Gambia recorded a trade deficit of 3146306 GMD Thousands in August of 2021. source: GBoS - Gambia Bureau of Statistics

Balance of Trade in Gambia averaged -889369.73 GMD Thousands from 1994 until 2021, 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. This page provides - Gambia Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Gambia Balance of Trade - values, historical data and charts - was last updated on September of 2021.

Balance of Trade in Gambia is expected to be -69.43 GMD Thousands by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Gambia Balance of Trade is projected to trend around -80.89 GMD Thousands in 2022 and -29.20 GMD Thousands in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Gambia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-3146306.00 -2838020.00 -18264.00 -6674476.00 1994 - 2021 GMD Thousands Monthly

Gambia Trade Last Previous Highest Lowest Unit
Balance of Trade -3146306.00 -2838020.00 -18264.00 -6674476.00 GMD Thousands [+]
Current Account -0.96 -8.80 43.00 -89.11 USD Million [+]
Current Account to GDP -8.60 -5.30 12.10 -37.57 percent of GDP [+]
Imports 3167477.00 2873750.00 6688215.00 18264.00 GMD Thousands [+]
Exports 21171.00 35730.00 362879.00 0.00 GMD Thousands [+]
Terrorism Index 0.00 0.00 0.38 0.00 [+]
Tourist Arrivals 7380.00 6006.00 34596.00 0.00 Persons [+]
Capital Flows 17.44 24.13 90.64 -95.60 USD Million [+]

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.