2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP
$2.4BCURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$888CURRENT US$
Rnk 181 / 196
2013-2023
Flag
GDP PC GROWTH
35.8%CURRENT US$
Rnk 68 / 195

About

Philippines-Gambia Trade: In 2023, Philippines exported $30.1k to Gambia. The main products that Philippines exported to Gambia were Telephones ($12.5k), Fruit Juice ($11.6k), and Other Processed Fruits and Nuts ($2.84k). Over the past 5 years the exports of Philippines to Gambia have decreased at an annualized rate of 9.24%, from $48.9k in 2018 to $30.1k in 2023.

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

Gambia-Philippines Trade: In 2023, Gambia exported $3.68k to Philippines. The main products that Gambia exported to Philippines were Broadcasting Equipment ($2.27k), Video Displays ($1.19k), and Telephones ($168). Over the past 5 years the exports of Gambia to Philippines have decreased at an annualized rate of 10.9%,  from $6.55k in 2018 to $3.68k in 2023.

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

Comparison In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64),  and 42 in total exports ($101B). 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
Value

In 2023, Philippines exported $30.1k to Gambia. The main products exported from Philippines to Gambia were Telephones ($12.5k), Fruit Juice ($11.6k), and Other Processed Fruits and Nuts ($2.84k). During the last 5 years the exports of Philippines to Gambia have decreased at an annualized rate of 9.24%, from $48.9k in 2018 to $30.1k in 2023.

In 2018, Gambia exported $3.68k to Philippines. The main products exported from Gambia to Philippines were Broadcasting Equipment ($2.27k), Video Displays ($1.19k), and Telephones ($168). During the last 5 years the exports of Gambia to Philippines have decreased at an annualized rate of 10.9%, from $6.55k in 2023 to $3.68k in 2018.

Exports from Philippines (Flag) to Gambia (Flag) (2023)

Exports from Gambia (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Gambia
Top Destination
Kazakhstan$2.91B

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

In 2023, countries that imported more from Philippines than Gambia included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Difference in imports from Gambia (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - Gambia

Flow
Scale

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

During 2023, Philippines had a large net trade with Gambia in the exports of Foodstuffs ($14.5k), Machines ($14.4k), and Transportation ($1.21k).

During 2018, Gambia had a large net trade with Philippines in the exports of Machines ($3.68k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Gambia+$1.97kInsulated Wire
Top Product Potential Gambia Philippines+$2.13kMolluscs

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

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

Product Space of Philippines (Flag) and Gambia (Flag) (2023)

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