2022
Flag  
GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH
2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC 
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC
$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH
-19.9%CURRENT US$
Rnk 173 / 186

About

Gambia-Nigeria Trade: In 2022, Gambia exported $61.3k to Nigeria. The main products that Gambia exported to Nigeria were Iron Fasteners ($46.2k), Motor vehicles; parts and accessories (8701 to 8705) ($5.57k), and Electric Motors ($2.28k). Over the past 5 years the exports of Gambia to Nigeria have increased at an annualized rate of 51.6%, from $7.66k in 2017 to $61.3k in 2022.

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

Nigeria-Gambia Trade: In 2022, Nigeria exported $694k to Gambia. The main products that Nigeria exported to Gambia were Rolled Tobacco ($483k), Sauces and Seasonings ($119k), and Cleaning Products ($41.8k). Over the past 5 years the exports of Nigeria to Gambia have decreased at an annualized rate of 1.68%,  from $756k in 2017 to $694k in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gambia exported $61.3k to Nigeria. The main products exported from Gambia to Nigeria were Iron Fasteners ($46.2k), Motor vehicles; parts and accessories (8701 to 8705) ($5.57k), and Electric Motors ($2.28k). During the last 5 years the exports of Gambia to Nigeria have increased at an annualized rate of 51.6%, from $7.66k in 2017 to $61.3k in 2022.

In 2017, Nigeria exported $694k to Gambia. The main products exported from Nigeria to Gambia were Rolled Tobacco ($483k), Sauces and Seasonings ($119k), and Cleaning Products ($41.8k). During the last 5 years the exports of Nigeria to Gambia have decreased at an annualized rate of 1.68%, from $756k in 2022 to $694k in 2017.

Exports from Gambia (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to Gambia (Flag) (2022)

Latest Data

Trade between Gambia (Flag) and Nigeria (Flag)

Gambia Exports

Nigeria Exports

Market Competitiveness

Color
Gambia
Top Destination
India$52.9M
Nigeria
Top Destination
Spain$9.41B

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 2022, countries that imported more from Gambia than Nigeria included Guyana ($1.73M), Maldives ($23.7k), and Belize ($229).

In 2022, countries that imported more from Nigeria than Gambia included Spain ($9.41B), India ($8.2B), and France ($4.95B).

Difference in imports from Nigeria (Flag) and Gambia (Flag) (2022)

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 2022, Gambia had a large net trade with Nigeria in the exports of Metals ($46.7k), Machines ($7.29k), and Transportation ($5.57k).

During 2017, Nigeria had a large net trade with Gambia in the exports of Foodstuffs ($602k), Chemical Products ($41.8k), and Paper Goods ($36.6k).

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.

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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) (2022)

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