HS Icon Insect Resins in  Flag Senegal

2021
Exports | Imports
: $2.83M | $110k, World Rnk 31 / 143
Flag Rnk 115 / 908 | World Rnk 119 / 188
Flag Rnk 888 / 1144

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $51.8k | $63.5k, Switzerland |  China

2021
ECONOMIC COMPLEXITY of Senegal
: -0.59, Rnk 88 / 131

2021
PRODUCT COMPLEXITY IN Insect Resins
: -2.31, Rnk 1022 / 1029

Exports In 2021, Senegal exported $2.83M in Insect Resins, making it the 31st largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 115th most exported product in Senegal. The main destination of Insect Resins exports from Senegal are: India ($1.98M), France ($673k), Switzerland ($127k), Cote d'Ivoire ($18.1k), and Belgium ($13.7k).

The fastest growing export markets for Insect Resins of Senegal between 2020 and 2021 were Switzerland ($51.8k), India ($25.4k), and Cote d'Ivoire ($18.1k).

Imports In 2021, Senegal imported $110k in Insect Resins, becoming the 119th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 888th most imported product in Senegal. Senegal imports Insect Resins primarily from: China ($85k), United Arab Emirates ($13.7k), France ($5.11k), United Kingdom ($2.62k), and Portugal ($2.18k).

The fastest growing import markets in Insect Resins for Senegal between 2020 and 2021 were China ($63.5k), United Arab Emirates ($13.1k), and United Kingdom ($2.62k).

Tariffs In 2018, the average tariff for Senegal in Insect Resins was 4.73%. The countries with the highest import tariffs for Insect Resins were Angola (Most Favoured Nation duty rate treatment, 5%), Burundi (Most Favoured Nation duty rate treatment, 5%), Botswana (Most Favoured Nation duty rate treatment, 5%), Central African Republic (Most Favoured Nation duty rate treatment, 5%), and Cameroon (Most Favoured Nation duty rate treatment, 5%).

Mar 2023

Subnational Monthly Trade

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Y-AXIS SCALE

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The following visualization shows the latest trends on Insect Resins. 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

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EXPORTS (2021): $2.83M

IMPORTS (2021): $110k

NET TRADE (2021): $2.72M

In 2021, Senegal exported $2.83M in Insect Resins. The main destinations of Senegal exports on Insect Resins were India ($1.98M), France ($673k), Switzerland ($127k), Cote d'Ivoire ($18.1k), and Belgium ($13.7k).

In 2021, Senegal imported $110k in Insect Resins, mainly from China ($85k), United Arab Emirates ($13.7k), France ($5.11k), United Kingdom ($2.62k), and Portugal ($2.18k).

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THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Senegal WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Senegal WERE (2020 - 2021):

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Market Concentration

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In 2021, Senegal's main exporting competitors in Insect Resins were:

In 2021, Senegal's main importing competitors in Insect Resins were:

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