What goods does Gambia import and export?

Economy of the Gambia

Statistics
Export goods peanuts and peanut products, fish, cotton lint, palm kernels
Main export partners China 57% India 23.2% United Kingdom 8% (2013 est.)
Imports $251 million (f.o.b., 2010)
Import goods foodstuffs, manufactures, fuel, machinery and transport equipment

Where does Gambia export to?

Gambia main exports are: peanuts, fish and cotton. Gambia main export partners are Senegal and Guinea followed by the United Kingdom and China. Others include: Guinea-Bissau, Ghana and India.

What can I export from Nigeria to Gambia?

Nigeria Exports to Gambia Value Year
Soaps, lubricants, waxes, candles, modelling pastes $32.32K 2018
Cocoa and cocoa preparations $25.49K 2018
Vegetable, fruit, nut food preparations $12.37K 2018
Dairy products, eggs, honey, edible products $44.08K 2017

What does the Gambia Produce?

The main agricultural products grown locally are peanuts (groundnuts), rice, millet and sorghum. The main fruits produced include mangoes and cashews. These are also the major cash crops, while rice is the staple crop. Approximately only 38 percent of the total land area of the country or about 430,000 Ha is arable.

What does Gambia import the most?

Imports The top imports of Gambia are Light Pure Woven Cotton ($192M), Rice ($80.7M), Raw Sugar ($79.8M), Passenger and Cargo Ships ($69.6M), and Refined Petroleum ($59.6M), importing mostly from China ($548M), Senegal ($125M), India ($123M), Brazil ($121M), and Turkey ($75.9M).

Is the Gambia a rich country?

The Gambia is classified as one of the least developed countries and is a low-income country. Real GNP per capita growth in the 1990-97 period averaged-0.6 percent a year, so average living standards were falling. SOURCE: United Nations.

What can I import from Nigeria?

What Can Import From Nigeria?

  • Locally Made Weaves (worth over $6 billion a year)
  • Textiles and Garments (generated £32 billion in 2021)
  • Ginger, Honey, Garlic and Nuts ($358 million to Asia and EU in 2021)
  • Cosmetics and Soaps.
  • Palm Kernal Oil.
  • Cocoa.

How do I start a mini export?

How to Start Mini Exportation Trade Business in Nigeria

  1. Here is the Export Prohibition List of the Nigerian Customs:
  2. Finding the right buyers’ contacts.
  3. The Export Contract.
  4. Knowing how to source for high-quality export products.
  5. Having the capital to fulfill demands.
  6. Direct B2B export.
  7. Procurement for Export Agency.

What resources does Gambia have?

The main natural resources of the country are: fish, clay, silica sand, titanium (rutile and ilmenite), tin and zircon. Its main exports are: peanuts, fish, cashew nuts, mango, various vegetables and sesame. The country’s main imports are food, fuel and machinery.

What is Gambia main export?

Exports The top exports of Gambia are Gold ($215M), Coconuts, Brazil Nuts, and Cashews ($28.6M), Non-fillet Frozen Fish ($21.4M), Sawn Wood ($16.7M), and Large Construction Vehicles ($12.8M), exporting mostly to Uganda ($213M), India ($38M), Senegal ($30.9M), China ($27.2M), and Chile ($10.6M).

Who is the richest person in the Gambia?

Self-effacing tycoon, Basiru Jawara, who reportedly made his first million at the age of 18, has for long been touted as the richest man in The Gambia.

What are the top 10 imports?

What Are the Major U.S. Imports?

  • Minerals, fuels, and oil – $241.4 billion.
  • Pharmaceuticals – $116.3 billion.
  • Medical equipment and supplies – $93.4 billion.
  • Furniture, Lighting, and Signs – $72.1 billion.
  • Plastics – $61.9 billion.
  • Gems and precious metals – $60.8 billion.
  • Organic chemicals – $54.6 billion.

What can I sell fast in Nigeria?

These are some electronic products that you can sell online in Nigeria.

  • Television and videos: LED TVs, Smart TVs, Televisions, DVD players, PlayStation.
  • Cameras: Camcorders, digital cameras, video surveillance, projectors.
  • Generators and portable powers: Generators, inverters, solar power, stabilizers.

How do I start an export business for beginners?

To start export business, the following steps may be followed:

  1. Establishing an Organisation.
  2. Opening a Bank Account.
  3. Obtaining Permanent Account Number (PAN)
  4. Obtaining Importer-Exporter Code (IEC) Number.
  5. Registration cum membership certificate (RCMC)
  6. Selection of product.
  7. Selection of Markets.

Can I buy land in Gambia?

Process of Paperwork: The document that initiates the land buying activity in Gambia is the ‘Transfer of Ownership’ form. There are 6 copies and these should be signed by all parties and witnessed. Before you sign this form it must be accompanied 6 plot sketch plans showing the area you wish to purchase.

Previous post What is a checklist in writing?
Next post What is the CHART method?