2022
Flag  
GDP
$344BCURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP GROWTH
-7.22%CURRENT US$
Rnk 172 / 186
2022
Flag
 GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC 
$6,630CURRENT US$
Rnk 98 / 186
2012-2022
Flag
GDP PC GROWTH
-18.1%CURRENT US$
Rnk 169 / 186
2022
Flag
GDP PC
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

Colombia-Gambia Trade: In 2021, Colombia exported $27k to Gambia. The main products that Colombia exported to Gambia were N/A. Over the past 8 years the exports of Colombia to Gambia have increased at an annualized rate of 7.07%, from $15.6k in 2013 to $27k in 2021.

In 2021, Colombia did not export any services to Gambia.

Gambia-Colombia Trade: In 2021, Gambia exported $60.2k to Colombia. The main products that Gambia exported to Colombia were Trunks and Cases ($60k), Gas and Liquid Flow Measuring Instruments ($117), and Ball Bearings ($80). Over the past 8 years the exports of Gambia to Colombia have increased at an annualized rate of 42.1%,  from $10.4k in 2013 to $60.2k in 2021.

In 2021, Gambia did not export any services to Colombia.

Comparison In 2022,  Colombia ranked 58 in the Economic Complexity Index (ECI 0.11),  and 53 in total exports ($60.3B). That same year, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Colombia exported $27k to Gambia. There were not main exports from Colombia to Gambia in 2021. During the last 8 years the exports of Colombia to Gambia have increased at an annualized rate of 7.07%, from $15.6k in 2013 to $27k in 2021.

In 2017, Gambia exported $60.2k to Colombia. The main products exported from Gambia to Colombia were Trunks and Cases ($60k), Gas and Liquid Flow Measuring Instruments ($117), and Ball Bearings ($80). During the last 5 years the exports of Gambia to Colombia have increased at an annualized rate of 42.1%, from $10.4k in 2022 to $60.2k in 2017.

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

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

Market Competitiveness

Color
Colombia
Top Destination
United States$15.6B
Gambia
Top Destination
India$52.9M

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

In 2022, countries that imported more from Colombia than Gambia included United States ($15.6B), Panama ($5.84B), and Netherlands ($3.67B).

In 2022, countries that imported more from Gambia than Colombia included Pakistan ($3.69M), Namibia ($15.5k), and Malawi ($3.89k).

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

Comparative Advantage Colombia - Gambia

Flow
Scale

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

During 2021, Colombia had a large net trade with Gambia in the exports of .

During 2017, Gambia had a large net trade with Colombia in the exports of Animal Hides ($60k), Instruments ($117), and Machines ($80).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Colombia Gambia+$1.88kPalm Oil
Top Product Potential Gambia Colombia+$17.3kTrunks and Cases

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

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

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