2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

Russia-Gambia Trade: In 2021, Russia exported $5.06M to Gambia. The main products that Russia exported to Gambia were N/A. Over the past 5 years the exports of Russia to Gambia have decreased at an annualized rate of 8.27%, from $7.79M in 2016 to $5.06M in 2021.

In 2020, Russia exported services to Gambia worth $12k, with Financial services ($6k) and Other business services ($6k) being the largest in terms of value.

Gambia-Russia Trade: In 2021, Gambia exported $3.75k to Russia. The main products that Gambia exported to Russia were N/A. Over the past 5 years the exports of Gambia to Russia have decreased at an annualized rate of 20.4%,  from $11.7k in 2016 to $3.75k in 2021.

In 2021, Gambia did not export any services to Russia.

Comparison In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43),  and 12 in total exports ($486B). That same year, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Russia exported $5.06M to Gambia. There were not main exports from Russia to Gambia in 2021. During the last 5 years the exports of Russia to Gambia have decreased at an annualized rate of 8.27%, from $7.79M in 2016 to $5.06M in 2021.

In 2016, Gambia exported $3.75k to Russia. There were not main exports from Gambia to Russia in 2016. During the last 5 years the exports of Gambia to Russia have decreased at an annualized rate of 20.4%, from $11.7k in 2021 to $3.75k in 2016.

Exports from Russia (Flag) to Gambia (Flag) (2021)

Exports from Gambia (Flag) to Russia (Flag) (2021)

Market Competitiveness

Color
Russia
Top Destination
N/AN/A
Gambia
Top Destination
N/AN/A

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

N/A

N/A

Difference in imports from Gambia (Flag) and Russia (Flag) (2022)

Comparative Advantage Russia - Gambia

Flow
Scale

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

During 2021, Russia had a large net trade with Gambia in the exports of .

During 2016, Gambia had a large net trade with Russia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Gambia+$3.31kRefined Petroleum
Top Product Potential Gambia Russia+$2.28kScrap Iron

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

Product Space of Russia (Flag) and Gambia (Flag) (2021)

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