Austria (AUT) and Gambia (GMB) Trade | The Observatory of Economic Complexity

About

Austria-Gambia Trade: In 2022, Austria exported $4.98M to Gambia. The main products that Austria exported to Gambia were Light Pure Woven Cotton ($4.11M), Centrifuges ($453k), and Machinery Having Individual Functions ($227k). Over the past 5 years the exports of Austria to Gambia have increased at an annualized rate of 45.4%, from $767k in 2017 to $4.98M in 2022.

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

Gambia-Austria Trade: In 2022, Gambia exported $822 to Austria. The main products that Gambia exported to Austria were Brooms ($280), Fake Hair ($235), and Coconuts, Brazil Nuts, and Cashews ($199). Over the past 5 years the exports of Gambia to Austria have decreased at an annualized rate of 37%, from $20.8k in 2017 to $822 in 2022.

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

Comparison In 2022, Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Austria exported $4.98M to Gambia. The main products exported from Austria to Gambia were Light Pure Woven Cotton ($4.11M), Centrifuges ($453k), and Machinery Having Individual Functions ($227k). During the last 5 years the exports of Austria to Gambia have increased at an annualized rate of 45.4%, from $767k in 2017 to $4.98M in 2022.

In 2017, Gambia exported $822 to Austria. The main products exported from Gambia to Austria were Brooms ($280), Fake Hair ($235), and Coconuts, Brazil Nuts, and Cashews ($199). During the last 5 years the exports of Gambia to Austria have decreased at an annualized rate of 37%, from $20.8k in 2022 to $822 in 2017.

Exports from Austria () to Gambia () (2022)

Exports from Gambia () to Austria () (2022)

Latest Data

Trade between Austria () and Gambia ()

Austria Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Austria
Top DestinationGermany$57.7B

Gambia
Top DestinationIndia$52.9M

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

In 2022, countries that imported more from Austria than Gambia included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

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

Difference in imports from Gambia () and Austria () (2022)

Comparative Advantage Austria - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Austria had a large net trade with Gambia in the exports of Textiles ($4.2M), Machines ($700k), and Foodstuffs ($61.6k).

During 2017, Gambia had a large net trade with Austria in the exports of Miscellaneous ($280), Footwear and Headwear ($235), and Vegetable Products ($199).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Austria Gambia+$83.5kFlavored Water

Top Product Potential Gambia Austria+$3.5kCoconuts, Brazil Nuts, and Cashews

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

About

Historical Data

Bilateral Trade by Products

Exports from Austria () to Gambia () (2022)

Exports from Gambia () to Austria () (2022)

Latest Data

Trade between Austria () and Gambia ()

Austria Exports

Market Competitiveness

Difference in imports from Gambia () and Austria () (2022)

Comparative Advantage Austria - Gambia

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 Austria () and Gambia () (2022)

Keep Exploring