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2022
Flag → Flag
Exports $501MRnk 28 / 166
2022
Flag → Flag
Top Product $420MCrude Petroleum
2022
Flag → Flag
Exports $28.2MRnk 28 / 160
2022
Flag → Flag
Top Product $12.7MBeauty Products
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
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Economic Complexity (ECI) ECI -0.48Rnk 83 / 124
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
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 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
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GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
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GDP PC $2,184CURRENT US$
Rnk 146 / 186
2012-2022
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GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186
2022
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GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
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GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Nigeria-Senegal In 2022, Nigeria exported $501M to Senegal. The main products that Nigeria exported to Senegal are Crude Petroleum ($420M), Nitrogenous Fertilizers ($38M), and Raw Sugar ($30.9M). During the last 26 years the exports of Nigeria to Senegal have increased at an annualized rate of 4.62%, from $155M in 1996 to $501M in 2022.

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

Senegal-Nigeria In 2022, Senegal exported $28.2M to Nigeria. The main products that Senegal exported to Nigeria were Beauty Products ($12.7M), Soups and Broths ($7.6M), and Sauces and Seasonings ($1.88M). During the last 26 years the exports of Senegal to Nigeria have increased at an annualized rate of 2.92%, from $13.3M in 1996 to $28.2M in 2022.

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

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Senegal ranked 83 in the Economic Complexity Index (ECI -0.48), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Nigeria exported $501M to Senegal. The main products exported from Nigeria to Senegal were Crude Petroleum ($420M), Nitrogenous Fertilizers ($38M), and Raw Sugar ($30.9M). During the last 26 years the exports of Nigeria to Senegal have increased at an annualized rate of 4.62%, from $155M in 1996 to $501M in 2022.

In 2022, Senegal exported $28.2M to Nigeria. The main products exported from Senegal to Nigeria were Beauty Products ($12.7M), Soups and Broths ($7.6M), and Sauces and Seasonings ($1.88M). During the last 26 years the exports of Senegal to Nigeria have increased at an annualized rate of 2.92%, from $13.3M in 1996 to $28.2M in 2022.

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

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

Latest Data

Trade between Nigeria (Flag) and Senegal (Flag)

Nigeria Exports

Senegal Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Senegal
Top DestinationMali$1.13B

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

In 2021, countries that imported more from Nigeria than Senegal were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Senegal than Nigeria were Mali ($1.13B), Gambia ($177M), and Guinea ($182M).

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

Comparative Advantage Nigeria - Senegal

Flow
Scale

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

During 2022, Nigeria had a large net trade with Senegal in the exports of Mineral Products ($420M), Chemical Products ($38.4M), and Foodstuffs ($34.9M).

During 2022, Senegal had a large net trade with Nigeria in the exports of Chemical Products ($14.2M), Foodstuffs ($9.53M), and Mineral Products ($2.25M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Nigeria has comparative advantage over Senegal. Similarly, the more yellow a dot/product is, the more Senegal has comparative advantage over Nigeria.

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

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