2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

Germany-Gambia Trade: In 2022, Germany exported $25M to Gambia. The main products that Germany exported to Gambia were Wheat ($6.31M), Cars ($3.96M), and Shaving Products ($1.23M). Over the past 5 years the exports of Germany to Gambia have increased at an annualized rate of 7.55%, from $17.4M in 2017 to $25M in 2022.

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

Gambia-Germany Trade: In 2022, Gambia exported $797k to Germany. The main products that Gambia exported to Germany were Non-Iron and Steel Slag, Ash and Residues ($586k), Percussion ($61.1k), and Broadcasting Equipment ($31.8k). Over the past 5 years the exports of Gambia to Germany have increased at an annualized rate of 23.8%,  from $274k in 2017 to $797k in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). 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 2022, Germany exported $25M to Gambia. The main products exported from Germany to Gambia were Wheat ($6.31M), Cars ($3.96M), and Shaving Products ($1.23M). During the last 5 years the exports of Germany to Gambia have increased at an annualized rate of 7.55%, from $17.4M in 2017 to $25M in 2022.

In 2017, Gambia exported $797k to Germany. The main products exported from Gambia to Germany were Non-Iron and Steel Slag, Ash and Residues ($586k), Percussion ($61.1k), and Broadcasting Equipment ($31.8k). During the last 5 years the exports of Gambia to Germany have increased at an annualized rate of 23.8%, from $274k in 2022 to $797k in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Gambia
Top Destination
India$52.9M

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 2022, countries that imported more from Germany than Gambia included United States ($153B), France ($120B), and China ($109B).

In 2022, no countries were registered that imported more from Gambia than from Germany.

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

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 2022, Germany had a large net trade with Gambia in the exports of Vegetable Products ($6.33M), Transportation ($5.73M), and Machines ($4.51M).

During 2017, Gambia had a large net trade with Germany in the exports of Mineral Products ($588k), Machines ($75.1k), and Instruments ($61.1k).

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) (2022)

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