The Gambia and China trade volume has reached $570 million, according to data from the Chinese chamber of commerce. 

The figures were shown during an online conference for 60 entrepreneurs from the two nations that aimed at strengthen bilateral trade cooperation. 

 “In 2020, the bilateral trade volume between the two countries reached US $570 million, including US $540 million in exports and US $30 million in imports,” President of China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME),” Zhang Yujing said.

Mechanical and electrical products are the most important category of China’s export to Gambia.

According to the statistics from China’s Customs in 2020, China’s export of mechanical and electrical products to Gambia was US $110 million, a year-on-year increase of 11.6%, much higher than the annual increase of 5.7% of mechanical and electrical products. 

China’s export of mechanical and electrical products to Gambia mainly include motorcycles and spare parts, household appliances, lighting equipment, agricultural machinery. 

In addition, China is also the largest project contractor and the main source of investment in Gambia.

He said that the Chinese chamber of commerce (CCCME) with nearly 10,000 member enterprises and 25 professional industry branches will continue to give full support to its industry and channel advantages to promote China-Gambia bilateral trade. 

Reporting by Adama Makasuba