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Pricing

2022
Flag → Flag
Exports $48.3kRnk 36 / 92
2022
Flag → Flag
Top Product $48.3kNon-fillet Frozen Fish
2022
Flag → Flag
Exports $1.62MRnk 121 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC $840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Gambia-Burkina Faso Trade: In 2022, Gambia exported $48.3k to Burkina Faso. The main products that Gambia exported to Burkina Faso were Non-fillet Frozen Fish ($48.3k). Over the past 8 years the exports of Gambia to Burkina Faso have decreased at an annualized rate of 4.97%, from $72.6k in 2014 to $48.3k in 2022.

In 2022, Gambia did not export any services to Burkina Faso.

Burkina Faso-Gambia Trade: In 2022, Burkina Faso exported $1.62M to Gambia. The main products that Burkina Faso exported to Gambia were N/A. Over the past 8 years the exports of Burkina Faso to Gambia have increased at an annualized rate of 54.2%,  from $186k in 2014 to $1.62M in 2022.

In 2022, Burkina Faso did not export any services to Gambia.

Comparison In 2022,  Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index. That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Gambia exported $48.3k to Burkina Faso. The main products exported from Gambia to Burkina Faso were Non-fillet Frozen Fish ($48.3k). During the last 8 years the exports of Gambia to Burkina Faso have decreased at an annualized rate of 4.97%, from $72.6k in 2014 to $48.3k in 2022.

In 2016, Burkina Faso exported $1.62M to Gambia. There were not main exports from Burkina Faso to Gambia in 2016. During the last 5 years the exports of Burkina Faso to Gambia have increased at an annualized rate of 54.2%, from $186k in 2021 to $1.62M in 2016.

Exports from Gambia (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Gambia (Flag) (2022)

Market Competitiveness

Color
Gambia
Top DestinationIndia$52.9M
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Gambia than Burkina Faso included Chile ($11.1M), Chinese Taipei ($6.72M), and Portugal ($9.02M).

In 2022, countries that imported more from Burkina Faso than Gambia included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

Difference in imports from Burkina Faso (Flag) and Gambia (Flag) (2022)

Comparative Advantage Gambia - Burkina Faso

Flow
Scale

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

During 2022, Gambia had a large net trade with Burkina Faso in the exports of Animal Products ($48.3k).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gambia Burkina Faso+$47.5kNon-fillet Frozen Fish
Top Product Potential Burkina Faso Gambia+$1.57kCement

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

Product Space of Gambia (Flag) and Burkina Faso (Flag) (2022)

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