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2023
Flag → Flag
Exports $828MRnk 42 / 137
2023
Flag → Flag
Top Product $605MRefined Petroleum
2023
Flag → Flag
Exports $27.2kRnk 134 / 156
2023
Flag → Flag
Top Product $15.2kOther Vegetables
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.51Rnk 87 / 132
2023
Flag  
GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
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GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC $13,817CURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195
2023
Flag
GDP PC$1,706CURRENT US$
Rnk 162 / 196
2013-2023
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GDP PC GROWTH23.7%CURRENT US$
Rnk 92 / 195

About

Russia-Senegal Trade: In 2023, Russia exported $828M to Senegal. The main products that Russia exported to Senegal were Refined Petroleum ($605M), Wheat ($113M), and Coal Briquettes ($77.5M). Over the past 5 years the exports of Russia to Senegal have increased at an annualized rate of 9.46%, from $527M in 2018 to $828M in 2023.

In 2020, Russia exported services to Senegal worth $287k, with Other business services ($180k), Transportation ($56k), and Financial services ($44k) being the largest in terms of value.

Senegal-Russia Trade: In 2023, Senegal exported $27.2k to Russia. The main products that Senegal exported to Russia were Other Vegetables ($15.2k), Basketwork ($5.74k), and Aircraft parts (gliders, balloons, and powered aircraft) ($2.16k). Over the past 5 years the exports of Senegal to Russia have decreased at an annualized rate of 33.9%,  from $5.93M in 2018 to $27.2k in 2023.

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

Comparison: In 2023,  Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B). That same year, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $95.9M and imported $514 from Senegal, resulting in a positive trade balance of $95.9M. Between January 2021 and January 2022 the exports of Russia have increased by $86.7M (941%) from $9.22M to $95.9M, while imports decreased by $-1.52M (-100%) from $1.52M to $514.

Trade In January 2022, the top exports of Russia to Senegal were Refined Petroleum ($7.09M), Ammonia ($1.18M), Nitrogenous Fertilizers ($462k), Other Uncoated Paper ($245k), and Newsprint ($86k). In January 2022 the top imports of Russia from Senegal were Tomatoes ($1.37M), Scrap Copper ($147k), and Other Copper Products ($473).

Origins In January 2022 the exports of Russia were mainly from KRASNODAR TERRITORY ($38.4M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($19M), KEMEROVO REGION ($11.8M), PERM TERRITORY ($7.65M), and ROSTOV REGION ($7.28M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($514).

Growth In January 2022, the increase in Russia's year-by-year exports to Senegal was explained primarily by an increase in product exports in Other Uncoated Paper ($175k or 247%), Nitrogenous Fertilizers ($136k or 41.6%), and Newsprint ($54.3k or 171%). In January 2022, the decrease in Russia's year-by-year imports  from Senegal was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$86.7M(941%)
IMPORT GROWTH (January 2021 - January 2022)$-1.52M(-100%)
MAIN EXPORTER (January 2022)KRASNODAR TERRITORY$38.4M

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

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

For full datasets download visit Bulk Download page.

Explore Senegal and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Russia exported $828M to Senegal. The main products exported from Russia to Senegal were Refined Petroleum ($605M), Wheat ($113M), and Coal Briquettes ($77.5M). During the last 5 years the exports of Russia to Senegal have increased at an annualized rate of 9.46%, from $527M in 2018 to $828M in 2023.

In 2018, Senegal exported $27.2k to Russia. The main products exported from Senegal to Russia were Other Vegetables ($15.2k), Basketwork ($5.74k), and Aircraft parts (gliders, balloons, and powered aircraft) ($2.16k). During the last 5 years the exports of Senegal to Russia have decreased at an annualized rate of 33.9%, from $5.93M in 2023 to $27.2k in 2018.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$129B
Senegal
Top DestinationMali$1.22B

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

In 2023, countries that imported more from Russia than Senegal included China ($129B), India ($66.1B), and Turkey ($31B).

In 2023, countries that imported more from Senegal than Russia included Mali ($1.22B), Australia ($233M), and Gambia ($210M).

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

Comparative Advantage Russia - Senegal

Flow
Scale

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

During 2023, Russia had a large net trade with Senegal in the exports of Mineral Products ($688M), Vegetable Products ($113M), and Metals ($16.1M).

During 2018, Senegal had a large net trade with Russia in the exports of Vegetable Products ($15.2k), Wood Products ($5.74k), and Transportation ($2.16k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Senegal+$7.66MCoal Briquettes
Top Product Potential Senegal Russia+$6.27kPaintings

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

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

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