2023
Flag  
GDP
$268BCURRENT US$
Rnk 49 / 195
2013-2023
Flag
GDP GROWTH
33%CURRENT US$
Rnk 108 / 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 
$7,907CURRENT US$
Rnk 97 / 195
2013-2023
Flag
GDP PC GROWTH
17.2%CURRENT US$
Rnk 111 / 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

Peru-Senegal Trade: In 2023, Peru exported $646k to Senegal. The main products that Peru exported to Senegal were Vegetable or Animal Dyes ($195k), Other Oily Seeds ($152k), and Grapes ($134k). Over the past 5 years the exports of Peru to Senegal have decreased at an annualized rate of 20.4%, from $2.02M in 2018 to $646k in 2023.

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

Senegal-Peru Trade: In 2023, Senegal exported $730 to Peru. The main products that Senegal exported to Peru were Broadcasting Equipment ($379), Excavation Machinery ($293), and Plastic Pipes ($58). Over the past 5 years the exports of Senegal to Peru have decreased at an annualized rate of 73.5%,  from $556k in 2018 to $730 in 2023.

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

Comparison: In 2023,  Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B). 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, Peru exported $646k to Senegal. The main products exported from Peru to Senegal were Vegetable or Animal Dyes ($195k), Other Oily Seeds ($152k), and Grapes ($134k). During the last 5 years the exports of Peru to Senegal have decreased at an annualized rate of 20.4%, from $2.02M in 2018 to $646k in 2023.

In 2018, Senegal exported $730 to Peru. The main products exported from Senegal to Peru were Broadcasting Equipment ($379), Excavation Machinery ($293), and Plastic Pipes ($58). During the last 5 years the exports of Senegal to Peru have decreased at an annualized rate of 73.5%, from $556k in 2023 to $730 in 2018.

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

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

Latest Data

Trade between Peru (Flag) and Senegal (Flag)

Peru Exports

Senegal Exports

Market Competitiveness

Color
Peru
Top Destination
China$22.5B
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from Peru than Senegal included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

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

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

Comparative Advantage Peru - Senegal

Flow
Scale

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

During 2023, Peru had a large net trade with Senegal in the exports of Vegetable Products ($290k), Chemical Products ($195k), and Wood Products ($74.2k).

During 2018, Senegal had a large net trade with Peru in the exports of Machines ($672) and Plastics and Rubbers ($58).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Peru Senegal+$241kGrapes
Top Product Potential Senegal Peru+$38.7kNon-fillet Frozen Fish

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

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

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