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Gambia, The Trade Market 2026: Strategic Review & Growth Forecast

Analyzing emerging volume trends, economic shifts, and critical trade data to power your global strategy.

$49.6 m

Trade Market Size

Senegal

Leading source of imports

China

Primary export destination

~17.71%

Market Growth Rate

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Gambia, The Trade Intelligence: Market Data & Insights

AI Insight

The Gambia's trade market exhibits a resilient growth trajectory, marked by a 17.71% growth rate. Although 2024 values corrected from the 2023 spike, the market remains significantly larger than in 2020. Senegal is the dominant strategic partner with a 46.57% share, emphasizing regional integration. Petroleum ether leads both import and export categories, while agricultural products like ground-nuts remain vital. High import values for rice, cement, and vehicles signal robust demand for consumer staples and infrastructure materials, presenting clear indicators for competitive positioning in energy and construction sectors.

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5-Year Export Trend Analysis

AI Insight

Gambia's export value peaked significantly in 2023 at 83.4 million before adjusting to 49.6 million in 2024.
Despite this recent decline, the 2024 export performance remains nearly double the levels recorded in 2020 and 2021, indicating a positive long-term growth trend in the country's export capabilities.

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5-Year Import Growth Trajectory

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Import values showed an extraordinary surge to 2.44 billion in 2023. In 2024, imports normalized to 988 million.
This 2024 figure still represents a substantial 78% increase compared to the 2020 import value of 553 million, reflecting a generally expanding domestic demand over the five-year period.

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Leading Export Products by Value

AI Insight

Petroleum ether is the leading export product in 2024, valued at 13.6 million.
Ground-nuts (combined categories) follow closely as a major agricultural export, totaling over 15.9 million. Other key exports include white and refined sugar (6.9 million) and raw cashew nuts (1.3 million).

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Primary Import Categories by Value

AI Insight

Petroleum ether dominates the import landscape, accounting for 311 million in 2024.
Other critical imports include broken rice (70 million), cement (47 million), and motor vehicles (combined value over 83 million), highlighting significant expenditure on energy, food security, and infrastructure development.

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Key Trading Partners by Volume

FijiTanzaniaWestern SaharaCanadaUnited StatesKazakhstanUzbekistanPapua New GuineaIndonesiaArgentinaChileDemocratic Republic of the CongoSomaliaKenyaSudanChadHaitiDominican RepublicRussia: 11.02%BahamasFalkland IslandsNorwayGreenlandTimor-LesteSouth AfricaLesothoMexicoUruguayBrazilBoliviaPeruColombiaPanamaCosta RicaNicaraguaHondurasEl SalvadorGuatemalaBelizeVenezuelaGuyanaSurinameFranceEcuadorPuerto RicoJamaicaCubaZimbabweBotswanaNamibiaSenegal: 46.57%MaliMauritaniaBeninNigerNigeriaCameroonTogoGhanaCôted'IvoireGuineaGuinea-BissauLiberia: 8.76%Sierra LeoneBurkina FasoCentral African RepublicRepublic of the CongoGabonEquatorial GuineaZambiaMalawiMozambiqueEswatiniAngolaBurundiIsraelLebanonMadagascarPalestineThe GambiaTunisiaAlgeriaJordanUnited Arab EmiratesQatarKuwaitIraqOmanVanuatuCambodiaThailandLao PDRMyanmarVietnamDem. Rep. KoreaRepublic of KoreaMongoliaIndia: 11.15%BangladeshBhutanNepalPakistanAfghanistanTajikistanKyrgyzstanTurkmenistanIranSyriaArmeniaSwedenBelarusUkrainePolandAustriaHungaryMoldovaRomaniaLithuaniaLatviaEstoniaGermanyBulgariaGreeceTurkeyAlbaniaCroatiaSwitzerlandLuxembourgBelgiumNetherlandsPortugalSpainIrelandNew CaledoniaSolomon IslandsNew ZealandAustraliaSri LankaChina: 22.5%TaiwanItalyDenmarkUnited KingdomIcelandAzerbaijanGeorgiaPhilippinesMalaysiaBrunei DarussalamSloveniaFinlandSlovakiaCzech RepublicEritreaJapanParaguayYemenSaudi ArabiaNorthern CyprusCyprusMoroccoEgyptLibyaEthiopiaDjiboutiSomalilandUgandaRwandaBosnia and HerzegovinaMacedoniaSerbiaMontenegroKosovoTrinidad and TobagoSouth SudanRussia: 11.02%Senegal: 46.57%Liberia: 8.76%India: 11.15%China: 22.5%
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Senegal

46.57%
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China

22.5%
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India

11.15%
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Russia

11.02%
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Liberia

8.76%
AI Insight

Senegal is the primary trade partner, commanding a 46.57% market share with 215 million in total trade.
China holds the second position at 22.5%, while India, Russia, and Liberia collectively account for approximately 31% of the trade distribution, showing a concentrated but diverse partner base.

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Year-Over-Year Trade Growth

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17.7%Annual Growth
AI Insight

The market demonstrates a healthy growth rate of 17.71%.
This double-digit growth indicates a strong upward momentum in trade activity, suggesting that the market is expanding and becoming increasingly integrated into global and regional trade networks.

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How to Comply: Gambia, The Trade Regulations Explained

Before Shipment
1. Obtain an Import Declaration Form (IDF). 2. Mandatory Pre-Shipment Inspection (PSI) by Cotecna for specific goods. 3. Secure Phyto-sanitary certificates for agricultural products. 4. Acquire health certificates for animal products. 5. Environmental permits for chemicals.
Documentation Required
1. Commercial Invoice detailing goods and value. 2. Bill of Lading or Air Waybill. 3. Detailed Packing List. 4. Certificate of Origin for preferential tariffs. 5. Import License for restricted items or specific sectors.

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Gambia, The FTA Opportunities: Reduce Tariffs & Expand Markets

Most SMEs overpay because they don't know which FTAs apply. See Gambia, The's trade agreements, check your eligibility, and start saving.

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  • ECOWAS Trade Liberalization Scheme
  • African Continental Free Trade Area (AfCFTA)
  • EU-West Africa Economic Partnership Agreement
  • Global System of Trade Preferences
  • Gambia-Senegal Bilateral Trade Agreement
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Gambia, The Trade in 2026: Strategic Market Forecast for Businesses