2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP
$1.79TCURRENT US$
Rnk 12 / 195
2013-2023
Flag
GDP GROWTH
34.8%CURRENT US$
Rnk 103 / 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
$13,790CURRENT US$
Rnk 75 / 196
2013-2023
Flag
GDP PC GROWTH
22.9%CURRENT US$
Rnk 94 / 195

About

Senegal-Mexico Trade: In 2023, Senegal exported $28.7M to Mexico. The main products that Senegal exported to Mexico were Calcium Phosphates ($13.1M), Phosphoric Acid ($8.04M), and Titanium Ore ($6.87M). Over the past 5 years the exports of Senegal to Mexico have increased at an annualized rate of 18%, from $12.6M in 2018 to $28.7M in 2023.

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

Mexico-Senegal Trade: In 2023, Mexico exported $6.45M to Senegal. The main products that Mexico exported to Senegal were Malt Extract ($2.94M), Cars ($803k), and Industrial Food Preperation Machinery ($313k). Over the past 5 years the exports of Mexico to Senegal have increased at an annualized rate of 15.8%,  from $3.1M in 2018 to $6.45M in 2023.

In 2023, Mexico 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, Mexico ranked 25 in the Economic Complexity Index (ECI 1.09), and 8 in total exports ($603B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $28.7M to Mexico. The main products exported from Senegal to Mexico were Calcium Phosphates ($13.1M), Phosphoric Acid ($8.04M), and Titanium Ore ($6.87M). During the last 5 years the exports of Senegal to Mexico have increased at an annualized rate of 18%, from $12.6M in 2018 to $28.7M in 2023.

In 2018, Mexico exported $6.45M to Senegal. The main products exported from Mexico to Senegal were Malt Extract ($2.94M), Cars ($803k), and Industrial Food Preperation Machinery ($313k). During the last 5 years the exports of Mexico to Senegal have increased at an annualized rate of 15.8%, from $3.1M in 2023 to $6.45M in 2018.

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

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

Latest Data

Trade between Senegal (Flag) and Mexico (Flag)

Senegal Exports

Mexico Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
Mexico
Top Destination
United States$456B

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

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

In 2023, countries that imported more from Mexico than Senegal included United States ($456B), Canada ($33B), and China ($15B).

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

Comparative Advantage Senegal - Mexico

Flow
Scale

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

During 2023, Senegal had a large net trade with Mexico in the exports of Mineral Products ($20.1M), Chemical Products ($8.04M), and Animal Products ($325k).

During 2018, Mexico had a large net trade with Senegal in the exports of Foodstuffs ($3.07M), Machines ($1.83M), and Transportation ($833k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Mexico+$691kMolluscs
Top Product Potential Mexico Senegal+$2.62MCars

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

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

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