Gambia recorded a trade deficit of 4140070 GMD Thousands in March of 2022. source: GBoS - Gambia Bureau of Statistics

Balance of Trade in Gambia averaged -942464.42 GMD Thousands from 1994 until 2022, 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 February of 2023.

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 2023 and -29.20 GMD Thousands in 2024, according to our econometric models.

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Gambia Balance of Trade

Related Last Previous Unit Reference
Balance of Trade -4140070.00 -3197031.00 GMD Thousands Mar 2022
Imports 4316399.00 3291456.00 GMD Thousands Mar 2022
Exports 176329.00 94426.00 GMD Thousands Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-4140070.00 -3197031.00 -18264.00 -6674476.00 1994 - 2022 GMD Thousands Monthly