2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 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 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 195
2023
Flag
GDP PC
$888CURRENT US$
Rnk 181 / 196
2013-2023
Flag
GDP PC GROWTH
35.8%CURRENT US$
Rnk 68 / 195

About

Canada-Gambia Trade: In 2023, Canada exported $5.08M to Gambia. The main products that Canada exported to Gambia were Cars ($2.93M), Dried Legumes ($1.42M), and Poultry Meat ($245k). Over the past 5 years the exports of Canada to Gambia have increased at an annualized rate of 25.7%, from $1.62M in 2018 to $5.08M in 2023.

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

Gambia-Canada Trade: In 2023, Gambia exported $154k to Canada. The main products that Gambia exported to Canada were Knit Men's Suits ($28.5k), Pulley Systems ($22k), and Non-Knit Men's Coats ($19.2k). Over the past 5 years the exports of Gambia to Canada have decreased at an annualized rate of 27.8%,  from $784k in 2018 to $154k in 2023.

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

Comparison In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9),  and 10 in total exports ($574B). 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, Canada exported $5.08M to Gambia. The main products exported from Canada to Gambia were Cars ($2.93M), Dried Legumes ($1.42M), and Poultry Meat ($245k). During the last 5 years the exports of Canada to Gambia have increased at an annualized rate of 25.7%, from $1.62M in 2018 to $5.08M in 2023.

In 2018, Gambia exported $154k to Canada. The main products exported from Gambia to Canada were Knit Men's Suits ($28.5k), Pulley Systems ($22k), and Non-Knit Men's Coats ($19.2k). During the last 5 years the exports of Gambia to Canada have decreased at an annualized rate of 27.8%, from $784k in 2023 to $154k in 2018.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Gambia
Top Destination
Kazakhstan$2.91B

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

In 2023, countries that imported more from Canada than Gambia included United States ($410B), China ($31.1B), and United Kingdom ($18B).

In 2023, countries that imported more from Gambia than Canada included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and North Korea ($8.03k).

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

Comparative Advantage Canada - Gambia

Flow
Scale

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

During 2023, Canada had a large net trade with Gambia in the exports of Transportation ($2.93M), Vegetable Products ($1.45M), and Animal Products ($305k).

During 2018, Gambia had a large net trade with Canada in the exports of Textiles ($82.6k), Machines ($53.1k), and Chemical Products ($7.38k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Gambia+$1.51MCars
Top Product Potential Gambia Canada+$58.4kLiquid Pumps

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

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

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