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Pricing

2022
Flag → Flag
Exports $1.59MRnk 144 / 208
2022
Flag → Flag
Top Product $1.5MBuilding Stone
2022
Flag → Flag
Exports $733kRnk 5 / 92
2022
Flag → Flag
Top Product $4.29MMolluscs
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186

About

Portugal-Gambia Trade: In 2022, Portugal exported $1.59M to Gambia. The main products that Portugal exported to Gambia were Building Stone ($1.5M), Eggs ($525k), and Machinery Having Individual Functions ($202k). Over the past 5 years the exports of Portugal to Gambia have increased at an annualized rate of 91.1%, from $62.6k in 2017 to $1.59M in 2022.

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

Gambia-Portugal Trade: In 2022, Gambia exported $733k to Portugal. The main products that Gambia exported to Portugal were Molluscs ($4.29M), Processed Crustaceans ($1.73M), and Crustaceans ($1.63M). Over the past 5 years the exports of Gambia to Portugal have increased at an annualized rate of 31.3%,  from $188k in 2017 to $733k in 2022.

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

Comparison In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57),  and 48 in total exports ($81.7B). That same year, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Latest Trends

April, 2024

About

Overview In April 2024, Portugal exported €106k and imported €340k from Gambia, resulting in a negative trade balance of €234k. Between April 2023 and April 2024 the exports of Portugal have decreased by €-416k (-79.8%) from €521k to €106k, while imports increased by €180k (112%) from €160k to €340k.

Trade In April 2024, the top exports of Portugal to Gambia were Furniture, bedding, lamps, & prefab buildings (€90.6k), Used clothes & textile articles (€58k), Carpets & textile floor covers (€45.6k), Animal or vegetable fats, oils, &... (€30.3k), and Paper articles (€22.3k). In April 2024 the top imports of Portugal from Gambia were Fish, crustaceans, & molluscs (€475k), Precious stones, metals, & pearls (€4), Live animals (€0), Meat & edible offal (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In April 2024, the decrease in Portugal's year-by-year exports to Gambia was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-37.5k or -81.2%), Beverages, spirits, & vinegar (€-32.2k or -100%), and Electrical machinery and electronics (€-30.7k or -99.1%). In April 2024, the increase in Portugal's year-by-year imports  from Gambia was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (April 2023 - April 2024)€-416k(-79.8%)
IMPORT GROWTH (April 2023 - April 2024)€180k(112%)

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

To check Gambia and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gambia and Portugal Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $1.59M to Gambia. The main products exported from Portugal to Gambia were Building Stone ($1.5M), Eggs ($525k), and Machinery Having Individual Functions ($202k). During the last 5 years the exports of Portugal to Gambia have increased at an annualized rate of 91.1%, from $62.6k in 2017 to $1.59M in 2022.

In 2017, Gambia exported $733k to Portugal. The main products exported from Gambia to Portugal were Molluscs ($4.29M), Processed Crustaceans ($1.73M), and Crustaceans ($1.63M). During the last 21 years the exports of Gambia to Portugal have increased at an annualized rate of 31.3%, from $188k in 1996 to $733k in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Gambia
Top DestinationIndia$52.9M

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

In 2022, countries that imported more from Portugal than Gambia included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Gambia than Portugal included Guyana ($1.73M).

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

Comparative Advantage Portugal - Gambia

Flow
Scale

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

During 2022, Portugal had a large net trade with Gambia in the exports of Stone And Glass ($1.74M), Animal Products ($559k), and Machines ($556k).

During 2017, Gambia had a large net trade with Portugal in the exports of Animal Products ($7.29M), Foodstuffs ($1.73M), and Stone And Glass ($3.53k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Gambia+$85.9kUnglazed Ceramics
Top Product Potential Gambia Portugal+$391kNon-fillet Frozen Fish

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

Product Space of Portugal (Flag) and Gambia (Flag) (2022)

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