2023
Flag  
GDP
$512BCURRENT US$
Rnk 29 / 195
2013-2023
Flag
GDP GROWTH
20%CURRENT US$
Rnk 141 / 195
2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC 
$56,034CURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 131 / 195
2023
Flag
GDP PC
$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

Austria-Senegal Trade: In 2023, Austria exported $41M to Senegal. The main products that Austria exported to Senegal were Light Pure Woven Cotton ($22.8M), Flavored Water ($3.06M), and Hydraulic Turbines ($1.92M). Over the past 5 years the exports of Austria to Senegal have decreased at an annualized rate of 3.02%, from $47.8M in 2018 to $41M in 2023.

In 2023, Austria did not export any services to Senegal.

Senegal-Austria Trade: In 2023, Senegal exported $983k to Austria. The main products that Senegal exported to Austria were Iron Structures ($357k), Melons ($341k), and Legume Flours ($83.6k). Over the past 5 years the exports of Senegal to Austria have decreased at an annualized rate of 11.5%,  from $1.81M in 2018 to $983k in 2023.

In 2023, Senegal did not export any services to Austria.

Comparison: In 2023,  Austria ranked 8 in the Economic Complexity Index (ECI 1.56), and 31 in total exports ($204B). That same year, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Austria exported $41M to Senegal. The main products exported from Austria to Senegal were Light Pure Woven Cotton ($22.8M), Flavored Water ($3.06M), and Hydraulic Turbines ($1.92M). During the last 5 years the exports of Austria to Senegal have decreased at an annualized rate of 3.02%, from $47.8M in 2018 to $41M in 2023.

In 2018, Senegal exported $983k to Austria. The main products exported from Senegal to Austria were Iron Structures ($357k), Melons ($341k), and Legume Flours ($83.6k). During the last 5 years the exports of Senegal to Austria have decreased at an annualized rate of 11.5%, from $1.81M in 2023 to $983k in 2018.

Exports from Austria (Flag) to Senegal (Flag) (2023)

Exports from Senegal (Flag) to Austria (Flag) (2023)

Latest Data

Trade between Austria (Flag) and Senegal (Flag)

Austria Exports

Senegal Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$51B
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from Austria than Senegal included Germany ($51B), United States ($18.1B), and Italy ($13.5B).

In 2023, countries that imported more from Senegal than Austria included Mali ($1.22B), Gambia ($210M), and Guinea-Bissau ($157M).

Difference in imports from Senegal (Flag) and Austria (Flag) (2023)

Comparative Advantage Austria - Senegal

Flow
Scale

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

During 2023, Austria had a large net trade with Senegal in the exports of Textiles ($24.8M), Machines ($4.8M), and Foodstuffs ($3.27M).

During 2018, Senegal had a large net trade with Austria in the exports of Vegetable Products ($503k), Metals ($371k), and Instruments ($32.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Senegal+$884kFlavored Water
Top Product Potential Senegal Austria+$52.1kOther Pure Vegetable Oils

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

Product Space of Austria (Flag) and Senegal (Flag) (2023)

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