Viet Nam-Gambia Bilateral Trade Analysis 2023
Complete trade statistics: $838,678 total volume •Viet Nam deficit: $838,678
Viet Nam → Gambia
$0
Exports (2023)
Gambia → Viet Nam
$838,678
Imports (2023)
Trade Balance
$838,678
Deficit for Viet Nam
Total Trade
$838,678
Combined Volume
Trade Flow Visualization
Direct trade relationship between Viet Nam and Gambia. Green line shows exports from Viet Nam, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Viet Nam-Gambia commercial relationship and competitive positioning in global markets.
Viet Nam → Gambia Exports
Export Market Intelligence
🎯 Strategic Export Focus
Viet Nam's export portfolio to Gambia demonstrates strategic specialization, with spices: pepper (of the genus piper), crushed or ground representing a key competitive advantage in this bilateral market.
Gambia → Viet Nam Imports
Import Dependency Profile
📦 Import Strategy Analysis
Viet Nam's import pattern from Gambia reveals significant dependencyin nuts, edible: cashew nuts, fresh or dried, in shell, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Viet Nam demonstrates competitive strength in exportingspices: pepper (of the genus piper), crushed or ground to Gambia, 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: Viet Nam-Gambia Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $838.68 thousandrepresenting a significant bilateral economic relationship
- Trade Balance: Viet Nam maintains a deficit of $838.68 thousand
- Export Focus: Viet Nam's primary exports 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
- Import Dependencies: Key imports from Gambia 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
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 Viet Nam leveraging its comparative advantages in spices: pepper (of the genus piper), crushed or ground.
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
Viet Nam's specialization in spices: pepper (of the genus piper), crushed or groundcomplements Gambia's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in nuts, edible: cashew nuts, fresh or dried, in shell.
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 spices: pepper (of the genus piper), crushed or ground and nuts, edible: cashew nuts, fresh or dried, in shell demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Viet Nam's trade deficit of $838.68 thousand impacts 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 Viet Nam and Gambia represents a total trade volume of $838.68 thousand in 2023. This partnership demonstrates an unfavorable trade balance for Viet Nam, with imports exceeding exportsby $838.68 thousand.
Export Strengths
Viet Nam's exports to Gambia total $0.00, with competitive advantages in spices: pepper (of the genus piper), crushed or ground, representing $85,026 orInfinity% of bilateral exports.
Import Dependencies
Imports from Gambia amount to $838.68 thousand, highlighting economic interdependence in nuts, edible: cashew nuts, fresh or dried, in shell, with Nuts, edible: cashew nuts, fresh or dried, in shell comprising63.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Viet Nam's strategic sourcing from Gambia. 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 Viet Nam and Gambia in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023