Singapore (SGP) and Gambia (GMB) Trade | The Observatory of Economic Complexity

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Singapore-Gambia Trade: In 2023, Singapore exported $7.22M to Gambia. The main products that Singapore exported to Gambia were Other Pure Vegetable Oils ($2.49M), Palm Oil ($1M), and Concentrated Milk ($748k). Over the past 5 years the exports of Singapore to Gambia have increased at an annualized rate of 19.2%, from $3.01M in 2018 to $7.22M in 2023.

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

Gambia-Singapore Trade: In 2023, Gambia exported $46.7k to Singapore. The main products that Gambia exported to Singapore were Scrap Iron ($22.5k), Other Non-Metal Removal Machinery ($6.93k), and Coconuts, Brazil Nuts, and Cashews ($5.79k). Over the past 5 years the exports of Gambia to Singapore have increased at an annualized rate of 28.4%, from $13.4k in 2018 to $46.7k in 2023.

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

Comparison In 2023, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B). 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, Singapore exported $7.22M to Gambia. The main products exported from Singapore to Gambia were Other Pure Vegetable Oils ($2.49M), Palm Oil ($1M), and Concentrated Milk ($748k). During the last 5 years the exports of Singapore to Gambia have increased at an annualized rate of 19.2%, from $3.01M in 2018 to $7.22M in 2023.

In 2018, Gambia exported $46.7k to Singapore. The main products exported from Gambia to Singapore were Scrap Iron ($22.5k), Other Non-Metal Removal Machinery ($6.93k), and Coconuts, Brazil Nuts, and Cashews ($5.79k). During the last 5 years the exports of Gambia to Singapore have increased at an annualized rate of 28.4%, from $13.4k in 2023 to $46.7k in 2018.

Exports from Singapore () to Gambia () (2023)

Exports from Gambia () to Singapore () (2023)

Latest Data

Trade between Singapore () and Gambia ()

Singapore Exports

Date

Gambia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Singapore
Top DestinationHong Kong$44.5B

Gambia
Top DestinationKazakhstan$2.91B

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

In 2023, countries that imported more from Singapore than Gambia included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Difference in imports from Gambia () and Singapore () (2023)

Comparative Advantage Singapore - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Singapore had a large net trade with Gambia in the exports of Animal and Vegetable Bi-Products ($3.49M), Animal Products ($1.1M), and Metals ($660k).

During 2018, Gambia had a large net trade with Singapore in the exports of Metals ($23.3k), Machines ($17.4k), and Vegetable Products ($5.79k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Singapore Gambia+$295kTelephones

Top Product Potential Gambia Singapore+N/AN/A

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

About

Historical Data

Bilateral Trade by Products

Exports from Singapore () to Gambia () (2023)

Exports from Gambia () to Singapore () (2023)

Latest Data

Trade between Singapore () and Gambia ()

Singapore Exports

Gambia Exports

Market Competitiveness

Difference in imports from Gambia () and Singapore () (2023)

Comparative Advantage Singapore - Gambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Singapore () and Gambia () (2023)

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