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Pricing

2022
Flag → Flag
Exports $16.5kRnk 48 / 92
2022
Flag → Flag
Top Product $16.5kMotor vehicles; parts and accessories (8701 to 8705)
2022
Flag → Flag
Exports $6.89kRnk 98 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC $840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Gambia-Ecuador Trade: In 2022, Gambia exported $16.5k to Ecuador. The main products that Gambia exported to Ecuador were Motor vehicles; parts and accessories (8701 to 8705) ($16.5k). Over the past 5 years the exports of Gambia to Ecuador have increased at an annualized rate of 1.97%, from $15k in 2017 to $16.5k in 2022.

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

Ecuador-Gambia Trade: In 2022, Ecuador exported $6.89k to Gambia. The main products that Ecuador exported to Gambia were N/A. Over the past 5 years the exports of Ecuador to Gambia have decreased at an annualized rate of 28.1%,  from $35.9k in 2017 to $6.89k in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gambia exported $16.5k to Ecuador. The main products exported from Gambia to Ecuador were Motor vehicles; parts and accessories (8701 to 8705) ($16.5k). During the last 5 years the exports of Gambia to Ecuador have increased at an annualized rate of 1.97%, from $15k in 2017 to $16.5k in 2022.

In 2016, Ecuador exported $6.89k to Gambia. There were not main exports from Ecuador to Gambia in 2016. During the last 5 years the exports of Ecuador to Gambia have decreased at an annualized rate of 28.1%, from $35.9k in 2021 to $6.89k in 2016.

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

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

Latest Data

Trade between Gambia (Flag) and Ecuador (Flag)

Ecuador Exports

Date

Market Competitiveness

Color
Gambia
Top DestinationIndia$52.9M
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Gambia than Ecuador included Pakistan ($3.69M), Guyana ($1.73M), and Senegal ($3.46M).

In 2022, countries that imported more from Ecuador than Gambia included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Gambia - Ecuador

Flow
Scale

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

During 2022, Gambia had a large net trade with Ecuador in the exports of Transportation ($16.5k).

During 2016, Ecuador had a large net trade with Gambia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gambia Ecuador+$1.56kRefined Petroleum
Top Product Potential Ecuador Gambia+$1.67kRefined 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 Gambia and Ecuador. This means that a dot/product with the flag of Gambia indicates it has a comparative advantage over Ecuador. Similarly, a dot/product with the flag of Ecuador indicates it has a comparative advantage over Gambia.

Product Space of Gambia (Flag) and Ecuador (Flag) (2022)

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