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2020
Flag → Flag
Exports $35kRnk 19 / 0
2020
Flag → Flag
Exports $2.12MRnk 16 / 92
2020
Flag → Flag
Top Product $1.76MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI -0.51Rnk 87 / 132
2023
Flag  
GDP$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $1,706CURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

Senegal-Somalia Trade: In 2020, Senegal exported $35k to Somalia. The main products that Senegal exported to Somalia were N/A. Over the past 16 years the exports of Senegal to Somalia have increased at an annualized rate of 2.49%, from $23.6k in 2004 to $35k in 2020.

In 2020, Senegal did not export any services to Somalia.

Somalia-Senegal Trade: In 2020, Somalia exported $2.12M to Senegal. The main products that Somalia exported to Senegal were Non-fillet Frozen Fish ($1.76M), Delivery Trucks ($203k), and Large Construction Vehicles ($70.9k). Over the past 16 years the exports of Somalia to Senegal have increased at an annualized rate of 55.3%,  from $234k in 2004 to $2.12M in 2020.

In 2020, Somalia 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, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Senegal exported $35k to Somalia. There were not main exports from Senegal to Somalia in 2020. During the last 16 years the exports of Senegal to Somalia have increased at an annualized rate of 2.49%, from $23.6k in 2004 to $35k in 2020.

In 2018, Somalia exported $2.12M to Senegal. The main products exported from Somalia to Senegal were Non-fillet Frozen Fish ($1.76M), Delivery Trucks ($203k), and Large Construction Vehicles ($70.9k). During the last 5 years the exports of Somalia to Senegal have increased at an annualized rate of 55.3%, from $234k in 2023 to $2.12M in 2018.

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

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

Latest Data

Trade between Senegal (Flag) and Somalia (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top DestinationMali$1.22B
Somalia
Top DestinationUnited Arab Emirates$360M

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

In 2023, countries that imported more from Senegal than Somalia included Mali ($1.22B), India ($681M), and Switzerland ($625M).

In 2023, countries that imported more from Somalia than Senegal included Saudi Arabia ($283M), Oman ($180M), and United Arab Emirates ($360M).

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

Comparative Advantage Senegal - Somalia

Flow
Scale

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

During 2020, Senegal had a large net trade with Somalia in the exports of .

During 2018, Somalia had a large net trade with Senegal in the exports of Animal Products ($1.76M), Transportation ($254k), and Machines ($97.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Somalia+$2.41kRefined Petroleum
Top Product Potential Somalia Senegal+$1.65kGold

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

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

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