2022
Flag  
GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC 
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186

About

Germany-Senegal Trade: In 2022, Germany exported $294M to Senegal. The main products that Germany exported to Senegal were Iron Pipes ($96.8M), Electric Motors ($10.5M), and Malt Extract ($9.26M). Over the past 5 years the exports of Germany to Senegal have increased at an annualized rate of 13.2%, from $158M in 2017 to $294M in 2022.

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

Senegal-Germany Trade: In 2022, Senegal exported $14.9M to Germany. The main products that Senegal exported to Germany were Crustaceans ($2.93M), Scrap Copper ($1.95M), and Legumes ($1.89M). Over the past 5 years the exports of Senegal to Germany have increased at an annualized rate of 0.12%,  from $14.6M in 2017 to $14.9M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). 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, Germany exported $294M to Senegal. The main products exported from Germany to Senegal were Iron Pipes ($96.8M), Electric Motors ($10.5M), and Malt Extract ($9.26M). During the last 5 years the exports of Germany to Senegal have increased at an annualized rate of 13.2%, from $158M in 2017 to $294M in 2022.

In 2017, Senegal exported $14.9M to Germany. The main products exported from Senegal to Germany were Crustaceans ($2.93M), Scrap Copper ($1.95M), and Legumes ($1.89M). During the last 5 years the exports of Senegal to Germany have increased at an annualized rate of 0.12%, from $14.6M in 2022 to $14.9M in 2017.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$153B
Senegal
Top Destination
Mali$1.13B

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

In 2022, countries that imported more from Germany than Senegal included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Senegal than Germany included Mali ($1.13B), Gambia ($177M), and Guinea-Bissau ($88.4M).

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

Comparative Advantage Germany - Senegal

Flow
Scale

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

During 2022, Germany had a large net trade with Senegal in the exports of Metals ($104M), Machines ($67M), and Chemical Products ($27.9M).

During 2017, Senegal had a large net trade with Germany in the exports of Vegetable Products ($5.53M), Animal Products ($3.95M), and Metals ($2.09M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Senegal+$16.1MCars
Top Product Potential Senegal Germany+$3.31MScrap Copper

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

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

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