In 2013, the value of merchandise exports of the Gambia decreased substantially by 10.6 percent to reach 106.2 mln US$, while its merchandise imports decreased moderately by 7.8 percent to reach 350.2 mln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a large deficit of 244.0 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at -80.3 mln US$ (see graph 4). Merchandise exports in the Gambia were highly concentrated amongst partners; imports were diversified. The top 3 partners accounted for 80 percent or more of exports and 13 partners accounted for 80 percent or more of imports (see graph 5). In 2012, the value of exports of services of the Gambia increased moderately by 5.4 percent, reaching 151.5 mln US$, while its imports of services increased substantially by 17.3 percent and reached 80.3 mln US$ (see graph 2). There was a large trade in services surplus of 71.2 mln US$. See footnote*.

Related Subject(s): International Trade and Finance
Countries: Gambia
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