Hong Kong (HKG) and Gambia (GMB) Trade | The Observatory of Economic Complexity

About

Hong Kong-Gambia Trade: In 2023, Hong Kong exported $4.09M to Gambia. The main products that Hong Kong exported to Gambia were Other Furniture ($643k), Cars ($369k), and Office Machine Parts ($303k). Over the past 5 years the exports of Hong Kong to Gambia have increased at an annualized rate of 3.98%, from $3.36M in 2018 to $4.09M in 2023.

In 2023, Hong Kong did not export any services to Gambia.

Gambia-Hong Kong Trade: In 2023, Gambia exported $32k to Hong Kong. The main products that Gambia exported to Hong Kong were Broadcasting Equipment ($15.7k), Telephones ($12.3k), and Office Machine Parts ($3.99k). Over the past 5 years the exports of Gambia to Hong Kong have decreased at an annualized rate of 25.1%, from $136k in 2018 to $32k in 2023.

In 2023, Gambia did not export any services to Hong Kong.

Comparison In 2023, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B). That same year, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Hong Kong exported $4.09M to Gambia. The main products exported from Hong Kong to Gambia were Other Furniture ($643k), Cars ($369k), and Office Machine Parts ($303k). During the last 5 years the exports of Hong Kong to Gambia have increased at an annualized rate of 3.98%, from $3.36M in 2018 to $4.09M in 2023.

In 2018, Gambia exported $32k to Hong Kong. The main products exported from Gambia to Hong Kong were Broadcasting Equipment ($15.7k), Telephones ($12.3k), and Office Machine Parts ($3.99k). During the last 5 years the exports of Gambia to Hong Kong have decreased at an annualized rate of 25.1%, from $136k in 2023 to $32k in 2018.

Exports from Hong Kong () to Gambia () (2023)

Exports from Gambia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Gambia ()

Hong Kong Exports

Date

Gambia Exports

Date

Jul 2017

Jan 2017

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Hong Kong
Top DestinationChina$25.3B

Gambia
Top DestinationKazakhstan$2.91B

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

In 2023, countries that imported more from Hong Kong than Gambia included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

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

Difference in imports from Gambia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Hong Kong had a large net trade with Gambia in the exports of Machines ($1.81M), Miscellaneous ($713k), and Transportation ($469k).

During 2018, Gambia had a large net trade with Hong Kong in the exports of Machines ($32k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Hong Kong Gambia+$771kTelephones

Top Product Potential Gambia Hong Kong+$2.05kMolluscs

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Hong Kong () to Gambia () (2023)

Exports from Gambia () to Hong Kong () (2023)

Latest Data

Trade between Hong Kong () and Gambia ()

Hong Kong Exports

Gambia Exports

Market Competitiveness

Difference in imports from Gambia () and Hong Kong () (2023)

Comparative Advantage Hong Kong - Gambia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Hong Kong () and Gambia () (2023)

Keep Exploring