2023
Flag  
GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 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 
$1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC
$888CURRENT US$
Rnk 181 / 196
2013-2023
Flag
GDP PC GROWTH
35.8%CURRENT US$
Rnk 68 / 195

About

Guinea-Gambia Trade: In 2023, Guinea exported $2.61M to Gambia. The main products that Guinea exported to Gambia were Gravel and Crushed Stone ($958k), Cars ($378k), and Motorcycles and cycles ($297k). Over the past 5 years the exports of Guinea to Gambia have increased at an annualized rate of 39.4%, from $496k in 2018 to $2.61M in 2023.

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

Gambia-Guinea Trade: In 2023, Gambia exported $209k to Guinea. The main products that Gambia exported to Guinea were Refined Petroleum ($163k), Cars ($27.8k), and Glass Bottles ($15.2k). Over the past 5 years the exports of Gambia to Guinea have decreased at an annualized rate of 2.14%,  from $233k in 2018 to $209k in 2023.

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

Comparison In 2023,  Guinea ranked 131 in the Economic Complexity Index (ECI -2.18),  and 83 in total exports ($18B). 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, Guinea exported $2.61M to Gambia. The main products exported from Guinea to Gambia were Gravel and Crushed Stone ($958k), Cars ($378k), and Motorcycles and cycles ($297k). During the last 5 years the exports of Guinea to Gambia have increased at an annualized rate of 39.4%, from $496k in 2018 to $2.61M in 2023.

In 2018, Gambia exported $209k to Guinea. The main products exported from Gambia to Guinea were Refined Petroleum ($163k), Cars ($27.8k), and Glass Bottles ($15.2k). During the last 5 years the exports of Gambia to Guinea have decreased at an annualized rate of 2.14%, from $233k in 2023 to $209k in 2018.

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

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

Latest Data

Trade between Guinea (Flag) and Gambia (Flag)

Gambia Exports

Market Competitiveness

Color
Guinea
Top Destination
United Arab Emirates$9.05B
Gambia
Top Destination
Kazakhstan$2.91B

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

In 2023, countries that imported more from Guinea than Gambia included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

In 2023, countries that imported more from Gambia than Guinea included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and Greece ($25.2M).

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

Comparative Advantage Guinea - Gambia

Flow
Scale

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

During 2023, Guinea had a large net trade with Gambia in the exports of Mineral Products ($958k), Transportation ($858k), and Foodstuffs ($365k).

During 2018, Gambia had a large net trade with Guinea in the exports of Mineral Products ($163k), Transportation ($27.8k), and Stone And Glass ($15.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Guinea Gambia+$964Palm Oil
Top Product Potential Gambia Guinea+$1.29kRefined Petroleum

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

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

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