Gambia Major Export Products and Countries 2014 -2015

Gambia Major Export Products
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In 2015 the value of the Gambia’s total exports dropped from D4.3 billion in 2014 to D3.8 billion in 2015 representing a decrease of 11.4%. This was due to a fall in the value of re-export to the ECOWAS region. This article reviews the Gambia major export products and countries in 2014 and 2015.

For the period under review, the EU and the Asia continued to be the main export Market for Gambian domestic products. The share of exports to EU increased significantly compare to 2014 from 3% to 12%. This increment resulted from the strong exports of Groundnut and Fish and Fishery products to the EU Markets. The share of exports to Asia has also increased from 5% in 2014 to 7% in 2015. However, the share of exports to the ECOWAS region was dropped from 91% in 2014 to 81% in 2015 mainly due drop in re-export trade to the ECOWAS region.

The main domestic exports in 2015 are groundnut products, Cashew, fish and fishery products, fruits and vegetables, iron and steel.

Main domestic exported products (2015)

The main domestically exported products from the Gambia in 2015 were groundnut 32.7%, followed by cashew nuts 20.6%, and then fish and fisheries products (13.6%). These three products accounted for 70% of the total value of Gambia’s domestic exports.

The main domestic export products in 2015

ProductsFOB Value (D'000)As % of Domestic exports
Groundnut and related products( nuts and cake)218,41032.7
Cashew nuts137,48120.6
Fish and fishery products90,66413.6
Animal or vegetable fats and oils52,1837.8
Preparations of vegetables, fruit and nuts 22,2193.3
Beverages, spirits and vinegar7,9631.2
Printed books and newspapers1,7340.3
Preparations of meat, of fish1,4490.2
Iron and steel8650.1

Gambia Export to the ECOWAS Region

The ECOWAS region remained the main market for the Gambia’s exports in 2015, although these were predominantly re-exports. The value of exports to the region decreased from D3.9 billion in 2014 to D3.1 billion constituting a fall of 21%. The main domestic exported products to ECOWAS region was fish and fishery products while the main re-exports product was textiles which constituted 86% of total re-exports to ECOWAS. Other re-export products included wood and articles of wood and dairy products.The main destinations for Gambia’s exports to the ECOWAS region were Mali, Guinea, Senegal, Guinea and Guinea Bissau.

Direction of exports to ECOWAS by country in 2015

CountryFOB Value (D'000)As % of exports
Mali1,839,39359.3
Guinea703,22422.7
Senegal503,52516.2
Guinea-Bissau52,8981.7
Togo1,9370.06
Nigeria9700.03
Benin5680.02
Others3120.01
Total ECOWAS3,102,828100

Main re-exported products to the ECOWAS region in 2015

ProductsFOB Value "D'000)As % of exports
Textiles2,662,37785.8
Wood and Articles of Wood93,0573
Dairy Products91,0272.9
Preparations of Cereals29,8921
Other made up Textile Articles28,4040.9
Miscellaneous Edible Preparations27,6100.9
Preparations of Vegetables, Fruits and Nuts23,2960.8
Coffee, Tea, Mat and Spices16,3710.5
Petroleum Products15,2090.5
Edible Oil12,9820.4
Vehicles and Spare Parts10,5180.3
Electrical Machinery and Equipment and Parts8,1230.3
Preparations of Meat, of Fish 6,9650.2
Iron and Steel5,7320.2
Plastics and Articles thereof5,5840.2
Preparation of Cereals4,6630.2
Machinery and Mechanical Appliances4,1460.1
Sugar and Sugar Confectionery3,1460.1

Gambia Export to the Asia Region

The total value of exports to Asia increased from D205.5 million in 2014 to D253.4 million in 2015 up by 23.3%. This is mainly due to the strong exports of groundnuts and cashew to the Asian region. In addition, the share of exports to Asia as a percentage of total exports increased from 5% in 2014 to 7% in 2015. The main exported products to this market are groundnuts, cashew nuts, fishery products and wood and article of woods. Groundnut exports constituted the highest value at D121 million representing 48% of all the products exported to Asia.

The main export markets in Asia were Vietnam, Singapore, China and India representing 48%, 16.7%, 16.6%, and 15.9% respectively.

Direction of exports to Asia by country in 2015

CountryFOB Value (D'000)As % of exports
Viet Nam121,60948
Singapore42,38816.7
China42,01416.6
India40,41715.9
Thailand2,6531
Israel1,2480.5
United Arab Emirates5540.2
Others1,6190.6
Total Asia253,402100

Main exported products to Asia in 2015

ProductsFOB Value (D'000)As % of exports
Groundnut176,85947.3
Cashew Nuts74,93920
Fish and Fishery Products42,61311.4
Wood and Articles of Wood41,47311.1
Preparations of Vegetables, Fruit and Nuts10,3232.8
Iron and Steel1,5500.4

The Gambia Export to EU Region

The EU remain one of the main destination for the Gambia’s domestic exports which significantly increased from D143.8 million in 2014 to D446.4 million in 2015, up by 210%.This increment is also attributed to the increase in the export of groundnuts to the EU Markets.The share of exports to the EU increased from 3% in 2014 to 12% in 2015. The main exported products to the EU during this period are groundnuts, fish and fisheries products, cashew nuts and groundnut oil. These four products represented 60.3% of all the Gambian products exported to the EU market.

France, Germany, Denmark, United Kingdom and Netherlands were the main export markets in the EU, accounting for 50.4%, 15.4%, 9.7%, 8.0% and 5.7% respectively. These five countries represented 89.2% of the total export to the EU 2015.

Direction of exports to the EU by country in 2015

CountryFOB Value (D'000)As % of exports
France225,19850.4
Germany68,81515.4
Denmark43,1699.7
United Kingdom35,5818
Netherlands25,5935.7
Sweden24,1645.4
Italy11,0932.5
Belgium5,9481.3
Spain3,5990.8
Others3,2420.7
Total EU446,402100

Main exported products to the EU in 2015

ProductsFOB Value (D'000)As % of exports to EU
Groundnut107,72724.1
Fish and Fishery products55,78012.5
Cashew nuts53,64712
Edible oil52,18311.7
Preparations of vegetables8,2521.85
Printed books and newspapers1,7340.39
Wood and articles of wood1930.04
Other made up textile articles1330.03

The Gambia Export to Americas

The total value of exports to the Americas increased in 2015 compare to 2014 from D2.2 billion to 2.5 billion up by 14.5%. This is due to the strong exports of cashew nuts and processed groundnut (groundnut cake) to the Americas. The main export market was United States (96.6%).

Main exported products to Americas in 2015

ProductsFOB Value (D'000)As % of exports
Cashew nuts9,83747.4
Prepared Groundnuts (Cake)8,04338.8
Fish and Fishery Products9244.5
Textiles480.2

The information credit source: MOTIE Trade Information Centre

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