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Gambia

Gambia ranked No. 184 in total trade value through August with a total of $29.81 million. Exports totaled $29.46 million and Imports totaled $346,610, a surplus of $29.12 million.

January – August 2019

Top Trading Ports

Total Trade: $29.81 million

RankPortTotal YTD
1Port of Charleston $8,350,052
2Port of Savannah, Ga. $7,525,871
3Port of New York $5,540,652
4Port of Houston $1,257,603
5Port of Newark $1,240,598
6Port of Virginia $1,157,296
7Port of Baltimore, Md. $1,137,195
8Miami International Airport $1,106,157
9Port Miami $815,274
10Port of Seattle, Wash. $629,419

U.S. trade with Gambia rose to $29.81 million through August

Gambia’s trade with the United States rose to $29.81 million through the first eight months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 13.06 percent above its total trade during the same time period last year. U.S. exports to Gambia increased 13.18 percent while U.S. imports from Gambia rose 3.8 percent. The U.S. surplus with Gambia was $29.12 million.

Through August, 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 Houston; 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 Virginia and No. 5 Port of Houston. In the current time period, the top five accounted for 80.23 percent of Gambia’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Charleston rose 3.02 percent to $8.35 million.
    Exports rose 3.02 percent to $8.35 million. There were no imports.
  • Trade with No. 2 Port of Savannah, Ga. rose 25.01 percent to $7.53 million.
    Exports rose 25.01 percent to $7.53 million. There were no imports.
  • Trade with No. 3 Port of New York rose 12.35 percent to $5.54 million.
    Exports rose 12.35 percent to $5.54 million. There were no imports.
  • Trade with No. 4 Port of Houston rose 16.16 percent to $1.26 million.
    Exports rose 9.6 percent to $1.19 million. Imports totaled $71,062.
  • Trade with No. 5 Port of Newark rose 38.48 percent to $1.24 million.
    Exports rose 51.85 percent to $1.06 million. Imports fell 7.78 percent to $185,181.

Gambia ranked No. 184 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 186.

Meanwhile, total U.S. trade with the world increased to $2.77 trillion, down 0.32 percent compared to the same period last year. The nation’s exports dropped 0.71 percent to $1.1 trillion; imports dropped 0.07 percent to $1.67 trillion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $575.47 billion, up compared to the same period of last year when the deficit was $568.8 billion.

The top five U.S. exports to Gambia by value through August were the categories of Chicken and other poultry; Sauces and preparations; mixed condiments; Motor vehicles for transporting people; Plastic tableware and other products; and Furniture, parts, respectively. They accounted for 76.21 percent of total exports to Gambia.

The value of the top five categories of U.S. imports from Gambia –– Frozen fish; Palm oil; Fats & Oils, Their Fractions, Fish & Marine M 1504; Salvage; and Fish fillets, dried, salted or smoked –– accounted for 70.7 percent of all inbound shipments.

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

  • Chicken and other poultry rose 69.36 percent compared to last year to $9.44 million.
  • Sauces and preparations; mixed condiments fell 15.16 percent compared to last year to $5.51 million.
  • Motor vehicles for transporting people fell 28.64 percent compared to last year to $3.91 million.
  • Plastic tableware and other products fell 15.75 percent compared to last year to $1.83 million.
  • Furniture, parts rose 73.89 percent compared to last year to $1.76 million.

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

  • Frozen fish rose 491.23 percent compared to last year to $65,899.
  • Palm oil rose 146.18 percent compared to last year to $55,886.
  • Fats & Oils, Their Fractions, Fish & Marine M 1504 totaled $49,187. The previous year, there were no imports in this category.
  • Salvage rose 52.87 percent compared to last year to $37,459.
  • Fish fillets, dried, salted or smoked fell 70.61 percent compared to last year to $36,619.

In the latest annual figures available, Gambia recorded $40.25 million in trade with the United States. At year’s end, its were Charleston; New York City; Atlanta/Savannah; New Orleans; and Norfolk. Total U.S. exports to Gambia were $ 39.24 million and imports from Gambia were $1.01 million. The U.S. surplus with Gambia was $38.23 million.