Albania (ALB) and Gambia (GMB) Trade | The Observatory of Economic Complexity

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Albania-Gambia Trade: In 2023, Albania exported $132k to Gambia. The main products that Albania exported to Gambia were Iron Structures ($99.3k), Other Furniture ($21.5k), and Hand-Woven Rugs ($2.84k). Over the past 12 years the exports of Albania to Gambia have increased at an annualized rate of 49.9%, from $1.03k in 2011 to $132k in 2023.

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

Gambia-Albania In N/A, Gambia did not export any products to Albania.

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

Comparison In 2023, Albania ranked 77 in the Economic Complexity Index (ECI -0.33), and 134 in total exports ($4.25B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Albania exported $132k to Gambia. The main products exported from Albania to Gambia were Iron Structures ($99.3k), Other Furniture ($21.5k), and Hand-Woven Rugs ($2.84k). During the last 12 years the exports of Albania to Gambia have increased at an annualized rate of 49.9%, from $1.03k in 2011 to $132k in 2023.

Gambia does not register exports to Albania.

Exports from Albania () to Gambia () (2023)

Exports from Gambia () to Albania () (2023)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Albania
Top DestinationItaly$1.72B

Gambia
Top DestinationKazakhstan$2.91B

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

In 2023, countries that imported more from Albania than Gambia included Italy ($1.72B), Greece ($409M), and Germany ($234M).

In 2023, countries that imported more from Gambia than Albania included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and India ($42.5M).

Difference in imports from Gambia () and Albania () (2023)

Comparative Advantage Albania - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Albania had a large net trade with Gambia in the exports of Metals ($99.3k), Miscellaneous ($22.3k), and Textiles ($3.62k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Albania Gambia+$988Insulated Wire

Top Product Potential Gambia Albania+$1.03kMolluscs

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Albania () to Gambia () (2023)

Exports from Gambia () to Albania () (2023)

Market Competitiveness

Difference in imports from Gambia () and Albania () (2023)

Comparative Advantage Albania - Gambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Albania () and Gambia () (2023)

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