (NOK2.53M), Chemical materials and products, n.e.s. (NOK1.72M), Manufactures of metals, n.e.s. (NOK577k), and Power-generating machinery and equipment (NOK231k). In July 2024 the top imports of Norway from Gabon were Metalliferous ores and metal scrap (NOK17M), Professional, scientific and controlling instruments and... (NOK138k), Office machines and automatic data-processing machines (NOK2k), Medicinal and pharmaceutical products (NOK1k), and Live animals other than animals of... (NOK0).

Growth In July 2024, the increase in Norway's year-by-year exports to Gabon was explained primarily by an increase in product exports in Professional, scientific and controlling instruments and... (NOK2.51M or 17.9k%), Chemical materials and products, n.e.s. (NOK1.34M or 361%), and Manufactures of metals, n.e.s. (NOK214k or 59%). In July 2024, the increase in Norway's year-by-year imports  from Gabon was explained primarily by an increase in product imports  in Professional, scientific and controlling instruments and... (NOK49k or 55.1%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (July 2023 - July 2024)NOK5.32M(66.2%)
IMPORT GROWTH (July 2023 - July 2024)NOK62.9M(49%)

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 Gabon and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gabon and Norway Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Norway exported $17M to Gabon. The main products exported from Norway to Gabon were Artificial Graphite ($3.03M), Other Iron Products ($2.7M), and Fish: dried, salted, smoked or in brine ($2.18M). During the last 5 years the exports of Norway to Gabon have decreased at an annualized rate of 40.7%, from $231M in 2017 to $17M in 2022.

In 2017, Gabon exported $168M to Norway. The main products exported from Gabon to Norway were Manganese Ore ($168M), Surveying Equipment ($15.6k), and Centrifuges ($14.4k). During the last 5 years the exports of Gabon to Norway have increased at an annualized rate of 0.93%, from $161M in 2022 to $168M in 2017.

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

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

Market Competitiveness

Color
Norway
Top DestinationGermany$78.1B
Gabon
Top DestinationChina$3.4B

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

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

In 2022, countries that imported more from Gabon than Norway included Indonesia ($394M), Malaysia ($299M), and Georgia ($26M).

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

Comparative Advantage Norway - Gabon

Flow
Scale

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

During 2022, Norway had a large net trade with Gabon in the exports of Metals ($8.97M), Animal Products ($3.36M), and Chemical Products ($3.03M).

During 2017, Gabon had a large net trade with Norway in the exports of Mineral Products ($168M), Machines ($17.7k), and Instruments ($17.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Gabon+$263kNon-fillet Frozen Fish
Top Product Potential Gabon Norway+$97.2kSawn Wood

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

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

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