2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC 
$1,706CURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC
$6,678CURRENT US$
Rnk 108 / 196
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195

About

Senegal-Equatorial Guinea Trade: In 2023, Senegal exported $4.33M to Equatorial Guinea. The main products that Senegal exported to Equatorial Guinea were Rolled Tobacco ($1.85M), Refined Petroleum ($1.8M), and Antiknock ($306k). Over the past 5 years the exports of Senegal to Equatorial Guinea have decreased at an annualized rate of 2.46%, from $4.91M in 2018 to $4.33M in 2023.

In 2023, Senegal did not export any services to Equatorial Guinea.

Equatorial Guinea-Senegal Trade: In 2023, Equatorial Guinea exported $42.8k to Senegal. The main products that Equatorial Guinea exported to Senegal were Sawn Wood ($37.7k) and Particle Board ($5.04k). Over the past 5 years the exports of Equatorial Guinea to Senegal have decreased at an annualized rate of 16.5%,  from $105k in 2018 to $42.8k in 2023.

In 2023, Equatorial Guinea 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, Equatorial Guinea ranked 127 in total exports ($5.13B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $4.33M to Equatorial Guinea. The main products exported from Senegal to Equatorial Guinea were Rolled Tobacco ($1.85M), Refined Petroleum ($1.8M), and Antiknock ($306k). During the last 5 years the exports of Senegal to Equatorial Guinea have decreased at an annualized rate of 2.46%, from $4.91M in 2018 to $4.33M in 2023.

In 2018, Equatorial Guinea exported $42.8k to Senegal. The main products exported from Equatorial Guinea to Senegal were Sawn Wood ($37.7k) and Particle Board ($5.04k). During the last 5 years the exports of Equatorial Guinea to Senegal have decreased at an annualized rate of 16.5%, from $105k in 2023 to $42.8k in 2018.

Exports from Senegal (Flag) to Equatorial Guinea (Flag) (2023)

Exports from Equatorial Guinea (Flag) to Senegal (Flag) (2023)

Latest Data

Trade between Senegal (Flag) and Equatorial Guinea (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
Equatorial Guinea
Top Destination
China$1.37B

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

In 2023, countries that imported more from Senegal than Equatorial Guinea included Mali ($1.22B), Switzerland ($625M), and India ($681M).

In 2023, countries that imported more from Equatorial Guinea than Senegal included China ($1.37B), Netherlands ($635M), and Spain ($531M).

Difference in imports from Equatorial Guinea (Flag) and Senegal (Flag) (2023)

Comparative Advantage Senegal - Equatorial Guinea

Flow
Scale

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

During 2023, Senegal had a large net trade with Equatorial Guinea in the exports of Foodstuffs ($1.85M), Mineral Products ($1.8M), and Chemical Products ($306k).

During 2018, Equatorial Guinea had a large net trade with Senegal in the exports of Wood Products ($42.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Equatorial Guinea+$412kRefined Petroleum
Top Product Potential Equatorial Guinea Senegal+$4.17kCrude Petroleum

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

Product Space of Senegal (Flag) and Equatorial Guinea (Flag) (2023)

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