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

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Gambia-Spain Trade: In 2023, Gambia exported $7.68M to Spain. The main products that Gambia exported to Spain were Molluscs ($4.64M), Crustaceans ($1.1M), and Processed Crustaceans ($1.04M). Over the past 5 years the exports of Gambia to Spain have increased at an annualized rate of 10.8%, from $4.61M in 2018 to $7.68M in 2023.

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

Spain-Gambia Trade: In 2023, Spain exported $37.7M to Gambia. The main products that Spain exported to Gambia were Refined Petroleum ($5.81M), Cars ($4.7M), and Soups and Broths ($2.75M). Over the past 5 years the exports of Spain to Gambia have increased at an annualized rate of 3.25%, from $32.1M in 2018 to $37.7M in 2023.

In 2023, Spain 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, Spain ranked 31 in the Economic Complexity Index (ECI 0.86), and 16 in total exports ($402B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gambia exported $7.68M to Spain. The main products exported from Gambia to Spain were Molluscs ($4.64M), Crustaceans ($1.1M), and Processed Crustaceans ($1.04M). During the last 5 years the exports of Gambia to Spain have increased at an annualized rate of 10.8%, from $4.61M in 2018 to $7.68M in 2023.

In 2018, Spain exported $37.7M to Gambia. The main products exported from Spain to Gambia were Refined Petroleum ($5.81M), Cars ($4.7M), and Soups and Broths ($2.75M). During the last 5 years the exports of Spain to Gambia have increased at an annualized rate of 3.25%, from $32.1M in 2023 to $37.7M in 2018.

Exports from Gambia () to Spain () (2023)

Exports from Spain () to Gambia () (2023)

Latest Data

Trade between Gambia () and Spain ()

Gambia Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Spain
Top DestinationFrance$61.9B

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

In 2023, countries that imported more from Spain than Gambia included France ($61.9B), Germany ($40.2B), and Portugal ($38.1B).

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

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 2023, Gambia had a large net trade with Spain in the exports of Animal Products ($6.6M), Foodstuffs ($1.04M), and Chemical Products ($17.5k).

During 2018, Spain had a large net trade with Gambia in the exports of Foodstuffs ($7.23M), Mineral Products ($6.36M), and Transportation ($5.7M).

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 () (2023)

Exports from Spain () to Gambia () (2023)

Latest Data

Trade between Gambia () and Spain ()

Gambia Exports

Spain Exports

Market Competitiveness

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

Comparative Advantage Gambia - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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