Thailand (THA) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Thailand-Senegal Trade: In 2023, Thailand exported $205M to Senegal. The main products that Thailand exported to Senegal were Rice ($103M), Delivery Trucks ($29.7M), and Embroidery ($19.2M). Over the past 5 years the exports of Thailand to Senegal have increased at an annualized rate of 4.09%, from $168M in 2018 to $205M in 2023.

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

Senegal-Thailand Trade: In 2023, Senegal exported $1.3M to Thailand. The main products that Senegal exported to Thailand were Scrap Aluminium ($412k), Crustaceans ($170k), and Processed Crustaceans ($157k). Over the past 5 years the exports of Senegal to Thailand have decreased at an annualized rate of 34%, from $10.4M in 2018 to $1.3M in 2023.

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

Comparison: In 2023, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 25 in total exports ($332B). That same year, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Thailand exported $205M to Senegal. The main products exported from Thailand to Senegal were Rice ($103M), Delivery Trucks ($29.7M), and Embroidery ($19.2M). During the last 5 years the exports of Thailand to Senegal have increased at an annualized rate of 4.09%, from $168M in 2018 to $205M in 2023.

In 2018, Senegal exported $1.3M to Thailand. The main products exported from Senegal to Thailand were Scrap Aluminium ($412k), Crustaceans ($170k), and Processed Crustaceans ($157k). During the last 5 years the exports of Senegal to Thailand have decreased at an annualized rate of 34%, from $10.4M in 2023 to $1.3M in 2018.

Exports from Thailand () to Senegal () (2023)

Exports from Senegal () to Thailand () (2023)

Latest Data

Trade between Thailand () and Senegal ()

Thailand Exports

Date

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Thailand
Top DestinationUnited States$58.5B

Senegal
Top DestinationMali$1.22B

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

In 2023, countries that imported more from Thailand than Senegal included United States ($58.5B), China ($44.1B), and Japan ($24.9B).

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

Difference in imports from Senegal () and Thailand () (2023)

Comparative Advantage Thailand - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Thailand had a large net trade with Senegal in the exports of Vegetable Products ($104M), Transportation ($35.2M), and Textiles ($25.5M).

During 2018, Senegal had a large net trade with Thailand in the exports of Metals ($520k), Foodstuffs ($279k), and Animal Products ($236k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Thailand Senegal+$3.96MDelivery Trucks

Top Product Potential Senegal Thailand+$2.37MNon-fillet Frozen Fish

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Thailand () to Senegal () (2023)

Exports from Senegal () to Thailand () (2023)

Latest Data

Trade between Thailand () and Senegal ()

Thailand Exports

Senegal Exports

Market Competitiveness

Difference in imports from Senegal () and Thailand () (2023)

Comparative Advantage Thailand - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Thailand () and Senegal () (2023)

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