Gambia (GMB) and New Zealand (NZL) Trade | The Observatory of Economic Complexity

About

Gambia-New Zealand Trade: In 2023, Gambia exported $7.83k to New Zealand. The main products that Gambia exported to New Zealand were Laboratory Glassware ($4.56k) and Locust beans, seaweed, sugar beet, cane, for food ($3.28k). Over the past 5 years the exports of Gambia to New Zealand have decreased at an annualized rate of 32.2%, from $54.6k in 2018 to $7.83k in 2023.

In 2023, Gambia did not export any services to New Zealand.

New Zealand-Gambia Trade: In 2023, New Zealand exported $271k to Gambia. The main products that New Zealand exported to Gambia were Concentrated Milk ($171k), Butter ($97.3k), and Metalworking Machine Parts ($3.01k). Over the past 5 years the exports of New Zealand to Gambia have decreased at an annualized rate of 9.38%, from $444k in 2018 to $271k in 2023.

In 2023, New Zealand 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, New Zealand ranked 43 in the Economic Complexity Index (ECI 0.48), and 61 in total exports ($44.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Gambia exported $7.83k to New Zealand. The main products exported from Gambia to New Zealand were Laboratory Glassware ($4.56k) and Locust beans, seaweed, sugar beet, cane, for food ($3.28k). During the last 5 years the exports of Gambia to New Zealand have decreased at an annualized rate of 32.2%, from $54.6k in 2018 to $7.83k in 2023.

In 2018, New Zealand exported $271k to Gambia. The main products exported from New Zealand to Gambia were Concentrated Milk ($171k), Butter ($97.3k), and Metalworking Machine Parts ($3.01k). During the last 5 years the exports of New Zealand to Gambia have decreased at an annualized rate of 9.38%, from $444k in 2023 to $271k in 2018.

Exports from Gambia () to New Zealand () (2023)

Exports from New Zealand () to Gambia () (2023)

Latest Data

Trade between Gambia () and New Zealand ()

New Zealand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationKazakhstan$2.91B

New Zealand
Top DestinationChina$12.3B

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

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

In 2023, countries that imported more from New Zealand than Gambia included China ($12.3B), United States ($5.42B), and Australia ($5.2B).

Difference in imports from New Zealand () and Gambia () (2023)

Comparative Advantage Gambia - New Zealand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Gambia had a large net trade with New Zealand in the exports of Stone And Glass ($4.56k) and Vegetable Products ($3.28k).

During 2018, New Zealand had a large net trade with Gambia in the exports of Animal Products ($268k) and Machines ($3.63k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia New Zealand+$1.68kRefined Petroleum

Top Product Potential New Zealand Gambia+$194kMalt Extract

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

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to New Zealand () (2023)

Exports from New Zealand () to Gambia () (2023)

Latest Data

Trade between Gambia () and New Zealand ()

New Zealand Exports

Market Competitiveness

Difference in imports from New Zealand () and Gambia () (2023)

Comparative Advantage Gambia - New Zealand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gambia () and New Zealand () (2023)

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