Gambia recorded a trade deficit of 72 million GMD in the first quarter of 2018. Balance of Trade in Gambia averaged -529.56 million GMD from 2006 until 2018, reaching an all time high of -34.70 million GMD in the first quarter of 2013 and a record low of -2051.06 million GMD in the fourth quarter of 2007.

Balance of Trade in Gambia is expected to be 220.80 million GMD 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 -675.06 in 12 months time. In the long-term, the Gambia Balance of Trade is projected to trend around -410.14 million GMD in 2020, according to our econometric models.

Gambia Balance of Trade
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Gambia Trade Last Previous Highest Lowest Unit
Balance of Trade -72.00 -70.15 -34.70 -2051.06 USD Million [+]
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 5.16 101.46 1304.60 5.16 USD Million [+]
Imports 77.16 171.61 2148.28 50.79 USD Million [+]
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 January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-72.00 -70.15 -34.70 -2051.06 2006 - 2018 USD Million Quarterly




Country Last Previous
Argentina 979.00 Nov/18
Australia 1925.00 Nov/18
Brazil 6639.00 Dec/18
Canada -2060.10 Nov/18
China 570.60 Dec/18
Euro Area 18967.90 Nov/18
France -5099.00 Nov/18
Germany 20500.00 Nov/18
India -13080.00 Dec/18
Indonesia -1102.00 Dec/18
Italy 3843.00 Nov/18
Japan -737.30 Nov/18
Mexico -2382.00 Nov/18
Netherlands 6983.00 Nov/18
Russia 19697.00 Oct/18
Saudi Arabia 184673.00 Sep/18
Singapore 1943.12 Dec/18
South Africa 3494.40 Nov/18
South Korea 4558.00 Dec/18
Spain -3836500.00 Oct/18
Switzerland 3071.48 Nov/18
Turkey -651.36 Nov/18
United Kingdom -2904.00 Nov/18
United States -55488.00 Oct/18


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