Gambia-Viet Nam Bilateral Trade Analysis 2023
Complete trade statistics: $838,678 total volume •Gambia surplus: $838,678
Gambia → Viet Nam
$838,678
Exports (2023)
Viet Nam → Gambia
$0
Imports (2023)
Trade Balance
$838,678
Surplus for Gambia
Total Trade
$838,678
Combined Volume
Trade Flow Visualization
Direct trade relationship between Gambia and Viet Nam. Green line shows exports from Gambia, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Gambia-Viet Nam commercial relationship and competitive positioning in global markets.
Gambia → Viet Nam Exports
Export Market Intelligence
🎯 Strategic Export Focus
Gambia's export portfolio to Viet Nam demonstrates strategic specialization, with nuts, edible: cashew nuts, fresh or dried, in shell representing a key competitive advantage in this bilateral market.
Viet Nam → Gambia Imports
Import Dependency Profile
📦 Import Strategy Analysis
Gambia's import pattern from Viet Nam reveals significant dependencyin spices: pepper (of the genus piper), crushed or ground, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Gambia demonstrates competitive strength in exportingnuts, edible: cashew nuts, fresh or dried, in shell to Viet Nam, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $838,678 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Gambia-Viet Nam Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $838.68 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Gambia maintains a surplus of $838.68 thousand
- Export Focus: Gambia's primary exports include nuts, edible: cashew nuts, fresh or dried, in shell, crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water, ground-nuts: other than seed, not roasted or otherwise cooked, in shell
- Import Dependencies: Key imports from Viet Nam include spices: pepper (of the genus piper), crushed or ground, plates, cylinders and other printing components: lithographic stones prepared for printing purposes (for example, planed, grained or polished), scissors: tailors' shears, similar shears and blades therefore
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $838,678 represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Gambia leveraging its comparative advantages in nuts, edible: cashew nuts, fresh or dried, in shell.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Gambia's specialization in nuts, edible: cashew nuts, fresh or dried, in shellcomplements Viet Nam's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in spices: pepper (of the genus piper), crushed or ground.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $838,678 bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $838,678 bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $838.68 thousand bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in nuts, edible: cashew nuts, fresh or dried, in shell and spices: pepper (of the genus piper), crushed or ground demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Gambia's trade surplus of $838.68 thousand strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Gambia and Viet Nam represents a total trade volume of $838.68 thousand in 2023. This partnership demonstrates a favorable trade balance for Gambia, with exports exceeding importsby $838.68 thousand.
Export Strengths
Gambia's exports to Viet Nam total $838.68 thousand, with competitive advantages in nuts, edible: cashew nuts, fresh or dried, in shell, representing $532,731 or63.5% of bilateral exports.
Import Dependencies
Imports from Viet Nam amount to $0.00, highlighting economic interdependence in spices: pepper (of the genus piper), crushed or ground, with Spices: pepper (of the genus piper), crushed or ground comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Gambia's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Gambia and Viet Nam in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023