Gambia (GMB) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Gambia-Greece Trade: In 2023, Gambia exported $25.2M to Greece. The main products that Gambia exported to Greece were Crude Petroleum ($22.9M), Processed Crustaceans ($794k), and Molluscs ($525k). Over the past 5 years the exports of Gambia to Greece have increased at an annualized rate of 768%, from $512 in 2018 to $25.2M in 2023.

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

Greece-Gambia Trade: In 2023, Greece exported $603k to Gambia. The main products that Greece exported to Gambia were Refined Petroleum ($497k), Motor vehicles; parts and accessories (8701 to 8705) ($28.3k), and Plastic Building Materials ($21.6k). Over the past 5 years the exports of Greece to Gambia have increased at an annualized rate of 12.3%, from $338k in 2018 to $603k in 2023.

In 2023, Greece 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gambia exported $25.2M to Greece. The main products exported from Gambia to Greece were Crude Petroleum ($22.9M), Processed Crustaceans ($794k), and Molluscs ($525k). During the last 5 years the exports of Gambia to Greece have increased at an annualized rate of 768%, from $512 in 2018 to $25.2M in 2023.

In 2018, Greece exported $603k to Gambia. The main products exported from Greece to Gambia were Refined Petroleum ($497k), Motor vehicles; parts and accessories (8701 to 8705) ($28.3k), and Plastic Building Materials ($21.6k). During the last 5 years the exports of Greece to Gambia have increased at an annualized rate of 12.3%, from $338k in 2023 to $603k in 2018.

Exports from Gambia () to Greece () (2023)

Exports from Greece () to Gambia () (2023)

Latest Data

Trade between Gambia () and Greece ()

Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Gambia than Greece included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and Mali ($8.85M).

In 2023, countries that imported more from Greece than Gambia included Italy ($6.21B), Germany ($3.06B), and Cyprus ($3.03B).

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

Comparative Advantage Gambia - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gambia had a large net trade with Greece in the exports of Mineral Products ($22.9M), Animal Products ($1.48M), and Foodstuffs ($800k).

During 2018, Greece had a large net trade with Gambia in the exports of Mineral Products ($497k), Transportation ($44.2k), and Plastics and Rubbers ($22.1k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Greece+$388kMolluscs

Top Product Potential Greece Gambia+$180kRefined 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

Year

This visualization shows the product space at the HS4 level with the flags of Gambia and Greece. This means that a dot/product with the flag of Gambia indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Gambia.

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Greece () (2023)

Exports from Greece () to Gambia () (2023)

Latest Data

Trade between Gambia () and Greece ()

Greece Exports

Market Competitiveness

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

Comparative Advantage Gambia - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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