Gambia recorded a trade deficit of 2080703 GMD Thousands in June of 2019. Balance of Trade in Gambia averaged -729691.13 GMD Thousands from 1994 until 2019, reaching an all time high of -18264 GMD Thousands in March of 1996 and a record low of -6674476 GMD Thousands in September of 2018.

Balance of Trade in Gambia is expected to be -28.99 GMD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Gambia to stand at -57.48 in 12 months time. In the long-term, the Gambia Balance of Trade is projected to trend around -29.20 GMD Thousands in 2020, according to our econometric models.

Gambia Balance of Trade
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Forecast Data Chart
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Gambia Trade Last Previous Highest Lowest Unit
Balance of Trade -2080703.00 -3908148.00 -18264.00 -6674476.00 GMD Thousands [+]
Current Account -7.01 -25.81 43.00 -89.11 USD Million [+]
Current Account to GDP -14.30 -11.40 12.10 -37.57 percent [+]
Exports 106731.00 106731.00 362879.00 0.00 GMD Thousands [+]
Imports 2187434.00 4014879.00 6688215.00 18264.00 GMD Thousands [+]
Terrorism Index 0.00 0.00 0.38 0.00 [+]
Capital Flows 7.53 24.30 58.69 -128.58 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Gambia Balance of Trade

Gambia’s systemic trade deficit is the result of the country’s weak export stance. Re-exports represent over 80 percent of total exports. Gambia is a net importer of fuel and foodstuffs. Gambia exports are: peanuts, fish and cotton. Gambia’s main trading partners are: China (15 percent of exports and 10 percent of exports), United Kingdom and India. Since 2009, Gambia foreign trade records are adjusted for coverage. This page provides - Gambia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-2080703.00 -3908148.00 -18264.00 -6674476.00 1994 - 2019 GMD Thousands Monthly




Country Last Previous
Argentina 1061.00 Jun/19
Australia 8036.00 Jun/19
Brazil 2290.00 Jul/19
Canada 135.80 Jun/19
China 450.50 Jul/19
Euro Area 20611.70 Jun/19
France -5187.00 Jun/19
Germany 16821.00 Jun/19
India -13430.00 Jul/19
Indonesia -60.00 Jul/19
Italy 5728.50 Jun/19
Japan -249.59 Jul/19
Mexico 2561.00 Jun/19
Netherlands 5158.00 Jun/19
Russia 12508.00 Jun/19
Saudi Arabia 131636.00 Mar/19
Singapore 2831.10 Jul/19
South Africa 4419.50 Jun/19
South Korea 2441.00 Jul/19
Spain -2110200.00 May/19
Switzerland 2671.16 Jul/19
Turkey -3177.27 Jun/19
United Kingdom 1779.00 Jun/19
United States -55154.00 Jun/19


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