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Pricing

2022
Flag → Flag
Exports $70.1kRnk 95 / 129
2022
Flag → Flag
Top Product $35kOther Construction Vehicles
2022
Flag → Flag
Exports $2.37MRnk 61 / 160
2022
Flag → Flag
Top Product $2.23MAnimal Meal and Pellets
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Armenia-Senegal Trade: In 2022, Armenia exported $70.1k to Senegal. The main products that Armenia exported to Senegal were Other Construction Vehicles ($35k), Packaged Medicaments ($32.2k), and Office Machine Parts ($1.51k). Over the past 5 years the exports of Armenia to Senegal have decreased at an annualized rate of 51.5%, from $2.6M in 2017 to $70.1k in 2022.

In 2022, Armenia did not export any services to Senegal.

Senegal-Armenia Trade: In 2022, Senegal exported $2.37M to Armenia. The main products that Senegal exported to Armenia were Animal Meal and Pellets ($2.23M), Broadcasting Equipment ($132k), and Beauty Products ($3.32k). Over the past 5 years the exports of Senegal to Armenia have increased at an annualized rate of 188%,  from $4.18k in 2017 to $2.37M in 2022.

In 2022, Senegal did not export any services to Armenia.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $70.1k to Senegal. The main products exported from Armenia to Senegal were Other Construction Vehicles ($35k), Packaged Medicaments ($32.2k), and Office Machine Parts ($1.51k). During the last 5 years the exports of Armenia to Senegal have decreased at an annualized rate of 51.5%, from $2.6M in 2017 to $70.1k in 2022.

In 2017, Senegal exported $2.37M to Armenia. The main products exported from Senegal to Armenia were Animal Meal and Pellets ($2.23M), Broadcasting Equipment ($132k), and Beauty Products ($3.32k). During the last 5 years the exports of Senegal to Armenia have increased at an annualized rate of 188%, from $4.18k in 2022 to $2.37M in 2017.

Exports from Armenia (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Senegal (Flag)

Armenia Exports

Date

Senegal Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Armenia than Senegal included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

In 2022, countries that imported more from Senegal than Armenia included Mali ($1.13B), India ($1B), and United States ($513M).

Difference in imports from Senegal (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Senegal

Flow
Scale

This chart compares trade between Armenia and Senegal by product, considering products traded by both, Armenia and Senegal.

During 2022, Armenia had a large net trade with Senegal in the exports of Machines ($37.8k) and Chemical Products ($32.2k).

During 2017, Senegal had a large net trade with Armenia in the exports of Foodstuffs ($2.23M), Machines ($132k), and Chemical Products ($3.32k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Senegal+$50.5kPackaged Medicaments
Top Product Potential Senegal Armenia+$68.3kTelephones

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 Armenia and Senegal. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Senegal (Flag) (2022)

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