Thailand (THA) and Gambia (GMB) Trade | The Observatory of Economic Complexity

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Thailand-Gambia Trade: In 2023, Thailand exported $12.4M to Gambia. The main products that Thailand exported to Gambia were Rice ($2.43M), Malt Extract ($2.12M), and Uncoated Paper ($1.23M). Over the past 5 years the exports of Thailand to Gambia have decreased at an annualized rate of 10.9%, from $22.1M in 2018 to $12.4M in 2023.

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

Gambia-Thailand Trade: In 2023, Gambia exported $32.9k to Thailand. The main products that Gambia exported to Thailand were Other Cutlery ($16.1k), Other Inedible Animal Products ($4.09k), and Essential Oils ($4.03k). Over the past 5 years the exports of Gambia to Thailand have decreased at an annualized rate of 46.5%, from $1.4M in 2018 to $32.9k in 2023.

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

Comparison In 2023, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). 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, Thailand exported $12.4M to Gambia. The main products exported from Thailand to Gambia were Rice ($2.43M), Malt Extract ($2.12M), and Uncoated Paper ($1.23M). During the last 5 years the exports of Thailand to Gambia have decreased at an annualized rate of 10.9%, from $22.1M in 2018 to $12.4M in 2023.

In 2018, Gambia exported $32.9k to Thailand. The main products exported from Gambia to Thailand were Other Cutlery ($16.1k), Other Inedible Animal Products ($4.09k), and Essential Oils ($4.03k). During the last 5 years the exports of Gambia to Thailand have decreased at an annualized rate of 46.5%, from $1.4M in 2023 to $32.9k in 2018.

Exports from Thailand () to Gambia () (2023)

Exports from Gambia () to Thailand () (2023)

Latest Data

Trade between Thailand () and Gambia ()

Thailand Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$58.5B

Gambia
Top DestinationKazakhstan$2.91B

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

In 2023, countries that imported more from Thailand than Gambia included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

In 2023, countries that imported more from Gambia than Thailand included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and North Korea ($8.03k).

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

Comparative Advantage Thailand - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Thailand had a large net trade with Gambia in the exports of Foodstuffs ($3.55M), Vegetable Products ($2.43M), and Plastics and Rubbers ($1.74M).

During 2018, Gambia had a large net trade with Thailand in the exports of Metals ($16.5k), Chemical Products ($5.2k), and Animal Products ($4.09k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Thailand Gambia+$821kRice

Top Product Potential Gambia Thailand+$54.4kRubberworking Machinery

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

About

Historical Data

Bilateral Trade by Products

Exports from Thailand () to Gambia () (2023)

Exports from Gambia () to Thailand () (2023)

Latest Data

Trade between Thailand () and Gambia ()

Thailand Exports

Market Competitiveness

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

Comparative Advantage Thailand - Gambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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