Gambia (GMB) and Guinea (GIN) Trade | The Observatory of Economic Complexity

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Gambia-Guinea Trade: In 2023, Gambia exported $209k to Guinea. The main products that Gambia exported to Guinea were Refined Petroleum ($163k), Cars ($27.8k), and Glass Bottles ($15.2k). Over the past 5 years the exports of Gambia to Guinea have decreased at an annualized rate of 2.14%, from $233k in 2018 to $209k in 2023.

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

Guinea-Gambia Trade: In 2023, Guinea exported $2.61M to Gambia. The main products that Guinea exported to Gambia were Gravel and Crushed Stone ($958k), Cars ($378k), and Motorcycles and cycles ($297k). Over the past 5 years the exports of Guinea to Gambia have increased at an annualized rate of 18.1%, from $496k in 2018 to $2.61M in 2023.

In 2023, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gambia exported $209k to Guinea. The main products exported from Gambia to Guinea were Refined Petroleum ($163k), Cars ($27.8k), and Glass Bottles ($15.2k). During the last 5 years the exports of Gambia to Guinea have decreased at an annualized rate of 2.14%, from $233k in 2018 to $209k in 2023.

In 2018, Guinea exported $2.61M to Gambia. The main products exported from Guinea to Gambia were Gravel and Crushed Stone ($958k), Cars ($378k), and Motorcycles and cycles ($297k). During the last 5 years the exports of Guinea to Gambia have increased at an annualized rate of 18.1%, from $496k in 2023 to $2.61M in 2018.

Exports from Gambia () to Guinea () (2023)

Exports from Guinea () to Gambia () (2023)

Latest Data

Trade between Gambia () and Guinea ()

Gambia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Guinea
Top DestinationUnited Arab Emirates$9.05B

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

In 2023, countries that imported more from Gambia than Guinea included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and Greece ($25.2M).

In 2023, countries that imported more from Guinea than Gambia included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

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

Comparative Advantage Gambia - Guinea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gambia had a large net trade with Guinea in the exports of Mineral Products ($163k), Transportation ($27.8k), and Stone And Glass ($15.2k).

During 2018, Guinea had a large net trade with Gambia in the exports of Mineral Products ($958k), Transportation ($858k), and Foodstuffs ($365k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Guinea+$1.29kRefined Petroleum

Top Product Potential Guinea Gambia+$964Palm 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 Guinea. This means that a dot/product with the flag of Gambia indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Gambia.

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Guinea () (2023)

Exports from Guinea () to Gambia () (2023)

Latest Data

Trade between Gambia () and Guinea ()

Gambia Exports

Market Competitiveness

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

Comparative Advantage Gambia - Guinea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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