2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
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 GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
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GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 186
2022
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GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
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GDP PC
$840CURRENT US$
Rnk 172 / 186
2012-2022
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GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

Sri Lanka-Gambia Trade: In 2022, Sri Lanka exported $3.55M to Gambia. The main products that Sri Lanka exported to Gambia were Tea ($1.64M), Refined Petroleum ($888k), and Baked Goods ($819k). Over the past 5 years the exports of Sri Lanka to Gambia have increased at an annualized rate of 14.8%, from $1.79M in 2017 to $3.55M in 2022.

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

Gambia-Sri Lanka Trade: In 2022, Gambia exported $3.32k to Sri Lanka. The main products that Gambia exported to Sri Lanka were Nonaqueous Paints ($3.16k), Knit T-shirts ($98), and Other Women's Undergarments ($40). Over the past 5 years the exports of Gambia to Sri Lanka have decreased at an annualized rate of 50.4%,  from $110k in 2017 to $3.32k in 2022.

In 2022, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $3.55M to Gambia. The main products exported from Sri Lanka to Gambia were Tea ($1.64M), Refined Petroleum ($888k), and Baked Goods ($819k). During the last 5 years the exports of Sri Lanka to Gambia have increased at an annualized rate of 14.8%, from $1.79M in 2017 to $3.55M in 2022.

In 2017, Gambia exported $3.32k to Sri Lanka. The main products exported from Gambia to Sri Lanka were Nonaqueous Paints ($3.16k), Knit T-shirts ($98), and Other Women's Undergarments ($40). During the last 5 years the exports of Gambia to Sri Lanka have decreased at an annualized rate of 50.4%, from $110k in 2022 to $3.32k in 2017.

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

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

Latest Data

Trade between Sri Lanka (Flag) and Gambia (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Gambia
Top Destination
India$52.9M

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

In 2022, countries that imported more from Sri Lanka than Gambia included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

In 2022, countries that imported more from Gambia than Sri Lanka included Guyana ($1.73M).

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

Comparative Advantage Sri Lanka - Gambia

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Gambia in the exports of Vegetable Products ($1.67M), Mineral Products ($888k), and Foodstuffs ($820k).

During 2017, Gambia had a large net trade with Sri Lanka in the exports of Chemical Products ($3.16k), Textiles ($138), and Foodstuffs ($9).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Gambia+$1.47kTea
Top Product Potential Gambia Sri Lanka+$1.49kRefined 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 Gambia. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Gambia. Similarly, a dot/product with the flag of Gambia indicates it has a comparative advantage over Sri Lanka.

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

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