Gambia

Gambia ranked No. 181 in total trade value through May with a total of $17.25 million. Exports totaled $16.86 million and Imports totaled $398,655, a surplus of $16.46 million.

U.S. trade with Gambia rose to $15.38 million through May

Gambia’s trade with the United States rose to $15.38 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 15.5 percent below its total trade during the same time period last year. U.S. exports to Gambia decreased 16.98 percent while U.S. imports from Gambia rose 157.26 percent. The U.S. surplus with Gambia was $14.59 million.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Charleston; No. 2 Port of Savannah, Ga.; No. 3 Port of New York; No. 4 Port of Baltimore, Md.; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Charleston; No. 2 Port of Savannah, Ga.; No. 3 Port of New York; No. 4 Port of Houston and No. 5 Miami Int’l Airport. In the current time period, the top five accounted for 84.15 percent of Gambia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Charleston fell 18.89 percent to $5.8 million.
    Exports fell 18.89 percent to $5.8 million. There were no imports.
  • Trade with No. 2 Port of Savannah, Ga. fell 11.69 percent to $5.02 million.
    Exports fell 11.69 percent to $5.02 million. There were no imports.
  • Trade with No. 3 Port of New York fell 44.49 percent to $2.13 million.
    Exports fell 44.49 percent to $2.13 million. There were no imports.
  • Trade with No. 4 Port of Baltimore, Md. rose 12.3 percent to $828,049.
    Exports rose 12.3 percent to $828,049. There were no imports.
  • Trade with No. 5 Port of Newark rose 23.34 percent to $735,069.
    Exports rose 21.64 percent to $579,278. Imports rose 30.11 percent to $155,791.

Gambia ranked No. 181 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 184.

Meanwhile, total U.S. trade with the world increased to $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Gambia by value through May were the categories of Chicken and other poultry; Sauces and preparations; mixed condiments; Passenger vehicles; Plastic tableware and other products; and Motor vehicle parts, respectively. They accounted for 86.9 percent of total exports to Gambia.

The value of the top five categories of U.S. imports from Gambia –– Fish fillets, dried, salted or smoked; Frozen fish; Returned exports, without change; Palm oil; and Automatic regulating instruments, parts –– accounted for 78.67 percent of all inbound shipments.

Looking more closely at U.S. exports to Gambia:

  • Chicken and other poultry fell 6.06 percent compared to last year to $7.39 million.
  • Sauces and preparations; mixed condiments fell 27.3 percent compared to last year to $3.22 million.
  • Passenger vehicles fell 7.21 percent compared to last year to $2.31 million.
  • Plastic tableware and other products fell 7.87 percent compared to last year to $1.21 million.
  • Motor vehicle parts fell 41.28 percent compared to last year to $519,624.

Looking more closely at U.S. imports from Gambia:

  • Fish fillets, dried, salted or smoked rose 271.38 percent compared to last year to $135,996.
  • Frozen fish rose 656.57 percent compared to last year to $65,670.
  • Returned exports, without change totaled $41,301. The previous year, there were no imports in this category.
  • Palm oil fell 26.22 percent compared to last year to $36,745.
  • Automatic regulating instruments, parts totaled $33,923. The previous year, there were no imports in this category.

In the latest annual figures available, Gambia recorded $46.55 million in trade with the United States. Total U.S. exports to Gambia were $ 44.99 million and imports from Gambia were $1.55 million. The U.S. surplus with Gambia was $43.44 million.