Portugal (PRT) and Gambia (GMB) Trade | The Observatory of Economic Complexity

About

Portugal-Gambia In 2022, Portugal exported $3.63M to Gambia. The main products that Portugal exported to Gambia are Building Stone ($1.5M), Eggs ($525k), and Machinery Having Individual Functions ($202k). During the last 27 years the exports of Portugal to Gambia have increased at an annualized rate of 16.2%, from $62.6k in 1995 to $3.63M in 2022.

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

Gambia-Portugal In 2022, Gambia exported $9.02M to Portugal. The main products that Gambia exported to Portugal were Molluscs ($4.29M), Processed Crustaceans ($1.73M), and Crustaceans ($1.63M). During the last 27 years the exports of Gambia to Portugal have increased at an annualized rate of 15.4%, from $188k in 1995 to $9.02M in 2022.

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

Comparison In 2022, Portugal ranked 40 in the Economic Complexity Index (ECI 0.58), and 48 in total exports ($81.7B). That same year, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Latest Trends

January, 2024

About

Overview In January 2024, Portugal exported €89.5k and imported €160k from Gambia, resulting in a negative trade balance of €70.5k. Between January 2023 and January 2024 the exports of Portugal have decreased by €-247k (-73.4%) from €336k to €89.5k, while imports decreased by €-315k (-66.4%) from €475k to €160k.

Trade In January 2024, the top exports of Portugal to Gambia were Furniture, bedding, lamps, & prefab buildings (€90.6k), Used clothes & textile articles (€58k), Carpets & textile floor covers (€45.6k), Animal or vegetable fats, oils, &... (€30.3k), and Paper articles (€22.3k). In January 2024 the top imports of Portugal from Gambia were Fish, crustaceans, & molluscs (€475k), Precious stones, metals, & pearls (€4), Live animals (€0), Meat & edible offal (€0), and Edible products of animal origin, n.e.s. (€0).

Growth In January 2024, the decrease in Portugal's year-by-year exports to Gambia was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts (€-37.5k or -81.2%), Beverages, spirits, & vinegar (€-32.2k or -100%), and Electrical machinery and electronics (€-30.7k or -99.1%). In January 2024, the decrease in Portugal's year-by-year imports from Gambia was explained primarily by an decrease in product imports in Fish, crustaceans, & molluscs (€-41.3k or -8%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)€-247k(-73.4%)

IMPORT GROWTH (January 2023 - January 2024)€-315k(-66.4%)

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

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

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Portugal exported $3.63M to Gambia. The main products exported from Portugal to Gambia were Building Stone ($1.5M), Eggs ($525k), and Machinery Having Individual Functions ($202k). During the last 27 years the exports of Portugal to Gambia have increased at an annualized rate of 16.2%, from $62.6k in 1995 to $3.63M in 2022.

In 2022, Gambia exported $9.02M to Portugal. The main products exported from Gambia to Portugal were Molluscs ($4.29M), Processed Crustaceans ($1.73M), and Crustaceans ($1.63M). During the last 26 years the exports of Gambia to Portugal have increased at an annualized rate of 15.4%, from $188k in 1996 to $9.02M in 2022.

Exports from Portugal () to Gambia () (2022)

Exports from Gambia () to Portugal () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Portugal
Top DestinationSpain$20.5B

Gambia
Top DestinationIndia$52.9M

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

In 2021, countries that imported more from Portugal than Gambia were Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2021, countries that imported more from Gambia than Portugal were Guyana ($1.73M).

Difference in imports from Gambia () and Portugal () (2022)

Comparative Advantage Portugal - Gambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Portugal had a large net trade with Gambia in the exports of Stone And Glass ($1.74M), Animal Products ($559k), and Machines ($556k).

During 2022, Gambia had a large net trade with Portugal in the exports of Animal Products ($7.29M), Foodstuffs ($1.73M), and Stone And Glass ($3.53k).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Portugal has comparative advantage over Gambia. Similarly, the more yellow a dot/product is, the more Gambia has comparative advantage over Portugal.

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Portugal () to Gambia () (2022)

Exports from Gambia () to Portugal () (2022)

Market Competitiveness

Difference in imports from Gambia () and Portugal () (2022)

Comparative Advantage Portugal - Gambia

Economic Complexity

Competitive Landscape

Product Space of Portugal () and Gambia () (2022)

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