Vietnam (VNM) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Vietnam-Senegal Trade: In 2023, Vietnam exported $9.01M to Senegal. The main products that Vietnam exported to Senegal were Rice ($4.01M), Pepper ($954k), and Confectionery Sugar ($923k). Over the past 5 years the exports of Vietnam to Senegal have decreased at an annualized rate of 15%, from $20.3M in 2018 to $9.01M in 2023.

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

Senegal-Vietnam Trade: In 2023, Senegal exported $69.7M to Vietnam. The main products that Senegal exported to Vietnam were Coconuts, Brazil Nuts, and Cashews ($60.8M), Animal Meal and Pellets ($5.16M), and Non-fillet Frozen Fish ($2.24M). Over the past 5 years the exports of Senegal to Vietnam have increased at an annualized rate of 24.4%, from $23.3M in 2018 to $69.7M in 2023.

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

Comparison: In 2023, Vietnam ranked 60 in the Economic Complexity Index (ECI 0.067), and 15 in total exports ($424B). 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, Vietnam exported $9.01M to Senegal. The main products exported from Vietnam to Senegal were Rice ($4.01M), Pepper ($954k), and Confectionery Sugar ($923k). During the last 5 years the exports of Vietnam to Senegal have decreased at an annualized rate of 15%, from $20.3M in 2018 to $9.01M in 2023.

In 2018, Senegal exported $69.7M to Vietnam. The main products exported from Senegal to Vietnam were Coconuts, Brazil Nuts, and Cashews ($60.8M), Animal Meal and Pellets ($5.16M), and Non-fillet Frozen Fish ($2.24M). During the last 5 years the exports of Senegal to Vietnam have increased at an annualized rate of 24.4%, from $23.3M in 2023 to $69.7M in 2018.

Exports from Vietnam () to Senegal () (2023)

Exports from Senegal () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Senegal ()

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vietnam
Top DestinationUnited States$118B

Senegal
Top DestinationMali$1.22B

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

In 2023, countries that imported more from Vietnam than Senegal included United States ($118B), China ($85.7B), and Japan ($25.1B).

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

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

Comparative Advantage Vietnam - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Vietnam had a large net trade with Senegal in the exports of Vegetable Products ($5.5M), Foodstuffs ($1.32M), and Chemical Products ($589k).

During 2018, Senegal had a large net trade with Vietnam in the exports of Vegetable Products ($61.4M), Foodstuffs ($5.16M), and Animal Products ($2.28M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Vietnam Senegal+$2.83MRice

Top Product Potential Senegal Vietnam+$2.01MRaw Cotton

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

About

Historical Data

Bilateral Trade by Products

Exports from Vietnam () to Senegal () (2023)

Exports from Senegal () to Vietnam () (2023)

Latest Data

Trade between Vietnam () and Senegal ()

Senegal Exports

Market Competitiveness

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

Comparative Advantage Vietnam - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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