Gambia (GMB) and Ecuador (ECU) Trade | The Observatory of Economic Complexity

About

Gambia-Ecuador Trade: In 2022, Gambia exported $16.5k to Ecuador. The main products that Gambia exported to Ecuador were N/A. Over the past 5 years the exports of Gambia to Ecuador have increased at an annualized rate of 2.04%, from $15k in 2017 to $16.5k in 2022.

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

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

In 2022, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gambia exported $16.5k to Ecuador. There were not main exports from Gambia to Ecuador in 2022. During the last 5 years the exports of Gambia to Ecuador have increased at an annualized rate of 2.04%, from $15k in 2017 to $16.5k in 2022.

Ecuador does not register exports to Gambia. The main products exported from Ecuador to Gambia were Laboratory Glassware ($5.55k), Used Rubber Tires ($755), and Motor vehicles; parts and accessories (8701 to 8705) ($83).

Exports from Gambia () to Ecuador () (2023)

Exports from Ecuador () to Gambia () (2023)

Latest Data

Trade between Gambia () and Ecuador ()

Ecuador Exports

Date

Oct 2020

Mar 2016

May 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Ecuador
Top DestinationUnited States$8.34B

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

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

In 2023, countries that imported more from Ecuador than Gambia included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

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

Comparative Advantage Gambia - Ecuador

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Ecuador+$1.56kRefined Petroleum

Top Product Potential Ecuador Gambia+$1.67kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Ecuador () (2023)

Exports from Ecuador () to Gambia () (2023)

Latest Data

Trade between Gambia () and Ecuador ()

Ecuador Exports

Market Competitiveness

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

Comparative Advantage Gambia - Ecuador

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

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

Keep Exploring