2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP
$501BCURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP GROWTH
63%CURRENT US$
Rnk 47 / 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
$84,734CURRENT US$
Rnk 8 / 196
2013-2023
Flag
GDP PC GROWTH
48.7%CURRENT US$
Rnk 50 / 195

About

Senegal-Singapore Trade: In 2023, Senegal exported $3.64M to Singapore. The main products that Senegal exported to Singapore were Coconuts, Brazil Nuts, and Cashews ($1.37M), Melons ($509k), and Metalworking Machine Parts ($404k). Over the past 5 years the exports of Senegal to Singapore have decreased at an annualized rate of 22.6%, from $13.1M in 2018 to $3.64M in 2023.

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

Singapore-Senegal Trade: In 2023, Singapore exported $54.8M to Senegal. The main products that Singapore exported to Senegal were Refined Petroleum ($14.3M), Gas Turbines ($8.52M), and Margarine ($5.61M). Over the past 5 years the exports of Singapore to Senegal have decreased at an annualized rate of 18.9%,  from $156M in 2018 to $54.8M in 2023.

In 2023, Singapore 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, Singapore ranked 6 in the Economic Complexity Index (ECI 1.62), and 24 in total exports ($333B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $3.64M to Singapore. The main products exported from Senegal to Singapore were Coconuts, Brazil Nuts, and Cashews ($1.37M), Melons ($509k), and Metalworking Machine Parts ($404k). During the last 5 years the exports of Senegal to Singapore have decreased at an annualized rate of 22.6%, from $13.1M in 2018 to $3.64M in 2023.

In 2018, Singapore exported $54.8M to Senegal. The main products exported from Singapore to Senegal were Refined Petroleum ($14.3M), Gas Turbines ($8.52M), and Margarine ($5.61M). During the last 5 years the exports of Singapore to Senegal have decreased at an annualized rate of 18.9%, from $156M in 2023 to $54.8M in 2018.

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

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

Latest Data

Trade between Senegal (Flag) and Singapore (Flag)

Senegal Exports

Singapore Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
Singapore
Top Destination
Hong Kong$44.5B

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

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

In 2023, countries that imported more from Singapore than Senegal included Hong Kong ($44.5B), China ($36.7B), and United States ($32.9B).

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

Comparative Advantage Senegal - Singapore

Flow
Scale

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

During 2023, Senegal had a large net trade with Singapore in the exports of Vegetable Products ($1.97M), Machines ($939k), and Animal Products ($204k).

During 2018, Singapore had a large net trade with Senegal in the exports of Machines ($18.8M), Mineral Products ($14.3M), and Animal and Vegetable Bi-Products ($9.93M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Singapore+$806kCoconuts, Brazil Nuts, and Cashews
Top Product Potential Singapore Senegal+$23MRefined Petroleum

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

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

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