2022
Exports
$5.99MWorld Rnk 74 / 151
Flag Rnk 80 / 935
2022
PRODUCT COMPLEXITY IN Hot-Rolled Iron
0.41Rnk 402 / 1025
2022
Imports
$25.7MWorld Rnk 111 / 214
Flag Rnk 130 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

The fastest growing export markets for Hot-Rolled Iron of Senegal between 2021 and 2022 were Guinea ($439k) and United Kingdom ($54).

Imports In 2022, Senegal imported $25.7M in Hot-Rolled Iron, becoming the 111th largest importer of Hot-Rolled Iron in the world. At the same year, Hot-Rolled Iron was the 130th most imported product in Senegal. Senegal imports Hot-Rolled Iron primarily from: China ($13.8M), Turkey ($4.62M), Egypt ($2.95M), Ukraine ($1.22M), and Japan ($730k).

The fastest growing import markets in Hot-Rolled Iron for Senegal between 2021 and 2022 were China ($5.94M), Egypt ($2.6M), and Kazakhstan ($603k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Hot-Rolled Iron. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.99M
IMPORTS (2022)$25.7M
NET TRADE (2022)-$19.7M

In 2022, Senegal imported $25.7M in Hot-Rolled Iron, mainly from China ($13.8M), Turkey ($4.62M), Egypt ($2.95M), Ukraine ($1.22M), and Japan ($730k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hot-Rolled Iron EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
Guinea$439k (25%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hot-Rolled Iron BY Senegal WERE (2021 - 2022):
Mali-$4.81M (-76%)
Gambia-$388k (-38.9%)
Mauritania-$350k (-20.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Hot-Rolled Iron were:
Japan $11.2B
China $11.2B
In 2022, Senegal's main importing competitors in Hot-Rolled Iron were:

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Trade Value of Hot-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.92k
TOP IMPORT POTENTIALChina+ $2.86M

Hot-Rolled Iron’s highest export potential is United States. With an export gap of $3.92k.   Hot-Rolled Iron’s highest import potential is China with an import gap of $2.86M.

See methodology.

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