Senegal (SEN) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Senegal-Spain Trade: In 2022, Senegal exported $228M to Spain. The main products that Senegal exported to Spain were Niobium, Tantalum, Vanadium and Zirconium Ore ($40.6M), Processed Crustaceans ($30.9M), and Crustaceans ($29.8M). Over the past 5 years the exports of Senegal to Spain have increased at an annualized rate of 9.45%, from $145M in 2017 to $228M in 2022.

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

Spain-Senegal Trade: In 2022, Spain exported $693M to Senegal. The main products that Spain exported to Senegal were Refined Petroleum ($312M), Planes, Helicopters, and/or Spacecraft ($62.3M), and Unglazed Ceramics ($23.7M). Over the past 5 years the exports of Spain to Senegal have increased at an annualized rate of 11.2%, from $408M in 2017 to $693M in 2022.

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

Comparison: In 2022, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Senegal exported $228M to Spain. The main products exported from Senegal to Spain were Niobium, Tantalum, Vanadium and Zirconium Ore ($40.6M), Processed Crustaceans ($30.9M), and Crustaceans ($29.8M). During the last 5 years the exports of Senegal to Spain have increased at an annualized rate of 9.45%, from $145M in 2017 to $228M in 2022.

In 2017, Spain exported $693M to Senegal. The main products exported from Spain to Senegal were Refined Petroleum ($312M), Planes, Helicopters, and/or Spacecraft ($62.3M), and Unglazed Ceramics ($23.7M). During the last 5 years the exports of Spain to Senegal have increased at an annualized rate of 11.2%, from $408M in 2022 to $693M in 2017.

Exports from Senegal () to Spain () (2022)

Exports from Spain () to Senegal () (2022)

Latest Data

Trade between Senegal () and Spain ()

Senegal Exports

Date

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.13B

Spain
Top DestinationFrance$65.2B

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

In 2022, countries that imported more from Senegal than Spain included Mali ($1.13B), Gambia ($177M), and Guinea-Bissau ($88.4M).

In 2022, countries that imported more from Spain than Senegal included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Senegal () (2022)

Comparative Advantage Senegal - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Senegal had a large net trade with Spain in the exports of Animal Products ($69.8M), Mineral Products ($65.9M), and Foodstuffs ($49.8M).

During 2017, Spain had a large net trade with Senegal in the exports of Mineral Products ($340M), Transportation ($79.3M), and Machines ($58.1M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Spain+$12MMolluscs

Top Product Potential Spain Senegal+$6.15MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Spain () (2022)

Exports from Spain () to Senegal () (2022)

Latest Data

Trade between Senegal () and Spain ()

Senegal Exports

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Senegal () (2022)

Comparative Advantage Senegal - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Spain () (2022)

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