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Pricing

2022
Flag → Flag
Exports $19.9MRnk 151 / 222
2022
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Top Product $4.54MVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $475kRnk 20 / 92
2022
Flag → Flag
Top Product $218kCompasses
2022
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Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
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GDP GROWTH60.6%CURRENT US$
Rnk 39 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$840CURRENT US$
Rnk 172 / 186
2012-2022
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GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186

About

Belgium-Gambia In 2022, Belgium exported $19.9M to Gambia. The main products that Belgium exported to Gambia are Vaccines, blood, antisera, toxins and cultures ($4.54M), Cars ($4.06M), and Malt Extract ($1.04M). During the last 23 years the exports of Belgium to Gambia have increased at an annualized rate of 0.56%, from $17.5M in 1999 to $19.9M in 2022.

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

Gambia-Belgium In 2022, Gambia exported $475k to Belgium. The main products that Gambia exported to Belgium were Compasses ($218k), Navigation Equipment ($74.6k), and Office Machine Parts ($52.6k). During the last 23 years the exports of Gambia to Belgium have decreased at an annualized rate of 18.9%, from $58.9M in 1999 to $475k in 2022.

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

Comparison In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25),  and 13 in total exports ($475B). 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, Belgium exported €1.44M and imported €299 from Gambia, resulting in a positive trade balance of €1.44M. Between January 2023 and January 2024 the exports of Belgium have decreased by €-222k (-13.4%) from €1.66M to €1.44M, while imports increased by €194 (185%) from €105 to €299.

Trade In January 2024, the top exports of Belgium to Gambia were Pharmaceutical products (€558k), Cars, tractors, trucks & parts thereof. (€484k), Preparations of cereals, flour, starch or... (€150k), Meat & edible offal (€83.1k), and Iron or steel articles (€74.3k). In January 2024 the top imports of Belgium from Gambia were Inorganic chemicals (€85), Pharmaceutical products (€11), and Wood, wood articles, & charcoal (€9).

Growth In January 2024, the decrease in Belgium's year-by-year exports to Gambia was explained primarily by an decrease in product exports in Used clothes & textile articles (€-348k or -83.7%), Cars, tractors, trucks & parts thereof. (€-75.1k or -13.4%), and Beverages, spirits, & vinegar (€-11.5k or -25.2%). In January 2024, the increase in Belgium's year-by-year imports  from Gambia was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)€-222k(-13.4%)
IMPORT GROWTH (January 2023 - January 2024)€194(185%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $19.9M to Gambia. The main products exported from Belgium to Gambia were Vaccines, blood, antisera, toxins and cultures ($4.54M), Cars ($4.06M), and Malt Extract ($1.04M). During the last 23 years the exports of Belgium to Gambia have increased at an annualized rate of 0.56%, from $17.5M in 1999 to $19.9M in 2022.

In 2022, Gambia exported $475k to Belgium. The main products exported from Gambia to Belgium were Compasses ($218k), Navigation Equipment ($74.6k), and Office Machine Parts ($52.6k). During the last 23 years the exports of Gambia to Belgium have decreased at an annualized rate of 18.9%, from $58.9M in 1999 to $475k in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Gambia
Top DestinationIndia$52.9M

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

In 2021, countries that imported more from Belgium than Gambia were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2019, no countries were registered that imported more from Gambia than from Belgium.

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

Comparative Advantage Belgium - Gambia

Flow
Scale

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

During 2022, Belgium had a large net trade with Gambia in the exports of Transportation ($5.79M), Chemical Products ($4.68M), and Foodstuffs ($3.57M).

During 2022, Gambia had a large net trade with Belgium in the exports of Instruments ($240k), Machines ($179k), and Chemical Products ($54k).

Economic Complexity

Competitive Landscape

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 Belgium has comparative advantage over Gambia. Similarly, the more yellow a dot/product is, the more Gambia has comparative advantage over Belgium.

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

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