2022
Flag  
GDP
$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH
6.06%CURRENT US$
Rnk 151 / 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 
$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH
-3.73%CURRENT US$
Rnk 149 / 186
2022
Flag
GDP PC
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

Sweden-Gambia Trade: In 2022, Sweden exported $3.55M to Gambia. The main products that Sweden exported to Gambia were Cars ($853k), Seats ($484k), and Matches ($391k). Over the past 5 years the exports of Sweden to Gambia have decreased at an annualized rate of 11.9%, from $6.7M in 2017 to $3.55M in 2022.

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

Gambia-Sweden Trade: In 2022, Gambia exported $45.6k to Sweden. The main products that Gambia exported to Sweden were Sowing Seeds ($26.7k), Vaccines, blood, antisera, toxins and cultures ($5.93k), and Percussion ($3.96k). Over the past 5 years the exports of Gambia to Sweden have increased at an annualized rate of 17.6%,  from $20.2k in 2017 to $45.6k in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49),  and 33 in total exports ($194B). 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 2022, Sweden exported $3.55M to Gambia. The main products exported from Sweden to Gambia were Cars ($853k), Seats ($484k), and Matches ($391k). During the last 5 years the exports of Sweden to Gambia have decreased at an annualized rate of 11.9%, from $6.7M in 2017 to $3.55M in 2022.

In 2017, Gambia exported $45.6k to Sweden. The main products exported from Gambia to Sweden were Sowing Seeds ($26.7k), Vaccines, blood, antisera, toxins and cultures ($5.93k), and Percussion ($3.96k). During the last 5 years the exports of Gambia to Sweden have increased at an annualized rate of 17.6%, from $20.2k in 2022 to $45.6k in 2017.

Exports from Sweden (Flag) to Gambia (Flag) (2022)

Exports from Gambia (Flag) to Sweden (Flag) (2022)

Market Competitiveness

Color
Sweden
Top Destination
Germany$19.2B
Gambia
Top Destination
India$52.9M

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

In 2022, countries that imported more from Sweden than Gambia included Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2022, no countries were registered that imported more from Gambia than from Sweden.

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

Comparative Advantage Sweden - Gambia

Flow
Scale

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

During 2022, Sweden had a large net trade with Gambia in the exports of Transportation ($1.02M), Miscellaneous ($886k), and Chemical Products ($529k).

During 2017, Gambia had a large net trade with Sweden in the exports of Vegetable Products ($27.4k), Chemical Products ($9.58k), and Instruments ($3.96k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Gambia+$687kCars
Top Product Potential Gambia Sweden+$15kVaccines, blood, antisera, toxins and cultures

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

Product Space of Sweden (Flag) and Gambia (Flag) (2022)

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