2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$2.4BCURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$888CURRENT US$
Rnk 181 / 196
2013-2023
Flag
GDP PC GROWTH
35.8%CURRENT US$
Rnk 68 / 195

About

India-Gambia Trade: In 2023, India exported $192M to Gambia. The main products that India exported to Gambia were Rice ($46.1M), Light Pure Woven Cotton ($25.8M), and Iron Structures ($18.6M). Over the past 5 years the exports of India to Gambia have increased at an annualized rate of 5.15%, from $149M in 2018 to $192M in 2023.

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

Gambia-India Trade: In 2023, Gambia exported $42.5M to India. The main products that Gambia exported to India were Coconuts, Brazil Nuts, and Cashews ($22.8M), Scrap Iron ($13.7M), and Scrap Aluminium ($5.71M). Over the past 5 years the exports of Gambia to India have decreased at an annualized rate of 1.29%,  from $45.4M in 2018 to $42.5M in 2023.

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

Comparison In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65),  and 12 in total exports ($441B). That same year, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $192M to Gambia. The main products exported from India to Gambia were Rice ($46.1M), Light Pure Woven Cotton ($25.8M), and Iron Structures ($18.6M). During the last 5 years the exports of India to Gambia have increased at an annualized rate of 5.15%, from $149M in 2018 to $192M in 2023.

In 2018, Gambia exported $42.5M to India. The main products exported from Gambia to India were Coconuts, Brazil Nuts, and Cashews ($22.8M), Scrap Iron ($13.7M), and Scrap Aluminium ($5.71M). During the last 5 years the exports of Gambia to India have decreased at an annualized rate of 1.29%, from $45.4M in 2023 to $42.5M in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Gambia
Top Destination
Kazakhstan$2.91B

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

In 2023, countries that imported more from India than Gambia included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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

Comparative Advantage India - Gambia

Flow
Scale

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

During 2023, India had a large net trade with Gambia in the exports of Vegetable Products ($47.3M), Textiles ($37.4M), and Metals ($27.6M).

During 2018, Gambia had a large net trade with India in the exports of Vegetable Products ($22.8M), Metals ($19.7M), and Textiles ($40.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Gambia+$1.95MRefined Petroleum
Top Product Potential Gambia India+$5.89MScrap Iron

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

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

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