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2022
Exports $1.72kWorld Rnk 111 / 139
Flag Rnk 781 / 935
2022
Destination $1.7k France
2021 - 2022
FASTEST GROWING MARKET $1.7kFrance
2022
PRODUCT COMPLEXITY IN Soybeans-1.62Rnk 963 / 1025
2022
Imports $847kWorld Rnk 114 / 200
Flag Rnk 635 / 1145
2022
Origin $459k United States
2021 - 2022
FASTEST GROWING ORIGIN $459kUnited States
2022
ECONOMIC COMPLEXITY of Senegal-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $1.72k in Soybeans, making it the 111th largest exporter of Soybeans in the world. At the same year, Soybeans was the 781st most exported product in Senegal. The main destination of Soybeans exports from Senegal are: France ($1.7k) and Canada ($16).

The fastest growing export markets for Soybeans of Senegal between 2021 and 2022 were France ($1.7k).

Imports In 2022, Senegal imported $847k in Soybeans, becoming the 114th largest importer of Soybeans in the world. At the same year, Soybeans was the 635th most imported product in Senegal. Senegal imports Soybeans primarily from: United States ($459k), France ($306k), Canada ($74.9k), India ($3.53k), and Burkina Faso ($3.23k).

The fastest growing import markets in Soybeans for Senegal between 2021 and 2022 were United States ($459k), France ($187k), and Canada ($74.9k).

Latest Trends

Aug 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 Soybeans. 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)$1.72k
IMPORTS (2022)$847k
NET TRADE (2022)-$845k

In 2022, Senegal exported $1.72k in Soybeans. The main destinations of Senegal exports on Soybeans were France ($1.7k) and Canada ($16).

In 2022, Senegal imported $847k in Soybeans, mainly from United States ($459k), France ($306k), Canada ($74.9k), India ($3.53k), and Burkina Faso ($3.23k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soybeans EXPORT MARKETS FOR Senegal WERE (2021 - 2022):France$1.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybeans BY Senegal WERE (2021 - 2022):India-$2M (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Soybeans were:
Brazil $47.2B
United States $34.6B
Argentina $3.25B
In 2022, Senegal's main importing competitors in Soybeans were:
China $54.1B
Mexico $4.08B
Japan $2.47B

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Trade Value of Soybeans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $2.72k
TOP IMPORT POTENTIALUnited States+ $457k

Soybeans’s highest export potential is France. With an export gap of $2.72k.   Soybeans’s highest import potential is United States with an import gap of $457k.

See methodology.

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