Armenia (ARM) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Armenia-Senegal Trade: In 2023, Armenia exported $83.3k to Senegal. The main products that Armenia exported to Senegal were Drilling Machines ($36.3k), Onions ($31.6k), and Cars ($15.5k). Over the past 5 years the exports of Armenia to Senegal have increased at an annualized rate of 13.3%, from $44.5k in 2018 to $83.3k in 2023.

In 2023, Armenia did not export any services to Senegal.

Senegal-Armenia Trade: In 2023, Senegal exported $1.05M to Armenia. The main products that Senegal exported to Armenia were Animal Meal and Pellets ($1.04M), Non-fillet Fresh Fish ($5.5k), and Melons ($1.63k). Over the past 5 years the exports of Senegal to Armenia have increased at an annualized rate of 272%, from $1.46k in 2018 to $1.05M in 2023.

In 2023, Senegal did not export any services to Armenia.

Comparison: In 2023, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). That same year, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Armenia exported $83.3k to Senegal. The main products exported from Armenia to Senegal were Drilling Machines ($36.3k), Onions ($31.6k), and Cars ($15.5k). During the last 5 years the exports of Armenia to Senegal have increased at an annualized rate of 13.3%, from $44.5k in 2018 to $83.3k in 2023.

In 2018, Senegal exported $1.05M to Armenia. The main products exported from Senegal to Armenia were Animal Meal and Pellets ($1.04M), Non-fillet Fresh Fish ($5.5k), and Melons ($1.63k). During the last 5 years the exports of Senegal to Armenia have increased at an annualized rate of 272%, from $1.46k in 2023 to $1.05M in 2018.

Exports from Armenia () to Senegal () (2023)

Exports from Senegal () to Armenia () (2023)

Latest Data

Trade between Armenia () and Senegal ()

Armenia Exports

Date

Dec 2017

Jul 2017

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Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Senegal
Top DestinationMali$1.22B

This map shows whether countries import more from Armenia or Senegal. Each country is colored based on the difference in imports they receive from Armenia and Senegal or the difference in the growth in imports.

In 2023, countries that imported more from Armenia than Senegal included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Senegal than Armenia included Mali ($1.22B), India ($681M), and Switzerland ($625M).

Difference in imports from Senegal () and Armenia () (2023)

Comparative Advantage Armenia - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Armenia and Senegal by product, considering products traded by both, Armenia and Senegal.

During 2023, Armenia had a large net trade with Senegal in the exports of Machines ($36.3k), Vegetable Products ($31.6k), and Transportation ($15.5k).

During 2018, Senegal had a large net trade with Armenia in the exports of Foodstuffs ($1.04M), Animal Products ($5.5k), and Vegetable Products ($2.17k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Senegal+$50.5kPackaged Medicaments

Top Product Potential Senegal Armenia+$68.3kTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Armenia and Senegal. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Senegal () (2023)

Exports from Senegal () to Armenia () (2023)

Latest Data

Trade between Armenia () and Senegal ()

Armenia Exports

Senegal Exports

Market Competitiveness

Difference in imports from Senegal () and Armenia () (2023)

Comparative Advantage Armenia - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Senegal () (2023)

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