2023
Flag  
GDP
$40.9BCURRENT US$
Rnk 102 / 195
2013-2023
Flag
GDP GROWTH
84.6%CURRENT US$
Rnk 26 / 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 
$1,378CURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP PC GROWTH
71.5%CURRENT US$
Rnk 24 / 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

Nepal-Senegal Trade: In 2022, Nepal exported $4.18k to Senegal. The main products that Nepal exported to Senegal were N/A. Over the past 10 years the exports of Nepal to Senegal have decreased at an annualized rate of 15.2%, from $21.9k in 2012 to $4.18k in 2022.

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

Senegal-Nepal Trade: In 2022, Senegal exported $13.4k to Nepal. The main products that Senegal exported to Nepal were N/A. Over the past 10 years the exports of Senegal to Nepal have increased at an annualized rate of 12.9%,  from $7.3k in 2012 to $13.4k in 2022.

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

Comparison In 2023,  Nepal ranked 156 in total exports ($1.21B), and does not have data regarding Economic Complexity Index. 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 2022, Nepal exported $4.18k to Senegal. There were not main exports from Nepal to Senegal in 2022. During the last 10 years the exports of Nepal to Senegal have decreased at an annualized rate of 15.2%, from $21.9k in 2012 to $4.18k in 2022.

In 2017, Senegal exported $13.4k to Nepal. There were not main exports from Senegal to Nepal in 2017. During the last 5 years the exports of Senegal to Nepal have increased at an annualized rate of 12.9%, from $7.3k in 2022 to $13.4k in 2017.

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

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

Latest Data

Trade between Nepal (Flag) and Senegal (Flag)

Senegal Exports

Date

Market Competitiveness

Color
Nepal
Top Destination
India$811M
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from Nepal than Senegal included India ($811M), Germany ($38.8M), and Canada ($11.1M).

In 2023, countries that imported more from Senegal than Nepal included Mali ($1.22B), Switzerland ($625M), and China ($310M).

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

Comparative Advantage Nepal - Senegal

Flow
Scale

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

During 2022, Nepal had a large net trade with Senegal in the exports of .

During 2017, Senegal had a large net trade with Nepal in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Nepal Senegal+$7.02kKnotted Carpets
Top Product Potential Senegal Nepal+$5.7kOther Furniture

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

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

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