2023
Flag  
GDP
$2.4BCURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 35 / 195
2023
Flag
 GDP
$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH
-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC 
$888CURRENT US$
Rnk 181 / 195
2013-2023
Flag
GDP PC GROWTH
35.8%CURRENT US$
Rnk 68 / 195
2023
Flag
GDP PC
$1,597CURRENT US$
Rnk 164 / 196
2013-2023
Flag
GDP PC GROWTH
-44.4%CURRENT US$
Rnk 192 / 195

About

Gambia-Nigeria Trade: In 2023, Gambia exported $52.2k to Nigeria. The main products that Gambia exported to Nigeria were Motor vehicles; parts and accessories (8701 to 8705) ($16.7k), Baked Goods ($11.3k), and Delivery Trucks ($6.74k). Over the past 5 years the exports of Gambia to Nigeria have increased at an annualized rate of 69.1%, from $3.78k in 2018 to $52.2k in 2023.

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

Nigeria-Gambia Trade: In 2023, Nigeria exported $5.09M to Gambia. The main products that Nigeria exported to Gambia were Refined Petroleum ($3.75M), Rolled Tobacco ($402k), and Motor vehicles; parts and accessories (8701 to 8705) ($179k). Over the past 5 years the exports of Nigeria to Gambia have increased at an annualized rate of 19%,  from $2.14M in 2018 to $5.09M in 2023.

In 2023, Nigeria 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, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Gambia exported $52.2k to Nigeria. The main products exported from Gambia to Nigeria were Motor vehicles; parts and accessories (8701 to 8705) ($16.7k), Baked Goods ($11.3k), and Delivery Trucks ($6.74k). During the last 5 years the exports of Gambia to Nigeria have increased at an annualized rate of 69.1%, from $3.78k in 2018 to $52.2k in 2023.

In 2018, Nigeria exported $5.09M to Gambia. The main products exported from Nigeria to Gambia were Refined Petroleum ($3.75M), Rolled Tobacco ($402k), and Motor vehicles; parts and accessories (8701 to 8705) ($179k). During the last 5 years the exports of Nigeria to Gambia have increased at an annualized rate of 19%, from $2.14M in 2023 to $5.09M in 2018.

Exports from Gambia (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to Gambia (Flag) (2023)

Latest Data

Trade between Gambia (Flag) and Nigeria (Flag)

Gambia Exports

Nigeria Exports

Market Competitiveness

Color
Gambia
Top Destination
Kazakhstan$2.91B
Nigeria
Top Destination
United States$6.29B

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

In 2023, countries that imported more from Gambia than Nigeria included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and Chile ($8.64M).

In 2023, countries that imported more from Nigeria than Gambia included United States ($6.29B), Spain ($5.76B), and France ($4.76B).

Difference in imports from Nigeria (Flag) and Gambia (Flag) (2023)

Comparative Advantage Gambia - Nigeria

Flow
Scale

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

During 2023, Gambia had a large net trade with Nigeria in the exports of N/A.

During 2018, Nigeria had a large net trade with Gambia in the exports of Mineral Products ($3.75M), Foodstuffs ($491k), and Machines ($337k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gambia Nigeria+$23.2kIron Fasteners
Top Product Potential Nigeria Gambia+$88.1kRolled Tobacco

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

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

Product Space of Gambia (Flag) and Nigeria (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with