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2022
Flag → Flag
Exports $58.8MRnk 69 / 208
2022
Flag → Flag
Top Product $9.74MFlavored Water
2022
Flag → Flag
Exports $19MRnk 34 / 160
2022
Flag → Flag
Top Product $7.31MProcessed Crustaceans
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC $24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Portugal-Senegal Trade: In 2022, Portugal exported $58.8M to Senegal. The main products that Portugal exported to Senegal were Flavored Water ($9.74M), Special Purpose Ships ($7.47M), and Iron Structures ($3.13M). Over the past 5 years the exports of Portugal to Senegal have increased at an annualized rate of 0.014%, from $58.8M in 2017 to $58.8M in 2022.

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

Senegal-Portugal Trade: In 2022, Senegal exported $19M to Portugal. The main products that Senegal exported to Portugal were Processed Crustaceans ($7.31M), Molluscs ($3.04M), and Non-fillet Fresh Fish ($2.47M). Over the past 5 years the exports of Senegal to Portugal have decreased at an annualized rate of 3.66%,  from $22.8M in 2017 to $19M in 2022.

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

Comparison: In 2022,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Latest Trends

August, 2024

About

Overview In August 2024, Portugal exported €2.29M and imported €1.53M from Senegal, resulting in a positive trade balance of €762k. Between August 2023 and August 2024 the exports of Portugal have decreased by €-1.26M (-35.5%) from €3.55M to €2.29M, while imports increased by €360k (30.9%) from €1.17M to €1.53M.

Trade In August 2024, the top exports of Portugal to Senegal were Beverages, spirits, & vinegar (€1.48M), Plastics & articles thereof (€326k), Stone, plaster, cement, asbestos, mica. (€291k), Tobacco & substitutes (€214k), and Paper articles (€210k). In August 2024 the top imports of Portugal from Senegal were Fish, crustaceans, & molluscs (€1.28M), Non-knitted clothing accesories (€120), Footwear (€46), Knitted clothing accesories (€29), and Live animals (€0).

Growth In August 2024, the decrease in Portugal's year-by-year exports to Senegal was explained primarily by an decrease in product exports in Iron or steel articles (€-467k or -84.4%), Ceramic products (€-183k or -80.8%), and Cars, tractors, trucks & parts thereof. (€-168k or -100%). In August 2024, the increase in Portugal's year-by-year imports  from Senegal was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-1.26M(-35.5%)
IMPORT GROWTH (August 2023 - August 2024)€360k(30.9%)

This section shows exports and imports data at subnational level for Portugal. Click any date in the line plot or any product to explore the exports or imports behavior of Portugal over time.

To check Senegal and Portugal trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Senegal and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Portugal exported $58.8M to Senegal. The main products exported from Portugal to Senegal were Flavored Water ($9.74M), Special Purpose Ships ($7.47M), and Iron Structures ($3.13M). During the last 5 years the exports of Portugal to Senegal have increased at an annualized rate of 0.014%, from $58.8M in 2017 to $58.8M in 2022.

In 2017, Senegal exported $19M to Portugal. The main products exported from Senegal to Portugal were Processed Crustaceans ($7.31M), Molluscs ($3.04M), and Non-fillet Fresh Fish ($2.47M). During the last 5 years the exports of Senegal to Portugal have decreased at an annualized rate of 3.66%, from $22.8M in 2022 to $19M in 2017.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$20.5B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Portugal than Senegal included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

In 2022, countries that imported more from Senegal than Portugal included Mali ($1.13B), India ($1B), and Gambia ($177M).

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

Comparative Advantage Portugal - Senegal

Flow
Scale

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

During 2022, Portugal had a large net trade with Senegal in the exports of Foodstuffs ($13.6M), Transportation ($11.1M), and Metals ($7.71M).

During 2017, Senegal had a large net trade with Portugal in the exports of Animal Products ($8.7M), Foodstuffs ($7.32M), and Transportation ($1.65M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Senegal+$1.41MIron Structures
Top Product Potential Senegal Portugal+$1.76MMolluscs

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

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

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