2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH
9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP
$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH
10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
GDP PC 
$3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH
2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC
$7,803CURRENT US$
Rnk 100 / 196
2013-2023
Flag
GDP PC GROWTH
-15.2%CURRENT US$
Rnk 172 / 195

About

Sri Lanka-Gabon Trade: In 2023, Sri Lanka exported $544k to Gabon. The main products that Sri Lanka exported to Gabon were Non-Knit Men's Suits ($192k), Rubber Apparel ($59.9k), and Activated Carbon ($28.6k). Over the past 5 years the exports of Sri Lanka to Gabon have increased at an annualized rate of 11.9%, from $310k in 2018 to $544k in 2023.

In 2023, Sri Lanka did not export any services to Gabon.

Gabon-Sri Lanka Trade: In 2023, Gabon exported $3.23k to Sri Lanka. The main products that Gabon exported to Sri Lanka were Plastic Housewares ($2.79k), Base Metal Watches ($117), and Light Synthetic Cotton Fabrics ($95). Over the past 5 years the exports of Gabon to Sri Lanka have decreased at an annualized rate of 58.3%,  from $255k in 2018 to $3.23k in 2023.

In 2023, Gabon did not export any services to Sri Lanka.

Comparison: In 2023,  Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). That same year, Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $544k to Gabon. The main products exported from Sri Lanka to Gabon were Non-Knit Men's Suits ($192k), Rubber Apparel ($59.9k), and Activated Carbon ($28.6k). During the last 5 years the exports of Sri Lanka to Gabon have increased at an annualized rate of 11.9%, from $310k in 2018 to $544k in 2023.

In 2018, Gabon exported $3.23k to Sri Lanka. The main products exported from Gabon to Sri Lanka were Plastic Housewares ($2.79k), Base Metal Watches ($117), and Light Synthetic Cotton Fabrics ($95). During the last 5 years the exports of Gabon to Sri Lanka have decreased at an annualized rate of 58.3%, from $255k in 2023 to $3.23k in 2018.

Exports from Sri Lanka (Flag) to Gabon (Flag) (2023)

Exports from Gabon (Flag) to Sri Lanka (Flag) (2023)

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$2.98B
Gabon
Top Destination
China$2.77B

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 2023, countries that imported more from Sri Lanka than Gabon included United States ($2.98B), Germany ($906M), and United Kingdom ($900M).

In 2023, countries that imported more from Gabon than Sri Lanka included China ($2.77B), Indonesia ($875M), and Republic of the Congo ($574M).

Difference in imports from Gabon (Flag) and Sri Lanka (Flag) (2023)

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 2023, Sri Lanka had a large net trade with Gabon in the exports of Textiles ($245k), Plastics and Rubbers ($106k), and Transportation ($31k).

During 2018, Gabon had a large net trade with Sri Lanka in the exports of Plastics and Rubbers ($2.79k), Machines ($218), and Instruments ($117).

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) (2023)

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