Gambia (GMB) and Thailand (THA) Trade | The Observatory of Economic Complexity

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Gambia-Thailand Trade: In 2022, Gambia exported $407k to Thailand. The main products that Gambia exported to Thailand were Rubberworking Machinery ($395k), Used Clothing ($4.38k), and Ball Bearings ($2.77k). Over the past 5 years the exports of Gambia to Thailand have increased at an annualized rate of 7.17%, from $288k in 2017 to $407k in 2022.

In 2022, Gambia did not export any services to Thailand.

Thailand-Gambia Trade: In 2022, Thailand exported $9.87M to Gambia. The main products that Thailand exported to Gambia were Rice ($3.38M), Malt Extract ($1.97M), and Embroidery ($1.08M). Over the past 5 years the exports of Thailand to Gambia have decreased at an annualized rate of 12.9%, from $26M in 2017 to $9.87M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Gambia exported $407k to Thailand. The main products exported from Gambia to Thailand were Rubberworking Machinery ($395k), Used Clothing ($4.38k), and Ball Bearings ($2.77k). During the last 5 years the exports of Gambia to Thailand have increased at an annualized rate of 7.17%, from $288k in 2017 to $407k in 2022.

In 2017, Thailand exported $9.87M to Gambia. The main products exported from Thailand to Gambia were Rice ($3.38M), Malt Extract ($1.97M), and Embroidery ($1.08M). During the last 5 years the exports of Thailand to Gambia have decreased at an annualized rate of 12.9%, from $26M in 2022 to $9.87M in 2017.

Exports from Gambia () to Thailand () (2022)

Exports from Thailand () to Gambia () (2022)

Latest Data

Trade between Gambia () and Thailand ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gambia
Top DestinationN/AN/A

Thailand
Top DestinationN/AN/A

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

N/A

Difference in imports from Thailand () and Gambia () (2022)

Comparative Advantage Gambia - Thailand

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Gambia had a large net trade with Thailand in the exports of Machines ($398k), Textiles ($4.43k), and Metals ($3.65k).

During 2017, Thailand had a large net trade with Gambia in the exports of Vegetable Products ($3.38M), Foodstuffs ($2.29M), and Plastics and Rubbers ($1.45M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gambia Thailand+$54.4kRubberworking Machinery

Top Product Potential Thailand Gambia+$821kRice

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

About

Historical Data

Bilateral Trade by Products

Exports from Gambia () to Thailand () (2022)

Exports from Thailand () to Gambia () (2022)

Latest Data

Trade between Gambia () and Thailand ()

Thailand Exports

Market Competitiveness

Difference in imports from Thailand () and Gambia () (2022)

Comparative Advantage Gambia - Thailand

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gambia () and Thailand () (2022)

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