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Pricing

2022
Flag → Flag
Exports $3.71MRnk 187 / 220
2022
Flag → Flag
Top Product $965kCars
2022
Flag → Flag
Exports $4.56MRnk 9 / 92
2022
Flag → Flag
Top Product $2.25MNon-fillet Frozen Fish
2022
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Economic Complexity (ECI) ECI 1.71Rnk 4 / 124
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 186
2022
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 GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
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GDP GROWTH60.6%CURRENT US$
Rnk 39 / 186
2022
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GDP PC $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 186
2022
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GDP PC$840CURRENT US$
Rnk 172 / 186
2012-2022
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GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186

About

South Korea-Gambia In 2022, South Korea exported $3.71M to Gambia. The main products that South Korea exported to Gambia are Cars ($965k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($401k), and Vaccines, blood, antisera, toxins and cultures ($321k). During the last 27 years the exports of South Korea to Gambia have increased at an annualized rate of 3.94%, from $1.31M in 1995 to $3.71M in 2022.

In 2022, South Korea did not export any services to Gambia.

Gambia-South Korea In 2022, Gambia exported $4.56M to South Korea. The main products that Gambia exported to South Korea were Non-fillet Frozen Fish ($2.25M), Scrap Copper ($2.15M), and Processed Crustaceans ($148k). During the last 27 years the exports of Gambia to South Korea have increased at an annualized rate of 8.34%, from $525k in 1995 to $4.56M in 2022.

In 2022, Gambia did not export any services to South Korea.

Comparison In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.71),  and 5 in total exports ($705B). That same year, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Latest Trends

February, 2024

About

Overview In February 2024, South Korea exported $218k and imported $386k from Gambia, resulting in a negative trade balance of $168k. Between February 2023 and February 2024 the exports of South Korea have increased by $18k (9%) from $200k to $218k, while imports decreased by $-375k (-49.3%) from $761k to $386k.

Trade In February 2024, the top exports of South Korea to Gambia were Electrical machinery and electronics ($87k), Preparations of cereals, flour, starch or... ($49k), Machinery, mechanical appliances, & parts ($46k), Chemical products n.e.s. ($20k), and Cars, tractors, trucks & parts thereof. ($19k). In February 2024 the top imports of South Korea from Gambia were Fish, crustaceans, & molluscs ($292k), Copper articles ($138k), Preparations of fish, crustacenas, & molluscs ($67k), Preparations of cereals, flour, starch or... ($0), and Chemical products n.e.s. ($0).

Growth In February 2024, the increase in South Korea's year-by-year exports to Gambia was explained primarily by an increase in product exports in Electrical machinery and electronics ($57k or 190%) and Cars, tractors, trucks & parts thereof. ($14k or 280%). In February 2024, the decrease in South Korea's year-by-year imports  from Gambia was explained primarily by an decrease in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$18k(9%)
IMPORT GROWTH (February 2023 - February 2024)$-375k(-49.3%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Gambia and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $3.71M to Gambia. The main products exported from South Korea to Gambia were Cars ($965k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($401k), and Vaccines, blood, antisera, toxins and cultures ($321k). During the last 27 years the exports of South Korea to Gambia have increased at an annualized rate of 3.94%, from $1.31M in 1995 to $3.71M in 2022.

In 2022, Gambia exported $4.56M to South Korea. The main products exported from Gambia to South Korea were Non-fillet Frozen Fish ($2.25M), Scrap Copper ($2.15M), and Processed Crustaceans ($148k). During the last 27 years the exports of Gambia to South Korea have increased at an annualized rate of 8.34%, from $525k in 1995 to $4.56M in 2022.

Exports from South Korea (Flag) to Gambia (Flag) (2022)

Exports from Gambia (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Gambia
Top DestinationIndia$52.9M

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

In 2021, countries that imported more from South Korea than Gambia were China ($150B), United States ($112B), and Vietnam ($60.7B).

In 2019, no countries were registered that imported more from Gambia than from South Korea.

Difference in imports from Gambia (Flag) and South Korea (Flag) (2022)

Comparative Advantage South Korea - Gambia

Flow
Scale

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

During 2022, South Korea had a large net trade with Gambia in the exports of Transportation ($1.11M), Plastics and Rubbers ($774k), and Machines ($729k).

During 2022, Gambia had a large net trade with South Korea in the exports of Animal Products ($2.25M), Metals ($2.15M), and Foodstuffs ($148k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Gambia. Similarly, the more yellow a dot/product is, the more Gambia has comparative advantage over South Korea.

Product Space of South Korea (Flag) and Gambia (Flag) (2022)

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