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2022
Flag → Flag
Exports $25MRnk 161 / 223
2022
Flag → Flag
Top Product $6.31MWheat
2022
Flag → Flag
Exports $797kRnk 17 / 92
2022
Flag → Flag
Top Product $586kNon-Iron and Steel Slag, Ash and Residues
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 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 $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186

About

Germany-Gambia Trade: In 2022, Germany exported $25M to Gambia. The main products that Germany exported to Gambia were Wheat ($6.31M), Cars ($3.96M), and Shaving Products ($1.23M). Over the past 5 years the exports of Germany to Gambia have increased at an annualized rate of 7.55%, from $17.4M in 2017 to $25M in 2022.

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

Gambia-Germany Trade: In 2022, Gambia exported $797k to Germany. The main products that Gambia exported to Germany were Non-Iron and Steel Slag, Ash and Residues ($586k), Percussion ($61.1k), and Broadcasting Equipment ($31.8k). Over the past 5 years the exports of Gambia to Germany have increased at an annualized rate of 23.8%,  from $274k in 2017 to $797k in 2022.

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

Comparison In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78),  and 3 in total exports ($1.6T). That same year, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Latest Trends

June, 2024

About

Overview In June 2024, Germany exported €4.22M and imported €66k from Gambia, resulting in a positive trade balance of €4.15M. Between June 2023 and June 2024 the exports of Germany have increased by €3.4M (413%) from €823k to €4.22M, while imports decreased by €-284k (-81.1%) from €350k to €66k.

Trade In June 2024, the top exports of Germany to Gambia were Perfumes and toilet preparations (€336k), Motor cars and motor caravans (€290k), Pharmaceutical products (€166k), Milk and milk products except butter... (€139k), and Measuring and automatical control instruments (€75k). In June 2024 the top imports of Germany from Gambia were Other raw materials inclusive waste (€39k), Returned goods (€13k), Apparel of wool, other animal hair,... (€1k), Other raw material for chemical products (€0), and Apparel of cotton, excl. of knitted... (€0).

Origins In June 2024 the exports of Germany were mainly from Mecklenburg-Vorpommern (€3.15M), Hamburg (€229k), Lower Saxony (€161k), Saxony (€147k), and Rhineland-Pfalz (€92k), while imports destinations were mainly Bavaria (€63k), Baden-Württemberg (€3k), Berlin (€0), Brandenburg (€0), and Bremen (€0).

Growth In June 2024, the increase in Germany's year-by-year exports to Gambia was explained primarily by an increase in product exports in Perfumes and toilet preparations (€146k or 76.8%), Pharmaceutical products (€137k or 472%), and Milk and milk products except butter... (€114k or 456%). In June 2024, the decrease in Germany's year-by-year imports  from Gambia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (June 2023 - June 2024)€3.4M(413%)
IMPORT GROWTH (June 2023 - June 2024)€-284k(-81.1%)
MAIN EXPORTER (June 2024)Mecklenburg-Vorpommern€3.15M

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

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

For full datasets download visit Bulk Download page.

Explore Gambia and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $25M to Gambia. The main products exported from Germany to Gambia were Wheat ($6.31M), Cars ($3.96M), and Shaving Products ($1.23M). During the last 5 years the exports of Germany to Gambia have increased at an annualized rate of 7.55%, from $17.4M in 2017 to $25M in 2022.

In 2017, Gambia exported $797k to Germany. The main products exported from Gambia to Germany were Non-Iron and Steel Slag, Ash and Residues ($586k), Percussion ($61.1k), and Broadcasting Equipment ($31.8k). During the last 5 years the exports of Gambia to Germany have increased at an annualized rate of 23.8%, from $274k in 2022 to $797k in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Gambia
Top DestinationIndia$52.9M

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

In 2022, countries that imported more from Germany than Gambia included United States ($153B), France ($120B), and China ($109B).

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

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

Comparative Advantage Germany - Gambia

Flow
Scale

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

During 2022, Germany had a large net trade with Gambia in the exports of Vegetable Products ($6.33M), Transportation ($5.73M), and Machines ($4.51M).

During 2017, Gambia had a large net trade with Germany in the exports of Mineral Products ($588k), Machines ($75.1k), and Instruments ($61.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Gambia+$3.7MCars
Top Product Potential Gambia Germany+$518kPrecious Metal Scraps

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

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

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