2023
Flag  
GDP
$77.2BCURRENT US$
Rnk 81 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 122 / 195
2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC 
$22,798CURRENT US$
Rnk 54 / 195
2013-2023
Flag
GDP PC GROWTH
24.3%CURRENT US$
Rnk 90 / 195
2023
Flag
GDP PC
$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

Uruguay-Senegal Trade: In 2023, Uruguay exported $15.9M to Senegal. The main products that Uruguay exported to Senegal were Rice ($13.3M), Concentrated Milk ($1.18M), and Malt Extract ($756k). Over the past 5 years the exports of Uruguay to Senegal have increased at an annualized rate of 23%, from $5.64M in 2018 to $15.9M in 2023.

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

Senegal-Uruguay Trade: In 2023, Senegal exported $34.8k to Uruguay. The main products that Senegal exported to Uruguay were Processed Crustaceans ($32.4k), Motor vehicles; parts and accessories (8701 to 8705) ($1.77k), and Electrical Control Boards ($386). Over the past 5 years the exports of Senegal to Uruguay have decreased at an annualized rate of 35.9%,  from $322k in 2018 to $34.8k in 2023.

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

Comparison: In 2023,  Uruguay ranked 52 in the Economic Complexity Index (ECI 0.22), and 100 in total exports ($11B). 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
Value

In 2023, Uruguay exported $15.9M to Senegal. The main products exported from Uruguay to Senegal were Rice ($13.3M), Concentrated Milk ($1.18M), and Malt Extract ($756k). During the last 5 years the exports of Uruguay to Senegal have increased at an annualized rate of 23%, from $5.64M in 2018 to $15.9M in 2023.

In 2018, Senegal exported $34.8k to Uruguay. The main products exported from Senegal to Uruguay were Processed Crustaceans ($32.4k), Motor vehicles; parts and accessories (8701 to 8705) ($1.77k), and Electrical Control Boards ($386). During the last 5 years the exports of Senegal to Uruguay have decreased at an annualized rate of 35.9%, from $322k in 2023 to $34.8k in 2018.

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

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

Latest Data

Trade between Uruguay (Flag) and Senegal (Flag)

Uruguay Exports

Senegal Exports

Market Competitiveness

Color
Uruguay
Top Destination
China$2.34B
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from Uruguay than Senegal included China ($2.34B), Brazil ($1.92B), and United States ($880M).

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

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

Comparative Advantage Uruguay - Senegal

Flow
Scale

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

During 2023, Uruguay had a large net trade with Senegal in the exports of Vegetable Products ($13.5M), Animal Products ($1.49M), and Foodstuffs ($756k).

During 2018, Senegal had a large net trade with Uruguay in the exports of Foodstuffs ($32.4k), Transportation ($1.77k), and Machines ($386).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Uruguay Senegal+$714kRice
Top Product Potential Senegal Uruguay+$16.7kMotor vehicles; parts and accessories (8701 to 8705)

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

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

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