Gambia (GMB) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Gambia-Australia Trade: In 2023, Gambia exported $29.6k to Australia. The main products that Gambia exported to Australia were Washing and Bottling Machines ($16.4k), Nonaqueous Paints ($6.26k), and Aircraft parts (gliders, balloons, and powered aircraft) ($2.49k). Over the past 5 years the exports of Gambia to Australia have decreased at an annualized rate of 3.64%, from $35.6k in 2018 to $29.6k in 2023.

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

Australia-Gambia Trade: In 2023, Australia exported $126k to Gambia. The main products that Australia exported to Gambia were Cars ($28.4k), Video Displays ($19k), and Kraft Paper ($17.1k). Over the past 5 years the exports of Australia to Gambia have increased at an annualized rate of 22.2%, from $46.1k in 2018 to $126k in 2023.

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

Comparison In 2023, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index. That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gambia exported $29.6k to Australia. The main products exported from Gambia to Australia were Washing and Bottling Machines ($16.4k), Nonaqueous Paints ($6.26k), and Aircraft parts (gliders, balloons, and powered aircraft) ($2.49k). During the last 5 years the exports of Gambia to Australia have decreased at an annualized rate of 3.64%, from $35.6k in 2018 to $29.6k in 2023.

In 2018, Australia exported $126k to Gambia. The main products exported from Australia to Gambia were Cars ($28.4k), Video Displays ($19k), and Kraft Paper ($17.1k). During the last 5 years the exports of Australia to Gambia have increased at an annualized rate of 22.2%, from $46.1k in 2023 to $126k in 2018.

Exports from Gambia () to Australia () (2023)

Exports from Australia () to Gambia () (2023)

Latest Data

Trade between Gambia () and Australia ()

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Australia
Top DestinationChina$137B

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

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

In 2023, countries that imported more from Australia than Gambia included China ($137B), Japan ($59B), and South Korea ($20.9B).

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

Comparative Advantage Gambia - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gambia had a large net trade with Australia in the exports of Machines ($20.8k), Chemical Products ($6.26k), and Transportation ($2.49k).

During 2018, Australia had a large net trade with Gambia in the exports of Machines ($37.5k), Transportation ($37.5k), and Paper Goods ($18.8k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Australia+$11.7kWashing and Bottling Machines

Top Product Potential Australia Gambia+$32.2kComputers

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

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Australia () (2023)

Exports from Australia () to Gambia () (2023)

Latest Data

Trade between Gambia () and Australia ()

Australia Exports

Market Competitiveness

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

Comparative Advantage Gambia - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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