2022
Flag  
GDP
$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH
30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
 GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC 
$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH
12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

Ecuador-Gambia Trade: In 2021, Ecuador exported $6.89k to Gambia. The main products that Ecuador exported to Gambia were N/A. Over the past 22 years the exports of Ecuador to Gambia have decreased at an annualized rate of 5.43%, from $23.5k in 1999 to $6.89k in 2021.

In 2021, Ecuador did not export any services to Gambia.

Gambia-Ecuador Trade: In 2021, Gambia exported $16.5k to Ecuador. The main products that Gambia exported to Ecuador were Motor vehicles; parts and accessories (8701 to 8705) ($16.5k). Over the past 22 years the exports of Gambia to Ecuador have increased at an annualized rate of 1.97%,  from $15k in 1999 to $16.5k in 2021.

In 2021, Gambia did not export any services to Ecuador.

Comparison In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96),  and 68 in total exports ($36B). 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
Value

In 2021, Ecuador exported $6.89k to Gambia. There were not main exports from Ecuador to Gambia in 2021. During the last 22 years the exports of Ecuador to Gambia have decreased at an annualized rate of 5.43%, from $23.5k in 1999 to $6.89k in 2021.

In 2017, Gambia exported $16.5k to Ecuador. The main products exported from Gambia to Ecuador were Motor vehicles; parts and accessories (8701 to 8705) ($16.5k). During the last 5 years the exports of Gambia to Ecuador have increased at an annualized rate of 1.97%, from $15k in 2022 to $16.5k in 2017.

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

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

Market Competitiveness

Color
Ecuador
Top Destination
United States$9.86B
Gambia
Top Destination
India$52.9M

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

In 2022, countries that imported more from Ecuador than Gambia included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from Gambia than Ecuador included Pakistan ($3.69M), Guyana ($1.73M), and Senegal ($3.46M).

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

Comparative Advantage Ecuador - Gambia

Flow
Scale

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

During 2021, Ecuador had a large net trade with Gambia in the exports of .

During 2017, Gambia had a large net trade with Ecuador in the exports of Transportation ($16.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Gambia+$1.67kRefined Petroleum
Top Product Potential Gambia Ecuador+$1.56kRefined Petroleum

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

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

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