2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP
$251BCURRENT US$
Rnk 52 / 195
2013-2023
Flag
GDP GROWTH
6.91%CURRENT US$
Rnk 164 / 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
$5,565CURRENT US$
Rnk 118 / 196
2013-2023
Flag
GDP PC GROWTH
-16.3%CURRENT US$
Rnk 174 / 195

About

Senegal-Iraq Trade: In 2023, Senegal exported $275k to Iraq. The main products that Senegal exported to Iraq were Liquid Pumps ($180k), Other Animals ($51.9k), and Surveying Equipment ($36k). Over the past 5 years the exports of Senegal to Iraq have increased at an annualized rate of 78.1%, from $15.3k in 2018 to $275k in 2023.

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

Iraq-Senegal In N/A, Iraq did not export any products to Senegal.

In 2023, Iraq 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, Iraq ranked 97 in the Economic Complexity Index (ECI -0.71), and 40 in total exports ($107B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $275k to Iraq. The main products exported from Senegal to Iraq were Liquid Pumps ($180k), Other Animals ($51.9k), and Surveying Equipment ($36k). During the last 5 years the exports of Senegal to Iraq have increased at an annualized rate of 78.1%, from $15.3k in 2018 to $275k in 2023.

Iraq does not register exports to Senegal. The main products exported from Iraq to Senegal were Tropical Fruits ($112k).

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

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

Latest Data

Trade between Senegal (Flag) and Iraq (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
Iraq
Top Destination
China$35.5B

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

In 2023, countries that imported more from Senegal than Iraq included Mali ($1.22B), Switzerland ($625M), and Australia ($233M).

In 2023, countries that imported more from Iraq than Senegal included China ($35.5B), India ($29.8B), and United States ($8.92B).

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

Comparative Advantage Senegal - Iraq

Flow
Scale

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

During 2023, Senegal had a large net trade with Iraq in the exports of Machines ($184k), Animal Products ($51.9k), and Instruments ($36k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Iraq+$6.8kRefined Petroleum
Top Product Potential Iraq Senegal+$21.2kTropical Fruits

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

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

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