2023
Flag  
GDP
$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH
25.3%CURRENT US$
Rnk 125 / 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 
$99,565CURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP PC GROWTH
14%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC
$1,706CURRENT US$
Rnk 162 / 196
2013-2023
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GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

Switzerland-Senegal Trade: In 2023, Switzerland exported $67.5M to Senegal. The main products that Switzerland exported to Senegal were Petroleum Gas ($11.6M), Refined Petroleum ($10.6M), and Air Pumps ($4.55M). Over the past 5 years the exports of Switzerland to Senegal have increased at an annualized rate of 5.49%, from $51.7M in 2018 to $67.5M in 2023.

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

Senegal-Switzerland Trade: In 2023, Senegal exported $625M to Switzerland. The main products that Senegal exported to Switzerland were Gold ($595M), Calcium Phosphates ($11.9M), and Ground Nuts ($6.35M). Over the past 5 years the exports of Senegal to Switzerland have increased at an annualized rate of 2.67%,  from $534M in 2018 to $625M in 2023.

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

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). 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, Switzerland exported $67.5M to Senegal. The main products exported from Switzerland to Senegal were Petroleum Gas ($11.6M), Refined Petroleum ($10.6M), and Air Pumps ($4.55M). During the last 5 years the exports of Switzerland to Senegal have increased at an annualized rate of 5.49%, from $51.7M in 2018 to $67.5M in 2023.

In 2018, Senegal exported $625M to Switzerland. The main products exported from Senegal to Switzerland were Gold ($595M), Calcium Phosphates ($11.9M), and Ground Nuts ($6.35M). During the last 5 years the exports of Senegal to Switzerland have increased at an annualized rate of 2.67%, from $534M in 2023 to $625M in 2018.

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

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

Latest Data

Trade between Switzerland (Flag) and Senegal (Flag)

Switzerland Exports

Senegal Exports

Market Competitiveness

Color
Switzerland
Top Destination
Germany$53.8B
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from Switzerland than Senegal included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

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

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

Comparative Advantage Switzerland - Senegal

Flow
Scale

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

During 2023, Switzerland had a large net trade with Senegal in the exports of Mineral Products ($22.4M), Machines ($12.1M), and Chemical Products ($8.94M).

During 2018, Senegal had a large net trade with Switzerland in the exports of Precious Metals ($596M), Mineral Products ($11.9M), and Vegetable Products ($9.48M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Senegal+$4.44MRefined Petroleum
Top Product Potential Senegal Switzerland+$24.3MGold

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

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

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