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

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Gambia-Bangladesh Trade: In 2022, Gambia exported $22.9k to Bangladesh. The main products that Gambia exported to Bangladesh were N/A. Over the past 11 years the exports of Gambia to Bangladesh have increased at an annualized rate of 12.2%, from $6.45k in 2011 to $22.9k in 2022.

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

Bangladesh-Gambia Trade: In 2022, 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 11 years the exports of Bangladesh to Gambia have increased at an annualized rate of 21%, from $43k in 2011 to $620k in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gambia exported $22.9k to Bangladesh. There were not main exports from Gambia to Bangladesh in 2022. During the last 11 years the exports of Gambia to Bangladesh have increased at an annualized rate of 12.2%, from $6.45k in 2011 to $22.9k in 2022.

In 2018, 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 21%, from $43k in 2023 to $620k in 2018.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Bangladesh
Top DestinationUnited States$8.58B

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

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

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

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

Comparative Advantage Gambia - Bangladesh

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gambia had a large net trade with Bangladesh in the exports of .

During 2018, 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 Gambia Bangladesh+$2.68kScrap Iron

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

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Gambia - Bangladesh

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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