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2023
Flag → Flag
Exports $26.1MRnk 164 / 220
2023
Flag → Flag
Top Product $5MWheat
2023
Flag → Flag
Exports $584kRnk 21 / 113
2023
Flag → Flag
Top Product $390kNon-Iron and Steel Slag, Ash and Residues
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 195
2023
Flag
 GDP$2.4BCURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP GROWTH74.2%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC$888CURRENT US$
Rnk 181 / 196
2013-2023
Flag
GDP PC GROWTH35.8%CURRENT US$
Rnk 68 / 195

About

Germany-Gambia Trade: In 2023, Germany exported $26.1M to Gambia. The main products that Germany exported to Gambia were Wheat ($5M), Cars ($4.02M), and Milk ($1.38M). Over the past 5 years the exports of Germany to Gambia have increased at an annualized rate of 9.27%, from $16.7M in 2018 to $26.1M in 2023.

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

Gambia-Germany Trade: In 2023, Gambia exported $584k to Germany. The main products that Gambia exported to Germany were Non-Iron and Steel Slag, Ash and Residues ($390k), Fish Fillets ($84k), and Integrated Circuits ($30.2k). Over the past 5 years the exports of Gambia to Germany have increased at an annualized rate of 2.97%,  from $504k in 2018 to $584k in 2023.

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

Comparison In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79),  and 3 in total exports ($1.57T). That same year, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index.

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €1.89M and imported €53k from Gambia, resulting in a positive trade balance of €1.84M. Between November 2023 and November 2024 the exports of Germany have increased by €211k (12.5%) from €1.68M to €1.89M, while imports increased by €26k (96.3%) from €27k to €53k.

Trade In November 2024, the top exports of Germany to Gambia were Perfumes and toilet preparations (€336k), Motor cars and motor caravans (€290k), Pharmaceutical products (€166k), Milk and milk products except butter... (€139k), and Measuring and automatical control instruments (€75k). In November 2024 the top imports of Germany from Gambia were Other raw materials inclusive waste (€39k), Returned goods (€13k), Apparel of wool, other animal hair,... (€1k), Other raw material for chemical products (€0), and Apparel of cotton, excl. of knitted... (€0).

Origins In November 2024 the exports of Germany were mainly from Lower Saxony (€340k), Bavaria (€322k), Baden-Württemberg (€241k), Rhineland-Pfalz (€177k), and Hamburg (€84k), while imports destinations were mainly North Rhine-Westphalia (€39k), Schleswig-Holstein (€5k), Bavaria (€4k), Hamburg (€4k), and Baden-Württemberg (€1k).

Growth In November 2024, the increase in Germany's year-by-year exports to Gambia was explained primarily by an increase in product exports in Perfumes and toilet preparations (€146k or 76.8%), Pharmaceutical products (€137k or 472%), and Milk and milk products except butter... (€114k or 456%). In November 2024, the increase in Germany's year-by-year imports  from Gambia was explained primarily by an increase in product imports  in Other raw materials inclusive waste (€19k or 95%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (November 2023 - November 2024)€211k(12.5%)
IMPORT GROWTH (November 2023 - November 2024)€26k(96.3%)
MAIN EXPORTER (November 2024)Lower Saxony€340k

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

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

For full datasets download visit Bulk Download page.

Explore Gambia and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $26.1M to Gambia. The main products exported from Germany to Gambia were Wheat ($5M), Cars ($4.02M), and Milk ($1.38M). During the last 5 years the exports of Germany to Gambia have increased at an annualized rate of 9.27%, from $16.7M in 2018 to $26.1M in 2023.

In 2018, Gambia exported $584k to Germany. The main products exported from Gambia to Germany were Non-Iron and Steel Slag, Ash and Residues ($390k), Fish Fillets ($84k), and Integrated Circuits ($30.2k). During the last 5 years the exports of Gambia to Germany have increased at an annualized rate of 2.97%, from $504k in 2023 to $584k in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Gambia
Top DestinationKazakhstan$2.91B

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

In 2023, countries that imported more from Germany than Gambia included United States ($157B), France ($118B), and Netherlands ($108B).

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

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

Comparative Advantage Germany - Gambia

Flow
Scale

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

During 2023, Germany had a large net trade with Gambia in the exports of Vegetable Products ($5.12M), Transportation ($4.9M), and Machines ($4.42M).

During 2018, Gambia had a large net trade with Germany in the exports of Mineral Products ($390k), Animal Products ($105k), and Machines ($53.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Gambia+$3.7MCars
Top Product Potential Gambia Germany+$518kPrecious Metal Scraps

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

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

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