2023
Flag  
GDP
$551BCURRENT US$
Rnk 25 / 195
2013-2023
Flag
GDP GROWTH
127%CURRENT US$
Rnk 7 / 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 
$103,888CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
97.4%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC
$1,706CURRENT US$
Rnk 162 / 196
2013-2023
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GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

Ireland-Senegal Trade: In 2023, Ireland exported $27.5M to Senegal. The main products that Ireland exported to Senegal were Malt Extract ($19.1M), Wood Fiberboard ($1.15M), and Edible Offal ($1.14M). Over the past 5 years the exports of Ireland to Senegal have decreased at an annualized rate of 4.39%, from $34.4M in 2018 to $27.5M in 2023.

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

Senegal-Ireland Trade: In 2023, Senegal exported $1.37M to Ireland. The main products that Senegal exported to Ireland were Chemical Analysis Instruments ($599k), Other Processed Vegetables ($262k), and Tomatoes ($91.8k). Over the past 5 years the exports of Senegal to Ireland have decreased at an annualized rate of 22.3%,  from $4.85M in 2018 to $1.37M in 2023.

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

Comparison: In 2023,  Ireland ranked 17 in the Economic Complexity Index (ECI 1.31), and 29 in total exports ($241B). 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, Ireland exported $27.5M to Senegal. The main products exported from Ireland to Senegal were Malt Extract ($19.1M), Wood Fiberboard ($1.15M), and Edible Offal ($1.14M). During the last 5 years the exports of Ireland to Senegal have decreased at an annualized rate of 4.39%, from $34.4M in 2018 to $27.5M in 2023.

In 2018, Senegal exported $1.37M to Ireland. The main products exported from Senegal to Ireland were Chemical Analysis Instruments ($599k), Other Processed Vegetables ($262k), and Tomatoes ($91.8k). During the last 5 years the exports of Senegal to Ireland have decreased at an annualized rate of 22.3%, from $4.85M in 2023 to $1.37M in 2018.

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

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

Market Competitiveness

Color
Ireland
Top Destination
United States$67.4B
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from Ireland than Senegal included United States ($67.4B), Germany ($26.7B), and United Kingdom ($20.5B).

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

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

Comparative Advantage Ireland - Senegal

Flow
Scale

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

During 2023, Ireland had a large net trade with Senegal in the exports of Foodstuffs ($19.7M), Animal Products ($2.42M), and Machines ($1.18M).

During 2018, Senegal had a large net trade with Ireland in the exports of Instruments ($605k), Foodstuffs ($264k), and Vegetable Products ($223k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Senegal+$928kScented Mixtures
Top Product Potential Senegal Ireland+$237kOther Vegetables

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

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

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