Country intelligence · GMB · 2024

Gambia trade profile

In 2024, Gambia recorded $163.7M in merchandise exports and $1.8B in imports, producing a $1.6B trade deficit. Exports changed -27.2% from the previous year, while imports changed -17.3%.[1]

Exports

$163.7M

-27.2%

Imports

$1.8B

-17.3%

Trade balance

-$1.6B

deficit

Active partners

270

13 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$163.7M$1.8B-$1.6B-27.2%
2023$224.9M$2.2B-$2.0B+19.5%
2022$188.1M$1.6B-$1.4B-31.1%
2021$273.0M$1.7B-$1.4B-14.5%
2020$319.4M$1.4B-$1.1B+44.4%
2019$221.2M$1.4B-$1.2B+105.6%
2018$107.6M$1.3B-$1.1B-42.6%
2017$187.3M$1.2B-$1.1B+18.6%
2016$157.9M$910.8M-$752.9M+2.4%
2015$154.2M$965.4M-$811.1M-2.7%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 08 · HS chapter

56 active HS6 lines · 11 export partners

$24.0M
2

HS 03 · HS chapter

110 active HS6 lines · 34 export partners

$21.8M
3

HS 26 · HS chapter

3 active HS6 lines · 2 export partners

$18.8M
4

HS 23 · HS chapter

6 active HS6 lines · 6 export partners

$17.9M
5

HS 15 · HS chapter

32 active HS6 lines · 11 export partners

$13.3M
6

HS 27 · Mineral fuels and oils

27 active HS6 lines · 9 export partners

$9.1M
7

HS 12 · HS chapter

40 active HS6 lines · 15 export partners

$8.7M
8

HS 85 · Electrical machinery

257 active HS6 lines · 59 export partners

$7.1M

Leading export markets

Destinations rank bilateral export flows from Gambia; growth describes each corridor rather than the whole economy.

1

China

Annual change +54.4% · 3-year CAGR 12.2%

$54.2M
2

India

Annual change +10.0% · 3-year CAGR 3.6%

$38.0M
3

Mali

Annual change +18.2% · 3-year CAGR -20.4%

$9.4M
4

South Korea

Annual change +15.4% · 3-year CAGR 26.8%

$7.1M
5

Türkiye

Annual change +36.9% · 3-year CAGR 285.2%

$6.5M
6

United Arab Emirates

Annual change +307.1% · 3-year CAGR 66.7%

$6.4M
7

Guinea-Bissau

Annual change -89.2% · 3-year CAGR 106.6%

$6.3M
8

Saudi Arabia

Annual change +30282.1% · 3-year CAGR 571.7%

$4.4M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.