Gambia (GMB) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Gambia-Hong Kong Trade: In 2023, Gambia exported $32k to Hong Kong. The main products that Gambia exported to Hong Kong were Broadcasting Equipment ($15.7k), Telephones ($12.3k), and Office Machine Parts ($3.99k). Over the past 6 years the exports of Gambia to Hong Kong have decreased at an annualized rate of 20.3%, from $125k in 2017 to $32k in 2023.

In 2023, Gambia did not export any services to Hong Kong.

Hong Kong-Gambia Trade: In 2023, Hong Kong exported $4.09M to Gambia. The main products that Hong Kong exported to Gambia were Other Furniture ($643k), Cars ($369k), and Office Machine Parts ($303k). Over the past 6 years the exports of Hong Kong to Gambia have increased at an annualized rate of 3.98%, from $3.36M in 2017 to $4.09M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gambia exported $32k to Hong Kong. The main products exported from Gambia to Hong Kong were Broadcasting Equipment ($15.7k), Telephones ($12.3k), and Office Machine Parts ($3.99k). During the last 6 years the exports of Gambia to Hong Kong have decreased at an annualized rate of 20.3%, from $125k in 2017 to $32k in 2023.

In 2018, Hong Kong exported $4.09M to Gambia. The main products exported from Hong Kong to Gambia were Other Furniture ($643k), Cars ($369k), and Office Machine Parts ($303k). During the last 5 years the exports of Hong Kong to Gambia have increased at an annualized rate of 3.98%, from $3.36M in 2023 to $4.09M in 2018.

Exports from Gambia () to Hong Kong () (2023)

Exports from Hong Kong () to Gambia () (2023)

Latest Data

Trade between Gambia () and Hong Kong ()

Gambia Exports

Date

Jul 2017

Jan 2017

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Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Hong Kong
Top DestinationChina$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Gambia included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong () and Gambia () (2023)

Comparative Advantage Gambia - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gambia had a large net trade with Hong Kong in the exports of Machines ($32k).

During 2018, Hong Kong had a large net trade with Gambia in the exports of Machines ($1.81M), Miscellaneous ($713k), and Transportation ($469k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Hong Kong+$2.05kMolluscs

Top Product Potential Hong Kong Gambia+$771kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Hong Kong () (2023)

Exports from Hong Kong () to Gambia () (2023)

Latest Data

Trade between Gambia () and Hong Kong ()

Gambia Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Gambia () (2023)

Comparative Advantage Gambia - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gambia () and Hong Kong () (2023)

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