Gambia (GMB) and Denmark (DNK) Trade | The Observatory of Economic Complexity

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Gambia-Denmark Trade: In 2023, Gambia exported $10.8k to Denmark. The main products that Gambia exported to Denmark were Soybean Oil ($6.6k), Low-voltage Protection Equipment ($1.86k), and Computers ($1.52k). Over the past 5 years the exports of Gambia to Denmark have increased at an annualized rate of 57.2%, from $1.12k in 2018 to $10.8k in 2023.

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

Denmark-Gambia Trade: In 2023, Denmark exported $7.57M to Gambia. The main products that Denmark exported to Gambia were Other Prepared Meat ($2.51M), Cars ($625k), and Industrial Furnaces ($534k). Over the past 5 years the exports of Denmark to Gambia have increased at an annualized rate of 6.89%, from $5.43M in 2018 to $7.57M in 2023.

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

Comparison In 2023, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index. That same year, Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gambia exported $10.8k to Denmark. The main products exported from Gambia to Denmark were Soybean Oil ($6.6k), Low-voltage Protection Equipment ($1.86k), and Computers ($1.52k). During the last 5 years the exports of Gambia to Denmark have increased at an annualized rate of 57.2%, from $1.12k in 2018 to $10.8k in 2023.

In 2018, Denmark exported $7.57M to Gambia. The main products exported from Denmark to Gambia were Other Prepared Meat ($2.51M), Cars ($625k), and Industrial Furnaces ($534k). During the last 5 years the exports of Denmark to Gambia have increased at an annualized rate of 6.89%, from $5.43M in 2023 to $7.57M in 2018.

Exports from Gambia () to Denmark () (2023)

Exports from Denmark () to Gambia () (2023)

Latest Data

Trade between Gambia () and Denmark ()

Gambia Exports

Date

Dec 2020

Jul 2020

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Denmark Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Denmark
Top DestinationGermany$14.8B

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

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

In 2023, countries that imported more from Denmark than Gambia included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

Difference in imports from Denmark () and Gambia () (2023)

Comparative Advantage Gambia - Denmark

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gambia had a large net trade with Denmark in the exports of Animal and Vegetable Bi-Products ($6.61k), Machines ($3.55k), and Paper Goods ($200).

During 2018, Denmark had a large net trade with Gambia in the exports of Foodstuffs ($2.81M), Machines ($2.2M), and Transportation ($734k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Denmark+$13kComputers

Top Product Potential Denmark Gambia+$160kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Denmark () (2023)

Exports from Denmark () to Gambia () (2023)

Latest Data

Trade between Gambia () and Denmark ()

Gambia Exports

Denmark Exports

Market Competitiveness

Difference in imports from Denmark () and Gambia () (2023)

Comparative Advantage Gambia - Denmark

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gambia () and Denmark () (2023)

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