Senegal (SEN) and Hong Kong (HKG) Trade | The Observatory of Economic Complexity

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Senegal-Hong Kong Trade: In 2023, Senegal exported $14.8M to Hong Kong. The main products that Senegal exported to Hong Kong were Molluscs ($6.96M), Dried/Salted/Smoked/Brined Fish ($4.81M), and Scrap Copper ($1.56M). Over the past 5 years the exports of Senegal to Hong Kong have decreased at an annualized rate of 3.98%, from $18.1M in 2018 to $14.8M in 2023.

In 2023, Senegal did not export any services to Hong Kong.

Hong Kong-Senegal Trade: In 2023, Hong Kong exported $46.4M to Senegal. The main products that Hong Kong exported to Senegal were Broadcasting Equipment ($28.7M), Coal Briquettes ($10.3M), and Video Displays ($1.78M). Over the past 5 years the exports of Hong Kong to Senegal have decreased at an annualized rate of 23.6%, from $178M in 2018 to $46.4M in 2023.

In 2023, Hong Kong 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, Hong Kong ranked 23 in the Economic Complexity Index (ECI 1.12), and 38 in total exports ($117B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Senegal exported $14.8M to Hong Kong. The main products exported from Senegal to Hong Kong were Molluscs ($6.96M), Dried/Salted/Smoked/Brined Fish ($4.81M), and Scrap Copper ($1.56M). During the last 5 years the exports of Senegal to Hong Kong have decreased at an annualized rate of 3.98%, from $18.1M in 2018 to $14.8M in 2023.

In 2018, Hong Kong exported $46.4M to Senegal. The main products exported from Hong Kong to Senegal were Broadcasting Equipment ($28.7M), Coal Briquettes ($10.3M), and Video Displays ($1.78M). During the last 5 years the exports of Hong Kong to Senegal have decreased at an annualized rate of 23.6%, from $178M in 2023 to $46.4M in 2018.

Exports from Senegal () to Hong Kong () (2023)

Exports from Hong Kong () to Senegal () (2023)

Latest Data

Trade between Senegal () and Hong Kong ()

Senegal Exports

Date

Hong Kong Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.22B

Hong Kong
Top DestinationChina$25.3B

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

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

In 2023, countries that imported more from Hong Kong than Senegal included China ($25.3B), Vietnam ($14.4B), and South Korea ($9.5B).

Difference in imports from Hong Kong () and Senegal () (2023)

Comparative Advantage Senegal - Hong Kong

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Senegal had a large net trade with Hong Kong in the exports of Animal Products ($12.6M), Metals ($1.56M), and Foodstuffs ($459k).

During 2018, Hong Kong had a large net trade with Senegal in the exports of Machines ($34.4M), Mineral Products ($10.3M), and Instruments ($805k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Hong Kong+$1.68MMolluscs

Top Product Potential Hong Kong Senegal+$745kTelephones

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Hong Kong () (2023)

Exports from Hong Kong () to Senegal () (2023)

Latest Data

Trade between Senegal () and Hong Kong ()

Senegal Exports

Hong Kong Exports

Market Competitiveness

Difference in imports from Hong Kong () and Senegal () (2023)

Comparative Advantage Senegal - Hong Kong

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Hong Kong () (2023)

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