Gambia (GMB) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Gambia-Colombia Trade: In 2022, 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 6 years the exports of Gambia to Colombia have increased at an annualized rate of 35.3%, from $9.84k in 2016 to $60.2k in 2022.

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

Colombia-Gambia In N/A, Colombia did not export any products to Gambia.

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

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, 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 6 years the exports of Gambia to Colombia have increased at an annualized rate of 35.3%, from $9.84k in 2016 to $60.2k in 2022.

Colombia does not register exports to Gambia.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationIndia$52.9M

Colombia
Top DestinationUnited States$15.6B

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

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

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

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

Comparative Advantage Gambia - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gambia had a large net trade with Colombia in the exports of Animal Hides ($60k), Instruments ($117), and Machines ($80).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Colombia+$17.3kTrunks and Cases

Top Product Potential Colombia Gambia+$1.88kPalm Oil

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

Year

This visualization shows the product space at the HS4 level with the flags of Gambia and Colombia. This means that a dot/product with the flag of Gambia indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Gambia.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Gambia - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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