2022
Flag  
GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP
$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH
54.4%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC 
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC
$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH
30.9%CURRENT US$
Rnk 61 / 186

About

Senegal-Philippines Trade: In 2022, Senegal exported $14.9k to Philippines. The main products that Senegal exported to Philippines were Self-adhesive Plastics ($12.4k), Other Electrical Machinery ($1.19k), and Light Pure Woven Cotton ($580). Over the past 5 years the exports of Senegal to Philippines have decreased at an annualized rate of 6.13%, from $20.4k in 2017 to $14.9k in 2022.

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

Philippines-Senegal Trade: In 2022, Philippines exported $513k to Senegal. The main products that Philippines exported to Senegal were Beauty Products ($98.2k), Sowing Seeds ($83.7k), and Packing Bags ($82.3k). Over the past 5 years the exports of Philippines to Senegal have decreased at an annualized rate of 22.7%,  from $1.86M in 2017 to $513k in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Senegal exported $14.9k to Philippines. The main products exported from Senegal to Philippines were Self-adhesive Plastics ($12.4k), Other Electrical Machinery ($1.19k), and Light Pure Woven Cotton ($580). During the last 5 years the exports of Senegal to Philippines have decreased at an annualized rate of 6.13%, from $20.4k in 2017 to $14.9k in 2022.

In 2017, Philippines exported $513k to Senegal. The main products exported from Philippines to Senegal were Beauty Products ($98.2k), Sowing Seeds ($83.7k), and Packing Bags ($82.3k). During the last 5 years the exports of Philippines to Senegal have decreased at an annualized rate of 22.7%, from $1.86M in 2022 to $513k in 2017.

Exports from Senegal (Flag) to Philippines (Flag) (2022)

Exports from Philippines (Flag) to Senegal (Flag) (2022)

Latest Data

Trade between Senegal (Flag) and Philippines (Flag)

Senegal Exports

Philippines Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.13B
Philippines
Top Destination
United States$15.5B

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

In 2022, countries that imported more from Senegal than Philippines included Mali ($1.13B), Guinea ($182M), and Gambia ($177M).

In 2022, countries that imported more from Philippines than Senegal included China ($15.3B), United States ($15.5B), and Hong Kong ($12.6B).

Difference in imports from Philippines (Flag) and Senegal (Flag) (2022)

Comparative Advantage Senegal - Philippines

Flow
Scale

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

During 2022, Senegal had a large net trade with Philippines in the exports of Plastics and Rubbers ($12.4k), Textiles ($1.35k), and Machines ($1.19k).

During 2017, Philippines had a large net trade with Senegal in the exports of Machines ($179k), Chemical Products ($158k), and Vegetable Products ($83.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Philippines+$6.78kRefined Petroleum
Top Product Potential Philippines Senegal+$117kCentrifuges

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

Product Space of Senegal (Flag) and Philippines (Flag) (2022)

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