2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186

About

Sri Lanka-Gabon Trade: In 2022, Sri Lanka exported $140k to Gabon. The main products that Sri Lanka exported to Gabon were Trailers and semi-trailers, not mechanically propelled vehicles ($62.5k), Tea ($47.9k), and Rubber Tires ($24.7k). Over the past 5 years the exports of Sri Lanka to Gabon have decreased at an annualized rate of 12.1%, from $268k in 2017 to $140k in 2022.

In 2022, Sri Lanka did not export any services to Gabon.

Gabon-Sri Lanka Trade: In 2022, Gabon exported $1.05M to Sri Lanka. The main products that Gabon exported to Sri Lanka were Semiconductor Devices ($722k), Veneer Sheets ($326k), and Other Engines ($1.3k). Over the past 5 years the exports of Gabon to Sri Lanka have increased at an annualized rate of 83.7%,  from $50.2k in 2017 to $1.05M in 2022.

In 2022, Gabon did not export any services to Sri Lanka.

Comparison: In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). That same year, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $140k to Gabon. The main products exported from Sri Lanka to Gabon were Trailers and semi-trailers, not mechanically propelled vehicles ($62.5k), Tea ($47.9k), and Rubber Tires ($24.7k). During the last 5 years the exports of Sri Lanka to Gabon have decreased at an annualized rate of 12.1%, from $268k in 2017 to $140k in 2022.

In 2017, Gabon exported $1.05M to Sri Lanka. The main products exported from Gabon to Sri Lanka were Semiconductor Devices ($722k), Veneer Sheets ($326k), and Other Engines ($1.3k). During the last 5 years the exports of Gabon to Sri Lanka have increased at an annualized rate of 83.7%, from $50.2k in 2022 to $1.05M in 2017.

Exports from Sri Lanka (Flag) to Gabon (Flag) (2022)

Exports from Gabon (Flag) to Sri Lanka (Flag) (2022)

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Gabon
Top Destination
China$3.4B

This map shows whether countries import more from Sri Lanka or Gabon. Each country is colored based on the difference in imports they receive from Sri Lanka and Gabon or the difference in the growth in imports.

In 2022, countries that imported more from Sri Lanka than Gabon included United States ($3.52B), United Kingdom ($1.04B), and Germany ($881M).

In 2022, countries that imported more from Gabon than Sri Lanka included China ($3.4B), South Korea ($617M), and Indonesia ($394M).

Difference in imports from Gabon (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Gabon

Flow
Scale

This chart compares trade between Sri Lanka and Gabon by product, considering products traded by both, Sri Lanka and Gabon.

During 2022, Sri Lanka had a large net trade with Gabon in the exports of Transportation ($62.5k), Vegetable Products ($47.9k), and Plastics and Rubbers ($29k).

During 2017, Gabon had a large net trade with Sri Lanka in the exports of Machines ($724k), Wood Products ($326k), and Metals ($161).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Gabon+$1.72kExcavation Machinery
Top Product Potential Gabon Sri Lanka+$3.34kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sri Lanka and Gabon. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Sri Lanka.

Product Space of Sri Lanka (Flag) and Gabon (Flag) (2022)

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