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2022
Flag → Flag
Exports $3.55MRnk 154 / 217
2022
Flag → Flag
Top Product $853kCars
2022
Flag → Flag
Exports $45.6kRnk 38 / 92
2022
Flag → Flag
Top Product $26.7kSowing Seeds
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
Flag
 GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH60.6%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 GROWTH22.4%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.

Latest Trends

July, 2024

About

Overview In July 2024, Sweden exported SEK2.07M and imported SEK1k from Gambia, resulting in a positive trade balance of SEK2.07M. Between July 2023 and July 2024 the exports of Sweden have decreased by SEK-682k (-24.8%) from SEK2.75M to SEK2.07M, while imports decreased by SEK-1k (-50%) from SEK2k to SEK1k.

Trade In July 2024, the top exports of Sweden to Gambia were Cars (SEK502k), Used Clothing (SEK444k), Seats (SEK303k), Other Furniture (SEK148k), and Chemical Analysis Instruments (SEK136k). In July 2024 the top imports of Sweden from Gambia were Knit Women's Suits (SEK3k).

Growth In July 2024, the decrease in Sweden's year-by-year exports to Gambia was explained primarily by an decrease in product exports in Cars (SEK-55k or -9.87%), Hand-Woven Rugs (SEK-17k or -37%), and Mattresses (SEK-12k or -22.6%). In July 2024, the decrease in Sweden's year-by-year imports  from Gambia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)SEK-682k(-24.8%)
IMPORT GROWTH (July 2023 - July 2024)SEK-1k(-50%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Gambia and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Gambia and Sweden Data

Go to Bulk Download

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 DestinationGermany$19.2B
Gambia
Top DestinationIndia$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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