Gambia (GMB) and Finland (FIN) Trade | The Observatory of Economic Complexity

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Gambia-Finland Trade: In 2022, Gambia exported $1.86k to Finland. The main products that Gambia exported to Finland were Glands and Other Organs ($1.2k), Broadcasting Equipment ($316), and Beauty Products ($168). Over the past 5 years the exports of Gambia to Finland have decreased at an annualized rate of 45.2%, from $37.5k in 2017 to $1.86k in 2022.

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

Finland-Gambia Trade: In 2022, Finland exported $679k to Gambia. The main products that Finland exported to Gambia were Cars ($214k), Surveying Equipment ($46.8k), and Used Clothing ($31.4k). Over the past 5 years the exports of Finland to Gambia have decreased at an annualized rate of 27%, from $3.27M in 2017 to $679k in 2022.

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

Comparison In 2022, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index. That same year, Finland ranked 13 in the Economic Complexity Index (ECI 1.41), and 46 in total exports ($89.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gambia exported $1.86k to Finland. The main products exported from Gambia to Finland were Glands and Other Organs ($1.2k), Broadcasting Equipment ($316), and Beauty Products ($168). During the last 5 years the exports of Gambia to Finland have decreased at an annualized rate of 45.2%, from $37.5k in 2017 to $1.86k in 2022.

In 2017, Finland exported $679k to Gambia. The main products exported from Finland to Gambia were Cars ($214k), Surveying Equipment ($46.8k), and Used Clothing ($31.4k). During the last 5 years the exports of Finland to Gambia have decreased at an annualized rate of 27%, from $3.27M in 2022 to $679k in 2017.

Exports from Gambia () to Finland () (2022)

Exports from Finland () to Gambia () (2022)

Latest Data

Trade between Gambia () and Finland ()

Gambia Exports

Date

Finland Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationIndia$52.9M

Finland
Top DestinationGermany$9.99B

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

In 2022, no countries were registered that imported more from Gambia than from Finland.

In 2022, countries that imported more from Finland than Gambia included Germany ($9.99B), United States ($9.17B), and Sweden ($9.1B).

Difference in imports from Finland () and Gambia () (2022)

Comparative Advantage Gambia - Finland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gambia had a large net trade with Finland in the exports of Chemical Products ($1.37k), Machines ($316), and Foodstuffs ($79).

During 2017, Finland had a large net trade with Gambia in the exports of Transportation ($268k), Machines ($105k), and Wood Products ($72.5k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Finland+$2.45kTelephones

Top Product Potential Finland Gambia+$245kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Finland () (2022)

Exports from Finland () to Gambia () (2022)

Latest Data

Trade between Gambia () and Finland ()

Gambia Exports

Finland Exports

Market Competitiveness

Difference in imports from Finland () and Gambia () (2022)

Comparative Advantage Gambia - Finland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gambia () and Finland () (2022)

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