Gambia (GMB) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Gambia-Spain Trade: In 2022, Gambia exported $7.43M to Spain. The main products that Gambia exported to Spain were Molluscs ($4.42M), Crustaceans ($1.33M), and Processed Crustaceans ($1.18M). Over the past 5 years the exports of Gambia to Spain have increased at an annualized rate of 25.5%, from $2.39M in 2017 to $7.43M in 2022.

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

Spain-Gambia Trade: In 2022, Spain exported $23.1M to Gambia. The main products that Spain exported to Gambia were Cement ($4.38M), Unglazed Ceramics ($2.5M), and Flavored Water ($2.01M). Over the past 5 years the exports of Spain to Gambia have decreased at an annualized rate of 7.44%, from $34M in 2017 to $23.1M in 2022.

In 2022, Spain 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, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gambia exported $7.43M to Spain. The main products exported from Gambia to Spain were Molluscs ($4.42M), Crustaceans ($1.33M), and Processed Crustaceans ($1.18M). During the last 5 years the exports of Gambia to Spain have increased at an annualized rate of 25.5%, from $2.39M in 2017 to $7.43M in 2022.

In 2017, Spain exported $23.1M to Gambia. The main products exported from Spain to Gambia were Cement ($4.38M), Unglazed Ceramics ($2.5M), and Flavored Water ($2.01M). During the last 5 years the exports of Spain to Gambia have decreased at an annualized rate of 7.44%, from $34M in 2022 to $23.1M in 2017.

Exports from Gambia () to Spain () (2022)

Exports from Spain () to Gambia () (2022)

Latest Data

Trade between Gambia () and Spain ()

Gambia Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationIndia$52.9M

Spain
Top DestinationFrance$65.2B

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

In 2022, no countries were registered that imported more from Gambia than from Spain.

In 2022, countries that imported more from Spain than Gambia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

Comparative Advantage Gambia - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gambia had a large net trade with Spain in the exports of Animal Products ($6.23M), Foodstuffs ($1.18M), and Chemical Products ($9.22k).

During 2017, Spain had a large net trade with Gambia in the exports of Mineral Products ($4.45M), Foodstuffs ($3.69M), and Stone And Glass ($2.58M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Spain+$2.38MMolluscs

Top Product Potential Spain Gambia+$1.13MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Spain () (2022)

Exports from Spain () to Gambia () (2022)

Latest Data

Trade between Gambia () and Spain ()

Gambia Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Gambia - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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