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2023
Flag → Flag
Exports $37.7MRnk 134 / 220
2023
Flag → Flag
Top Product $5.81MRefined Petroleum
2023
Flag → Flag
Exports $7.68MRnk 10 / 113
2023
Flag → Flag
Top Product $4.64MMolluscs
2023
Flag
Economic Complexity (ECI) ECI 0.86Rnk 31 / 132
2023
Flag  
GDP$1.62TCURRENT US$
Rnk 15 / 195
2013-2023
Flag
GDP GROWTH18.9%CURRENT US$
Rnk 143 / 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 $33,509CURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP PC GROWTH14.7%CURRENT US$
Rnk 119 / 195
2023
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GDP PC$888CURRENT US$
Rnk 181 / 196
2013-2023
Flag
GDP PC GROWTH35.8%CURRENT US$
Rnk 68 / 195

About

Spain-Gambia Trade: In 2023, Spain exported $37.7M to Gambia. The main products that Spain exported to Gambia were Refined Petroleum ($5.81M), Cars ($4.7M), and Soups and Broths ($2.75M). Over the past 5 years the exports of Spain to Gambia have increased at an annualized rate of 3.25%, from $32.1M in 2018 to $37.7M in 2023.

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

Gambia-Spain Trade: In 2023, Gambia exported $7.68M to Spain. The main products that Gambia exported to Spain were Molluscs ($4.64M), Crustaceans ($1.1M), and Processed Crustaceans ($1.04M). Over the past 5 years the exports of Gambia to Spain have increased at an annualized rate of 10.8%,  from $4.61M in 2018 to $7.68M in 2023.

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

Comparison In 2023,  Spain ranked 31 in the Economic Complexity Index (ECI 0.86),  and 16 in total exports ($402B). That same year, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index.

Latest Trends

December, 2024

About

Overview In December 2024, Spain exported €1.7M and imported €34.3k from Gambia, resulting in a positive trade balance of €1.66M. Between December 2023 and December 2024 the exports of Spain have decreased by €-349k (-17.1%) from €2.05M to €1.7M, while imports decreased by €-152k (-81.6%) from €187k to €34.3k.

Trade In December 2024, the top exports of Spain to Gambia were Soups and Broths (€374k), Unglazed Ceramics (€164k), Liquid Pumps (€147k), Poultry Meat (€140k), and Flavored Water (€140k). In December 2024 the top imports of Spain from Gambia were Non-fillet Frozen Fish (€177k), Molluscs (€136k), Crustaceans (€18k), Prepared Rubber Accelerators (€3.18k), and Vaccines, blood, antisera, toxins and cultures (€698).

Origins In December 2024 the exports of Spain were mainly from Barcelona (€320k), Madrid (€314k), A Coruña (€221k), Alicante (€214k), and Murcia (€141k), while imports destinations were mainly Sin provincia asignada (€27.6k), Madrid (€6.31k), and Palencia (€370).

Growth In December 2024, the decrease in Spain's year-by-year exports to Gambia was explained primarily by an decrease in product exports in Used Clothing (€-70.8k or -44.4%), Commodities not elsewhere specified (€-65.5k or -98.8%), and Flavored Water (€-62.5k or -30.9%). In December 2024, the decrease in Spain's year-by-year imports  from Gambia was explained primarily by an decrease in product imports  in Molluscs (€-504k or -78.7%), Crustaceans (€-227k or -92.6%), and Commodities not elsewhere specified (€-2.42 or -12.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)€-349k(-17.1%)
IMPORT GROWTH (December 2023 - December 2024)€-152k(-81.6%)
MAIN EXPORTER (December 2024)Barcelona€320k

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

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

For full datasets download visit Bulk Download page.

Explore Gambia and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Spain exported $37.7M to Gambia. The main products exported from Spain to Gambia were Refined Petroleum ($5.81M), Cars ($4.7M), and Soups and Broths ($2.75M). During the last 5 years the exports of Spain to Gambia have increased at an annualized rate of 3.25%, from $32.1M in 2018 to $37.7M in 2023.

In 2018, Gambia exported $7.68M to Spain. The main products exported from Gambia to Spain were Molluscs ($4.64M), Crustaceans ($1.1M), and Processed Crustaceans ($1.04M). During the last 5 years the exports of Gambia to Spain have increased at an annualized rate of 10.8%, from $4.61M in 2023 to $7.68M in 2018.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$61.9B
Gambia
Top DestinationKazakhstan$2.91B

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

In 2023, countries that imported more from Spain than Gambia included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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

Comparative Advantage Spain - Gambia

Flow
Scale

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

During 2023, Spain had a large net trade with Gambia in the exports of Foodstuffs ($7.23M), Mineral Products ($6.36M), and Transportation ($5.7M).

During 2018, Gambia had a large net trade with Spain in the exports of Animal Products ($6.6M), Foodstuffs ($1.04M), and Chemical Products ($17.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Gambia+$1.13MCars
Top Product Potential Gambia Spain+$2.38MMolluscs

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

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

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