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Pricing

2022
Flag → Flag
Exports $23.1MRnk 147 / 218
2022
Flag → Flag
Top Product $4.38MCement
2022
Flag → Flag
Exports $7.43MRnk 6 / 92
2022
Flag → Flag
Top Product $4.42MMolluscs
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag  
GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP GROWTH5.49%CURRENT US$
Rnk 154 / 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 $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186

About

Spain-Gambia Trade: In 2022, Spain exported $23.1M to Gambia. The main products that Spain exported to Gambia were Cement ($4.38M), Unglazed Ceramics ($2.5M), and Flavored Water ($2.01M). Over the past 5 years the exports of Spain to Gambia have decreased at an annualized rate of 7.44%, from $34M in 2017 to $23.1M in 2022.

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

Gambia-Spain Trade: In 2022, Gambia exported $7.43M to Spain. The main products that Gambia exported to Spain were Molluscs ($4.42M), Crustaceans ($1.33M), and Processed Crustaceans ($1.18M). Over the past 5 years the exports of Gambia to Spain have increased at an annualized rate of 25.5%,  from $2.39M in 2017 to $7.43M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). 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, Spain exported €1.93M and imported €624k from Gambia, resulting in a positive trade balance of €1.31M. Between June 2023 and June 2024 the exports of Spain have increased by €934k (93.7%) from €997k to €1.93M, while imports decreased by €-880k (-58.5%) from €1.5M to €624k.

Trade In June 2024, the top exports of Spain to Gambia were Flavored Water (€202k), Used Clothing (€160k), Unglazed Ceramics (€134k), Lighters (€110k), and Cars (€73k). In June 2024 the top imports of Spain from Gambia were Molluscs (€641k), Crustaceans (€245k), Non-fillet Frozen Fish (€4.98k), Liquid Pumps (€598), and Cloves (€66.8).

Origins In June 2024 the exports of Spain were mainly from Barcelona (€742k), Murcia (€284k), Castellón (€213k), Valencia (€162k), and Alicante (€152k), while imports destinations were mainly Alicante (€531k), Sevilla (€82.7k), Guipúzcoa (€6.35k), Pontevedra (€3.08k), and Vizcaya (€56.4).

Growth In June 2024, the increase in Spain's year-by-year exports to Gambia was explained primarily by an increase in product exports in Used Clothing (€72.7k or 83.7%), Flavored Water (€67.3k or 49.8%), and Commodities not elsewhere specified (€47.3k or 249%). In June 2024, the decrease in Spain's year-by-year imports  from Gambia was explained primarily by an decrease in product imports  in Non-fillet Frozen Fish (€-3.2k or -39.1%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (June 2023 - June 2024)€934k(93.7%)
IMPORT GROWTH (June 2023 - June 2024)€-880k(-58.5%)
MAIN EXPORTER (June 2024)Barcelona€742k

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

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

For full datasets download visit Bulk Download page.

Explore Gambia and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $23.1M to Gambia. The main products exported from Spain to Gambia were Cement ($4.38M), Unglazed Ceramics ($2.5M), and Flavored Water ($2.01M). During the last 5 years the exports of Spain to Gambia have decreased at an annualized rate of 7.44%, from $34M in 2017 to $23.1M in 2022.

In 2017, Gambia exported $7.43M to Spain. The main products exported from Gambia to Spain were Molluscs ($4.42M), Crustaceans ($1.33M), and Processed Crustaceans ($1.18M). During the last 5 years the exports of Gambia to Spain have increased at an annualized rate of 25.5%, from $2.39M in 2022 to $7.43M in 2017.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Gambia
Top DestinationIndia$52.9M

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

In 2022, countries that imported more from Spain than Gambia included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

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

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

Comparative Advantage Spain - Gambia

Flow
Scale

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

During 2022, Spain had a large net trade with Gambia in the exports of Mineral Products ($4.45M), Foodstuffs ($3.69M), and Stone And Glass ($2.58M).

During 2017, Gambia had a large net trade with Spain in the exports of Animal Products ($6.23M), Foodstuffs ($1.18M), and Chemical Products ($9.22k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Gambia+$1.13MCars
Top Product Potential Gambia Spain+$2.38MMolluscs

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

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

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