2023
Flag  
GDP
$3.38TCURRENT US$
Rnk 6 / 195
2013-2023
Flag
GDP GROWTH
21.4%CURRENT US$
Rnk 136 / 195
2023
Flag
 GDP
$2.4BCURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC 
$49,464CURRENT US$
Rnk 26 / 195
2013-2023
Flag
GDP PC GROWTH
13.9%CURRENT US$
Rnk 124 / 195
2023
Flag
GDP PC
$888CURRENT US$
Rnk 181 / 196
2013-2023
Flag
GDP PC GROWTH
35.8%CURRENT US$
Rnk 68 / 195

About

United Kingdom-Gambia Trade: In 2023, United Kingdom exported $50.9M to Gambia. The main products that United Kingdom exported to Gambia were Refined Petroleum ($7.21M), Other Furniture ($5.3M), and Plastic Housewares ($3.71M). Over the past 5 years the exports of United Kingdom to Gambia have decreased at an annualized rate of 13.7%, from $106M in 2018 to $50.9M in 2023.

In 2023, United Kingdom did not export any services to Gambia.

Gambia-United Kingdom Trade: In 2023, Gambia exported $4.06M to United Kingdom. The main products that Gambia exported to United Kingdom were Other Vegetables ($1.47M), Tropical Fruits ($1.26M), and Legumes ($851k). Over the past 5 years the exports of Gambia to United Kingdom have increased at an annualized rate of 2.65%,  from $3.56M in 2018 to $4.06M in 2023.

In 2023, Gambia did not export any services to United Kingdom.

Comparison In 2023,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.5),  and 14 in total exports ($429B). 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
Value

In 2023, United Kingdom exported $50.9M to Gambia. The main products exported from United Kingdom to Gambia were Refined Petroleum ($7.21M), Other Furniture ($5.3M), and Plastic Housewares ($3.71M). During the last 5 years the exports of United Kingdom to Gambia have decreased at an annualized rate of 13.7%, from $106M in 2018 to $50.9M in 2023.

In 2018, Gambia exported $4.06M to United Kingdom. The main products exported from Gambia to United Kingdom were Other Vegetables ($1.47M), Tropical Fruits ($1.26M), and Legumes ($851k). During the last 5 years the exports of Gambia to United Kingdom have increased at an annualized rate of 2.65%, from $3.56M in 2023 to $4.06M in 2018.

Exports from United Kingdom (Flag) to Gambia (Flag) (2023)

Exports from Gambia (Flag) to United Kingdom (Flag) (2023)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$59.7B
Gambia
Top Destination
Kazakhstan$2.91B

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

In 2023, countries that imported more from United Kingdom than Gambia included United States ($59.7B), China ($35.3B), and Germany ($34.6B).

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

Difference in imports from Gambia (Flag) and United Kingdom (Flag) (2023)

Comparative Advantage United Kingdom - Gambia

Flow
Scale

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

During 2023, United Kingdom had a large net trade with Gambia in the exports of Machines ($9.34M), Mineral Products ($7.4M), and Miscellaneous ($6.89M).

During 2018, Gambia had a large net trade with United Kingdom in the exports of Vegetable Products ($3.61M), Animal Products ($233k), and Textiles ($133k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Gambia+$1.53MCars
Top Product Potential Gambia United Kingdom+$380kOther Vegetables

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

Product Space of United Kingdom (Flag) and Gambia (Flag) (2023)

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