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

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.

Gibraltar-Norway Trade: In 2022, Gibraltar exported $517k to Norway. The main products that Gibraltar exported to Norway were Other Sea Vessels ($260k), Additive manufacturing machines ($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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $2.62M in 2022.

In 2017, Gibraltar exported $517k to Norway. The main products exported from Gibraltar to Norway were Other Sea Vessels ($260k), Additive manufacturing machines ($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 2022 to $517k in 2017.

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

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

Market Competitiveness

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

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

Comparative Advantage Norway - Gibraltar

Flow
Scale

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

During 2022, Norway had a large net trade with Gibraltar in the exports of Machines ($1.89M), Instruments ($495k), and Metals ($148k).

During 2017, Gibraltar had a large net trade with Norway in the exports of Transportation ($281k), Machines ($200k), and Miscellaneous ($16.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Gibraltar+N/AN/A
Top Product Potential Gibraltar Norway+N/AN/A

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Economic Complexity

Competitive Landscape

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

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

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