2022
Exports
$73kWorld Rnk 86 / 128
Flag Rnk 462 / 935
falsefalse China
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$7.55kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $73k in Iron Ore, making it the 86th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 462nd most exported product in Senegal. The main destination of Iron Ore exports from Senegal are: China ($70.2k), Ghana ($2.54k), and Netherlands ($228).

The fastest growing export markets for Iron Ore of Senegal between 2021 and 2022 were China ($70.2k), Ghana ($2.54k), and Netherlands ($31).

Imports In 2021, Senegal imported $7.55k in Iron Ore, becoming the 0th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 0th most imported product in Senegal. Senegal imports Iron Ore primarily from: N/A.

Latest Trends

Sep 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 Iron Ore. 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)$73k
IMPORTS (2021)$7.55k
NET TRADE (2022)$73k

In 2022, Senegal exported $73k in Iron Ore. The main destinations of Senegal exports on Iron Ore were China ($70.2k), Ghana ($2.54k), and Netherlands ($228).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
China$70.2k (1%)
Ghana$2.54k (1%)
Netherlands$31 (15.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Senegal WERE (2021 - 2022):
India-$1.25k (-100%)
Canada-$797 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Senegal's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $266k
TOP IMPORT POTENTIALBrazil+ $684

Iron Ore’s highest export potential is China. With an export gap of $266k.   Iron Ore’s highest import potential is Brazil with an import gap of $684.

See methodology.

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