Bangladesh (BGD) and Gambia (GMB) Trade | The Observatory of Economic Complexity

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Bangladesh-Gambia Trade: In 2023, Bangladesh exported $620k to Gambia. The main products that Bangladesh exported to Gambia were Knit Women's Suits ($543k), Packing Bags ($16.8k), and Fruit Juice ($15.3k). Over the past 5 years the exports of Bangladesh to Gambia have increased at an annualized rate of 70.5%, from $43k in 2018 to $620k in 2023.

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

Gambia-Bangladesh In N/A, Gambia did not export any products to Bangladesh.

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

Comparison In 2023, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Gambia ranked 138 in total exports ($3.16B), 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 2023, Bangladesh exported $620k to Gambia. The main products exported from Bangladesh to Gambia were Knit Women's Suits ($543k), Packing Bags ($16.8k), and Fruit Juice ($15.3k). During the last 5 years the exports of Bangladesh to Gambia have increased at an annualized rate of 70.5%, from $43k in 2018 to $620k in 2023.

Gambia does not register exports to Bangladesh.

Exports from Bangladesh () to Gambia () (2023)

Exports from Gambia () to Bangladesh () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Gambia
Top DestinationKazakhstan$2.91B

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

In 2023, countries that imported more from Bangladesh than Gambia included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

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

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

Comparative Advantage Bangladesh - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bangladesh had a large net trade with Gambia in the exports of Textiles ($569k) and Foodstuffs ($51.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Gambia+$1.82kKnit T-shirts

Top Product Potential Gambia Bangladesh+$2.68kScrap Iron

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Gambia () (2023)

Exports from Gambia () to Bangladesh () (2023)

Market Competitiveness

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

Comparative Advantage Bangladesh - Gambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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