Overview In 2022, Senegal was the number 108 economy in the world in terms of GDP (current US$), the number 120 in total exports, the number 93 in total imports, the number 154 economy in terms of GDP per capita (current US$) and the number 85 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Senegal are Gold ($961M), Phosphoric Acid ($846M), Refined Petroleum ($824M), Other Precious Metal Products ($328M), and Non-fillet Frozen Fish ($278M), exporting mostly to Mali ($1.13B), India ($1B), Switzerland ($662M), United States ($513M), and China ($239M).

In 2022, Senegal was the world's biggest exporter of Processed Synthetic Staple Fibers ($36.9M)

Imports The top imports of Senegal are Refined Petroleum ($2.65B), Special Purpose Ships ($814M), Rice ($657M), Crude Petroleum ($420M), and Wheat ($386M), importing mostly from China ($3.61B), India ($1.25B), France ($1.11B), Belgium ($877M), and Netherlands ($726M).

In 2022, Senegal was the world's biggest importer of Processed Synthetic Staple Fibers ($45.4M)

Location Senegal borders Gambia, Guinea, Guinea-Bissau, Mali, and Mauritania by land and Cape Verde by sea.

Latest Trends

Latest Trade


The following section uses the most recent trade data from partners of Senegal.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Latest Data


The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Top Export (2022)Gold$961M
Top Destination (2022)Mali$1.13B

In 2022, Senegal exported a total of $6.2B, making it the number 120 exporter in the world. During the last five reported years the exports of Senegal have changed by $2.88B from $3.33B in 2017 to $6.2B in 2022.

The most recent exports are led by Gold ($961M), Phosphoric Acid ($846M), Refined Petroleum ($824M), Other Precious Metal Products ($328M), and Non-fillet Frozen Fish ($278M). The most common destination for the exports of Senegal are Mali ($1.13B), India ($1B), Switzerland ($662M), United States ($513M), and China ($239M).

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Exports (2022)
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Destinations (2022)
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Market Growth

Fastest Growing Export Markets (2021 - 2022)
India$460M (+ 85.1%)
United States$376M (+ 275%)
Mali$83.9M (+ 7.99%)
Fastest Growing Import Markets (2021 - 2022)
China$686M (+ 23.5%)
Indonesia$389M (+ 238%)
India$341M (+ 37.4%)

Total Export Growth by Market (2021 - 2022)

Service Trade

Service Trade

Senegal Exports Services (2018)$1.4B
Senegal Imports Services (2018)$1.68B

In 2018, Senegal exported $1.4B worth of services. The top services exported by Senegal in 2018 were Personal travel ($396M), Computer and information services ($206M), Government services, n.i.e. ($205M), Other business services ($197M), and Transportation ($162M).

The top services imported by Senegal in 2018 were Transportation ($935M), Other business services ($177M), Insurance services ($135M), Computer and information services ($124M), and Personal travel ($91M).

Service Exports (2018)

Service Imports (2018)

Economic Complexity


Economic Complexity (Trade)-0.5Rank 85 of 133
Economic Complexity (Technology)-1.36Rank 88 of 96
Economic Complexity (Research)-0.67Rank 99 of 135

Most Specialized Products by RCA Index

Senegal has a high level of specialization in Phosphoric Acid (391), Niobium, Tantalum, Vanadium and Zirconium Ore (214), Titanium Ore (210), Ground Nut Oil (177), and Soups and Broths (164). Specialization is measured using RCA, an index that takes the ratio between Senegal observed and expected exports in each product.

Export Opportunities by Relatedness

The top export opportunities for Senegal according to the relatedness index, were Cocoa Beans (0.18), Crude Petroleum (0.18), Other Ores (0.18), Perfume Plants (0.17), and Dried Legumes (0.17). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Senegal is not specialized in.

Product Space

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Senegal. These are products that tend to be co-exported with the products that Senegal exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relatedness Space (2022)

Diversification Frontier


The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower greenhouse emissions.

Economic Complexity Ranking


During the last 20 years Senegal's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨nullth to the 85th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

Explore Rankings

ECI (Trade) Ranking by Country

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