2023
Flag  
GDP
$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH
18.8%CURRENT US$
Rnk 144 / 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 
$54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH
15.1%CURRENT US$
Rnk 118 / 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

Germany-Senegal Trade: In 2023, Germany exported $278M to Senegal. The main products that Germany exported to Senegal were Iron Pipes ($42.2M), Special purpose motor vehicles ($18.2M), and Electric Motors ($12M). Over the past 5 years the exports of Germany to Senegal have increased at an annualized rate of 7.87%, from $190M in 2018 to $278M in 2023.

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

Senegal-Germany Trade: In 2023, Senegal exported $17.9M to Germany. The main products that Senegal exported to Germany were Tropical Fruits ($3.09M), Tomatoes ($2.28M), and Raw Cotton ($2.11M). Over the past 5 years the exports of Senegal to Germany have decreased at an annualized rate of 6.94%,  from $25.6M in 2018 to $17.9M in 2023.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). 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, Germany exported $278M to Senegal. The main products exported from Germany to Senegal were Iron Pipes ($42.2M), Special purpose motor vehicles ($18.2M), and Electric Motors ($12M). During the last 5 years the exports of Germany to Senegal have increased at an annualized rate of 7.87%, from $190M in 2018 to $278M in 2023.

In 2018, Senegal exported $17.9M to Germany. The main products exported from Senegal to Germany were Tropical Fruits ($3.09M), Tomatoes ($2.28M), and Raw Cotton ($2.11M). During the last 5 years the exports of Senegal to Germany have decreased at an annualized rate of 6.94%, from $25.6M in 2023 to $17.9M in 2018.

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

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

Market Competitiveness

Color
Germany
Top Destination
United States$157B
Senegal
Top Destination
Mali$1.22B

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 2023, countries that imported more from Germany than Senegal included United States ($157B), France ($118B), and Netherlands ($108B).

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

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

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 2023, Germany had a large net trade with Senegal in the exports of Machines ($79.5M), Metals ($47.4M), and Transportation ($36.9M).

During 2018, Senegal had a large net trade with Germany in the exports of Vegetable Products ($9.02M), Animal Products ($2.51M), and Textiles ($2.13M).

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) (2023)

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