Colombia (COL) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Colombia-Senegal Trade: In 2023, Colombia exported $14.3M to Senegal. The main products that Colombia exported to Senegal were Cars ($11M), Buses ($1.2M), and Lifting Machinery ($574k). Over the past 5 years the exports of Colombia to Senegal have increased at an annualized rate of 38.9%, from $2.76M in 2018 to $14.3M in 2023.

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

Senegal-Colombia Trade: In 2023, Senegal exported $12.6M to Colombia. The main products that Senegal exported to Colombia were Non-fillet Frozen Fish ($12.2M), Twine and Rope ($120k), and Lubricating Products ($91.6k). Over the past 5 years the exports of Senegal to Colombia have increased at an annualized rate of 10.4%, from $7.72M in 2018 to $12.6M in 2023.

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

Comparison: In 2023, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Colombia exported $14.3M to Senegal. The main products exported from Colombia to Senegal were Cars ($11M), Buses ($1.2M), and Lifting Machinery ($574k). During the last 5 years the exports of Colombia to Senegal have increased at an annualized rate of 38.9%, from $2.76M in 2018 to $14.3M in 2023.

In 2018, Senegal exported $12.6M to Colombia. The main products exported from Senegal to Colombia were Non-fillet Frozen Fish ($12.2M), Twine and Rope ($120k), and Lubricating Products ($91.6k). During the last 5 years the exports of Senegal to Colombia have increased at an annualized rate of 10.4%, from $7.72M in 2023 to $12.6M in 2018.

Exports from Colombia () to Senegal () (2023)

Exports from Senegal () to Colombia () (2023)

Latest Data

Trade between Colombia () and Senegal ()

Colombia Exports

Date

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$14.8B

Senegal
Top DestinationMali$1.22B

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

In 2023, countries that imported more from Colombia than Senegal included United States ($14.8B), Panama ($4.66B), and Netherlands ($2.38B).

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

Difference in imports from Senegal () and Colombia () (2023)

Comparative Advantage Colombia - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Colombia had a large net trade with Senegal in the exports of Transportation ($12.2M), Metals ($611k), and Machines ($597k).

During 2018, Senegal had a large net trade with Colombia in the exports of Animal Products ($12.2M), Chemical Products ($154k), and Textiles ($120k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Colombia Senegal+$4.32MCoal Briquettes

Top Product Potential Senegal Colombia+$1.24MNon-fillet Frozen Fish

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

Year

This visualization shows the product space at the HS4 level with the flags of Colombia and Senegal. This means that a dot/product with the flag of Colombia indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Colombia.

About

Historical Data

Bilateral Trade by Products

Exports from Colombia () to Senegal () (2023)

Exports from Senegal () to Colombia () (2023)

Latest Data

Trade between Colombia () and Senegal ()

Colombia Exports

Senegal Exports

Market Competitiveness

Difference in imports from Senegal () and Colombia () (2023)

Comparative Advantage Colombia - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Colombia () and Senegal () (2023)

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