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Pricing

2022
Flag → Flag
Exports $1.53kRnk 155 / 160
2022
Flag → Flag
Top Product $1.53kPaintings
2022
Flag → Flag
Exports $619MRnk 54 / 138
2022
Flag → Flag
Top Product $451MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
Flag  
GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
GDP PC $1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186

About

Senegal-Russia Trade: In 2022, Senegal exported $1.53k to Russia. The main products that Senegal exported to Russia were Paintings ($1.53k). Over the past 5 years the exports of Senegal to Russia have decreased at an annualized rate of 83.4%, from $12.1M in 2017 to $1.53k in 2022.

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

Russia-Senegal Trade: In 2022, Russia exported $619M to Senegal. The main products that Russia exported to Senegal were Refined Petroleum ($451M), Wheat ($87.1M), and Sulphur ($19.4M). Over the past 5 years the exports of Russia to Senegal have increased at an annualized rate of 16%,  from $294M in 2017 to $619M in 2022.

In 2020, Russia exported services to Senegal worth $287k, with Other business services ($180k), Transportation ($56k), and Financial services ($44k) being the largest in terms of value.

Comparison: In 2022,  Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Senegal exported $1.53k to Russia. The main products exported from Senegal to Russia were Paintings ($1.53k). During the last 5 years the exports of Senegal to Russia have decreased at an annualized rate of 83.4%, from $12.1M in 2017 to $1.53k in 2022.

In 2017, Russia exported $619M to Senegal. The main products exported from Russia to Senegal were Refined Petroleum ($451M), Wheat ($87.1M), and Sulphur ($19.4M). During the last 5 years the exports of Russia to Senegal have increased at an annualized rate of 16%, from $294M in 2022 to $619M in 2017.

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

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

Latest Data

Trade between Senegal (Flag) and Russia (Flag)

Senegal Exports

Russia Exports

Market Competitiveness

Color
Senegal
Top DestinationMali$1.13B
Russia
Top DestinationChina$101B

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

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

In 2022, countries that imported more from Russia than Senegal included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Senegal - Russia

Flow
Scale

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

During 2022, Senegal had a large net trade with Russia in the exports of Arts and Antiques ($1.53k).

During 2017, Russia had a large net trade with Senegal in the exports of Mineral Products ($479M), Vegetable Products ($87.6M), and Chemical Products ($29.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Russia+$6.27kPaintings
Top Product Potential Russia Senegal+$7.66MCoal Briquettes

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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Bilateral Service Trade

In 2020, Russia exported services to Senegal worth $287k, with Other business services ($180k), Transportation ($56k), and Financial services ($44k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Senegal (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Senegal and Russia. This means that a dot/product with the flag of Senegal indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Senegal.

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

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