Georgia (GEO) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Georgia-Senegal Trade: In 2022, Georgia exported $2.92M to Senegal. The main products that Georgia exported to Senegal were Nitrogenous Fertilizers ($2.47M), Heavy Pure Woven Cotton ($139k), and Fork-Lifts ($53k). Over the past 5 years the exports of Georgia to Senegal have increased at an annualized rate of 0.51%, from $2.85M in 2017 to $2.92M in 2022.

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

Senegal-Georgia Trade: In 2022, Senegal exported $515k to Georgia. The main products that Senegal exported to Georgia were Processed Crustaceans ($363k), Rolled Tobacco ($110k), and Non-fillet Frozen Fish ($42.4k). Over the past 5 years the exports of Senegal to Georgia have increased at an annualized rate of 8.91%, from $111k in 2017 to $515k in 2022.

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

Comparison: In 2022, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Georgia exported $2.92M to Senegal. The main products exported from Georgia to Senegal were Nitrogenous Fertilizers ($2.47M), Heavy Pure Woven Cotton ($139k), and Fork-Lifts ($53k). During the last 5 years the exports of Georgia to Senegal have increased at an annualized rate of 0.51%, from $2.85M in 2017 to $2.92M in 2022.

In 2017, Senegal exported $515k to Georgia. The main products exported from Senegal to Georgia were Processed Crustaceans ($363k), Rolled Tobacco ($110k), and Non-fillet Frozen Fish ($42.4k). During the last 5 years the exports of Senegal to Georgia have increased at an annualized rate of 8.91%, from $111k in 2022 to $515k in 2017.

Exports from Georgia () to Senegal () (2022)

Exports from Senegal () to Georgia () (2022)

Latest Data

Trade between Georgia () and Senegal ()

Georgia Exports

Date

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Georgia
Top DestinationChina$759M

Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Georgia than Senegal included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

In 2022, countries that imported more from Senegal than Georgia included Mali ($1.13B), India ($1B), and Switzerland ($662M).

Difference in imports from Senegal () and Georgia () (2022)

Comparative Advantage Georgia - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Georgia had a large net trade with Senegal in the exports of Chemical Products ($2.48M), Textiles ($143k), and Machines ($70.9k).

During 2017, Senegal had a large net trade with Georgia in the exports of Foodstuffs ($473k) and Animal Products ($42.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Georgia Senegal+$73.1kCars

Top Product Potential Senegal Georgia+$148kRolled Tobacco

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

About

Historical Data

Bilateral Trade by Products

Exports from Georgia () to Senegal () (2022)

Exports from Senegal () to Georgia () (2022)

Latest Data

Trade between Georgia () and Senegal ()

Georgia Exports

Senegal Exports

Market Competitiveness

Difference in imports from Senegal () and Georgia () (2022)

Comparative Advantage Georgia - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Georgia () and Senegal () (2022)

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