2022
Flag  
GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
 GDP
$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP GROWTH
30.3%CURRENT US$
Rnk 100 / 186
2022
Flag
GDP PC 
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC
$32,255CURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP PC GROWTH
26.7%CURRENT US$
Rnk 70 / 186

About

Gambia-South Korea In 2022, Gambia exported $4.56M to South Korea. The main products that Gambia exported to South Korea are Non-fillet Frozen Fish ($2.25M), Scrap Copper ($2.15M), and Processed Crustaceans ($148k). During the last 27 years the exports of Gambia to South Korea have increased at an annualized rate of 8.34%, from $525k in 1995 to $4.56M in 2022.

In 2022, Gambia did not export any services to South Korea.

South Korea-Gambia In 2022, South Korea exported $3.71M to Gambia. The main products that South Korea exported to Gambia were Cars ($965k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($401k), and Vaccines, blood, antisera, toxins and cultures ($321k). During the last 27 years the exports of South Korea to Gambia have increased at an annualized rate of 3.94%, from $1.31M in 1995 to $3.71M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gambia exported $4.56M to South Korea. The main products exported from Gambia to South Korea were Non-fillet Frozen Fish ($2.25M), Scrap Copper ($2.15M), and Processed Crustaceans ($148k). During the last 27 years the exports of Gambia to South Korea have increased at an annualized rate of 8.34%, from $525k in 1995 to $4.56M in 2022.

In 2022, South Korea exported $3.71M to Gambia. The main products exported from South Korea to Gambia were Cars ($965k), Twine, cordage or rope; knotted netting, made up fishing nets and other made up nets, of textile materials ($401k), and Vaccines, blood, antisera, toxins and cultures ($321k). During the last 27 years the exports of South Korea to Gambia have increased at an annualized rate of 3.94%, from $1.31M in 1995 to $3.71M in 2022.

Exports from Gambia (Flag) to South Korea (Flag) (2022)

Exports from South Korea (Flag) to Gambia (Flag) (2022)

Latest Data

Trade between Gambia (Flag) and South Korea (Flag)

Gambia Exports

South Korea Exports

Market Competitiveness

Color
Gambia
Top Destination
India$52.9M
South Korea
Top Destination
China$150B

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

In 2019, no countries were registered that imported more from Gambia than from South Korea.

In 2021, countries that imported more from South Korea than Gambia were China ($150B), United States ($112B), and Vietnam ($60.7B).

Difference in imports from South Korea (Flag) and Gambia (Flag) (2022)

Comparative Advantage Gambia - South Korea

Flow
Scale

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

During 2022, Gambia had a large net trade with South Korea in the exports of Animal Products ($2.25M), Metals ($2.15M), and Foodstuffs ($148k).

During 2022, South Korea had a large net trade with Gambia in the exports of Transportation ($1.11M), Plastics and Rubbers ($774k), and Machines ($729k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Gambia has comparative advantage over South Korea. Similarly, the more yellow a dot/product is, the more South Korea has comparative advantage over Gambia.

Product Space of Gambia (Flag) and South Korea (Flag) (2022)

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