Senegal (SEN) and Colombia (COL) Trade | The Observatory of Economic Complexity

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Senegal-Colombia Trade: In 2023, Senegal exported $12.6M to Colombia. The main products that Senegal exported to Colombia were Non-fillet Frozen Fish ($12.2M), Twine and Rope ($120k), and Lubricating Products ($91.6k). Over the past 5 years the exports of Senegal to Colombia have increased at an annualized rate of 10.4%, from $7.72M in 2018 to $12.6M in 2023.

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

Colombia-Senegal Trade: In 2023, Colombia exported $14.3M to Senegal. The main products that Colombia exported to Senegal were Cars ($11M), Buses ($1.2M), and Lifting Machinery ($574k). Over the past 5 years the exports of Colombia to Senegal have increased at an annualized rate of 38.9%, from $2.76M in 2018 to $14.3M in 2023.

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

Comparison: In 2023, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B). That same year, Colombia ranked 51 in the Economic Complexity Index (ECI 0.23), and 54 in total exports ($54.8B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Senegal exported $12.6M to Colombia. The main products exported from Senegal to Colombia were Non-fillet Frozen Fish ($12.2M), Twine and Rope ($120k), and Lubricating Products ($91.6k). During the last 5 years the exports of Senegal to Colombia have increased at an annualized rate of 10.4%, from $7.72M in 2018 to $12.6M in 2023.

In 2018, Colombia exported $14.3M to Senegal. The main products exported from Colombia to Senegal were Cars ($11M), Buses ($1.2M), and Lifting Machinery ($574k). During the last 5 years the exports of Colombia to Senegal have increased at an annualized rate of 38.9%, from $2.76M in 2023 to $14.3M in 2018.

Exports from Senegal () to Colombia () (2023)

Exports from Colombia () to Senegal () (2023)

Latest Data

Trade between Senegal () and Colombia ()

Senegal Exports

Date

Colombia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.22B

Colombia
Top DestinationUnited States$14.8B

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

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

In 2023, countries that imported more from Colombia than Senegal included United States ($14.8B), Panama ($4.66B), and Netherlands ($2.38B).

Difference in imports from Colombia () and Senegal () (2023)

Comparative Advantage Senegal - Colombia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Senegal had a large net trade with Colombia in the exports of Animal Products ($12.2M), Chemical Products ($154k), and Textiles ($120k).

During 2018, Colombia had a large net trade with Senegal in the exports of Transportation ($12.2M), Metals ($611k), and Machines ($597k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Colombia+$1.24MNon-fillet Frozen Fish

Top Product Potential Colombia Senegal+$4.32MCoal Briquettes

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

Year

This visualization shows the product space at the HS4 level with the flags of Senegal and Colombia. This means that a dot/product with the flag of Senegal indicates it has a comparative advantage over Colombia. Similarly, a dot/product with the flag of Colombia indicates it has a comparative advantage over Senegal.

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Colombia () (2023)

Exports from Colombia () to Senegal () (2023)

Latest Data

Trade between Senegal () and Colombia ()

Senegal Exports

Colombia Exports

Market Competitiveness

Difference in imports from Colombia () and Senegal () (2023)

Comparative Advantage Senegal - Colombia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Colombia () (2023)

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