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2023
Flag → Flag
Exports $42.8MRnk 98 / 216
2023
Flag → Flag
Top Product $7.62MKraft Paper
2023
Flag → Flag
Exports $252kRnk 108 / 156
2023
Flag → Flag
Top Product $101kLarge Construction Vehicles
2023
Flag
Economic Complexity (ECI) ECI 1.53Rnk 9 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.51Rnk 87 / 132
2023
Flag  
GDP$585BCURRENT US$
Rnk 24 / 195
2013-2023
Flag
GDP GROWTH0.14%CURRENT US$
Rnk 170 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC $55,517CURRENT US$
Rnk 19 / 195
2013-2023
Flag
GDP PC GROWTH-8.76%CURRENT US$
Rnk 165 / 195
2023
Flag
GDP PC$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 92 / 195

About

Sweden-Senegal Trade: In 2023, Sweden exported $42.8M to Senegal. The main products that Sweden exported to Senegal were Kraft Paper ($7.62M), Large Construction Vehicles ($3.9M), and Nitrogenous Fertilizers ($3.9M). Over the past 5 years the exports of Sweden to Senegal have increased at an annualized rate of 7.28%, from $30.1M in 2018 to $42.8M in 2023.

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

Senegal-Sweden Trade: In 2023, Senegal exported $252k to Sweden. The main products that Senegal exported to Sweden were Large Construction Vehicles ($101k), Telephones ($25.9k), and Railway Cargo Containers ($24.7k). Over the past 5 years the exports of Senegal to Sweden have decreased at an annualized rate of 37.8%,  from $2.7M in 2018 to $252k in 2023.

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

Comparison: In 2023,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.53), and 32 in total exports ($188B). That same year, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Latest Trends

November, 2024

About

Overview In November 2024, Sweden exported SEK191M and imported SEK4k from Senegal, resulting in a positive trade balance of SEK191M. Between November 2023 and November 2024 the exports of Sweden have increased by SEK135M (242%) from SEK56M to SEK191M, while imports decreased by SEK-2k (-33.3%) from SEK6k to SEK4k.

Trade In November 2024, the top exports of Sweden to Senegal were Nitrogenous Fertilizers (SEK13M), Kraft Paper (SEK12.9M), Potassic Fertilizers (SEK810k), Excavation Machinery (SEK586k), and Brooms (SEK532k). In November 2024 the top imports of Sweden from Senegal were Beauty Products (SEK1k) and Felt or Coated Fabric Garments (SEK1k).

Growth In November 2024, the increase in Sweden's year-by-year exports to Senegal was explained primarily by an increase in product exports in Nitrogenous Fertilizers (SEK10.1M or 357%), Kraft Paper (SEK9.95M or 335%), and Excavation Machinery (SEK283k or 93.4%). In November 2024, the decrease in Sweden's year-by-year imports  from Senegal was explained primarily by an decrease in product imports  in Felt or Coated Fabric Garments (SEK-3k or -75%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)SEK135M(242%)
IMPORT GROWTH (November 2023 - November 2024)SEK-2k(-33.3%)

This section shows exports and imports data at subnational level for Sweden. Click any date in the line plot or any product to explore the exports or imports behavior of Sweden over time.

To check Senegal and Sweden trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Senegal and Sweden Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sweden exported $42.8M to Senegal. The main products exported from Sweden to Senegal were Kraft Paper ($7.62M), Large Construction Vehicles ($3.9M), and Nitrogenous Fertilizers ($3.9M). During the last 5 years the exports of Sweden to Senegal have increased at an annualized rate of 7.28%, from $30.1M in 2018 to $42.8M in 2023.

In 2018, Senegal exported $252k to Sweden. The main products exported from Senegal to Sweden were Large Construction Vehicles ($101k), Telephones ($25.9k), and Railway Cargo Containers ($24.7k). During the last 5 years the exports of Senegal to Sweden have decreased at an annualized rate of 37.8%, from $2.7M in 2023 to $252k in 2018.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$18.4B
Senegal
Top DestinationMali$1.22B

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

In 2023, countries that imported more from Sweden than Senegal included Germany ($18.4B), United States ($18.1B), and Denmark ($14.4B).

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

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

Comparative Advantage Sweden - Senegal

Flow
Scale

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

During 2023, Sweden had a large net trade with Senegal in the exports of Machines ($14.6M), Paper Goods ($10.6M), and Chemical Products ($4.87M).

During 2018, Senegal had a large net trade with Sweden in the exports of Machines ($141k), Transportation ($45.5k), and Wood Products ($23.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sweden Senegal+$1.84MTelephones
Top Product Potential Senegal Sweden+$83.2kFake Hair

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

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

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