2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 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 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 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

India-Senegal Trade: In 2023, India exported $1.01B to Senegal. The main products that India exported to Senegal were Rice ($361M), Special Purpose Ships ($106M), and Packaged Medicaments ($65.4M). Over the past 5 years the exports of India to Senegal have increased at an annualized rate of 10.5%, from $611M in 2018 to $1.01B in 2023.

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

Senegal-India Trade: In 2023, Senegal exported $681M to India. The main products that Senegal exported to India were Phosphoric Acid ($489M), Coconuts, Brazil Nuts, and Cashews ($83M), and Calcium Phosphates ($36.3M). Over the past 5 years the exports of Senegal to India have increased at an annualized rate of 3.17%,  from $583M in 2018 to $681M in 2023.

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

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). 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, India exported $1.01B to Senegal. The main products exported from India to Senegal were Rice ($361M), Special Purpose Ships ($106M), and Packaged Medicaments ($65.4M). During the last 5 years the exports of India to Senegal have increased at an annualized rate of 10.5%, from $611M in 2018 to $1.01B in 2023.

In 2018, Senegal exported $681M to India. The main products exported from Senegal to India were Phosphoric Acid ($489M), Coconuts, Brazil Nuts, and Cashews ($83M), and Calcium Phosphates ($36.3M). During the last 5 years the exports of Senegal to India have increased at an annualized rate of 3.17%, from $583M in 2023 to $681M in 2018.

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

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

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from India than Senegal included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

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

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

Comparative Advantage India - Senegal

Flow
Scale

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

During 2023, India had a large net trade with Senegal in the exports of Vegetable Products ($372M), Transportation ($150M), and Chemical Products ($115M).

During 2018, Senegal had a large net trade with India in the exports of Chemical Products ($489M), Vegetable Products ($84.1M), and Metals ($62.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Senegal+$25.3MRefined Petroleum
Top Product Potential Senegal India+$11.9MCalcium Phosphates

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

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

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