Gambia recorded a trade deficit of 6624217 GMD Thousands in January of 2020. Gambia Balance of Trade - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Balance of Trade in Gambia averaged -782488.28 GMD Thousands from 1994 until 2020, 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.

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. Looking forward, we estimate Balance of Trade in Gambia to stand at -63.46 in 12 months time. In the long-term, the Gambia Balance of Trade is projected to trend around -80.89 GMD Thousands in 2021 and -29.20 GMD Thousands in 2022, according to our econometric models.


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Gambia Balance of Trade

Actual Previous Highest Lowest Dates Unit Frequency
-6624217.00 -2613257.00 -18264.00 -6674476.00 1994 - 2020 GMD Thousands Monthly


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.