United States (USA) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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United States (USA) and Senegal (SEN) Trade

2022

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Exports $231MRnk 111 / 219

2022

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About

United States-Senegal Trade: In 2022, United States exported $231M to Senegal. The main products that United States exported to Senegal were Cars ($94.6M), Petroleum Gas ($37.8M), and Refined Petroleum ($37.5M). Over the past 5 years the exports of United States to Senegal have increased at an annualized rate of 28.4%, from $66.1M in 2017 to $231M in 2022.

In 2022, United States did not export any services to Senegal.

Senegal-United States Trade: In 2022, Senegal exported $99.9M to United States. The main products that Senegal exported to United States were Other Precious Metal Products ($328M), Processed Fish ($61.9M), and Fake Hair ($44.7M). Over the past 5 years the exports of Senegal to United States have increased at an annualized rate of 74.8%, from $6.11M in 2017 to $99.9M in 2022.

In 2022, Senegal did not export any services to United States.

Comparison: In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Senegal to the United States. Conversely, were notable for importing products to Senegal from the United States.

Latest Trends

April, 2024

About

Overview In April 2024, United States exported $59.2M and imported $15.3M from Senegal, resulting in a positive trade balance of $43.9M. Between April 2023 and April 2024 the exports of United States have increased by $23.4M (65.3%) from $35.8M to $59.2M, while imports increased by $1.04M (7.26%) from $14.3M to $15.3M.

Trade In April 2024, the top exports of United States to Senegal were Cars ($5.3M), Nitrogenous Fertilizers ($3.73M), Commodities not elsewhere specified ($1.58M), Motor vehicles; parts and accessories (8701... ($843k), and Vinyl Chloride Polymers ($726k). In April 2024 the top imports of United States from Senegal were Processed Fish ($8.89M), Titanium Ore ($7M), Fake Hair ($4.27M), Knit T-shirts ($359k), and Commodities not elsewhere specified ($340k).

Origins In April 2024 the exports of United States were mainly from Arizona ($38.5M), Texas ($5.12M), New York ($3.21M), New Jersey ($2.47M), and California ($2.12M), while imports destinations were mainly New Jersey ($7.06M), California ($1.95M), Pennsylvania ($1.75M), Georgia ($1.34M), and Tennessee ($967k).

Growth In April 2024, the increase in United States's year-by-year exports to Senegal was explained primarily by an increase in product exports in Commodities not elsewhere specified ($1.03M or 186%), Excavation Machinery ($275k or 6.02k%), and Machinery Having Individual Functions ($200k or 262%). In April 2024, the increase in United States's year-by-year imports from Senegal was explained primarily by an increase in product imports in Processed Fish ($2.95M or 49.8%), Titanium Ore ($590k or 9.2%), and Fake Hair ($143k or 3.45%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$23.4M(65.3%)

IMPORT GROWTH (April 2023 - April 2024)$1.04M(7.26%)

MAIN EXPORTER (April 2024)Arizona$38.5M

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

To check Senegal and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $231M to Senegal. The main products exported from United States to Senegal were Cars ($94.6M), Petroleum Gas ($37.8M), and Refined Petroleum ($37.5M). During the last 5 years the exports of United States to Senegal have increased at an annualized rate of 28.4%, from $66.1M in 2017 to $231M in 2022.

In 2017, Senegal exported $99.9M to United States. The main products exported from Senegal to United States were Other Precious Metal Products ($328M), Processed Fish ($61.9M), and Fake Hair ($44.7M). During the last 22 years the exports of Senegal to United States have increased at an annualized rate of 74.8%, from $6.11M in 1995 to $99.9M in 2017.

Exports from United States () to Senegal () (2022)

Exports from Senegal () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from United States than Senegal included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Senegal than United States included Mali ($1.13B), Gambia ($177M), and Guinea-Bissau ($88.4M).

Difference in imports from Senegal () and United States () (2022)

Comparative Advantage United States - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, United States had a large net trade with Senegal in the exports of Transportation ($112M), Mineral Products ($95.5M), and Machines ($61M).

During 2017, Senegal had a large net trade with United States in the exports of Precious Metals ($328M), Foodstuffs ($62.7M), and Mineral Products ($45.6M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential United States Senegal+$53.4MRefined Petroleum

Top Product Potential Senegal United States+$22.2MRefined 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

Year

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

Product Space of United States () and Senegal () (2022)

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