2022
Flag  
GDP
$471BCURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP GROWTH
15.1%CURRENT US$
Rnk 137 / 186
2022
Flag
 GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC 
$52,131CURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP PC GROWTH
7.34%CURRENT US$
Rnk 124 / 186
2022
Flag
GDP PC
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186

About

Austria-Senegal Trade: In 2022, Austria exported $68.8M to Senegal. The main products that Austria exported to Senegal were Light Pure Woven Cotton ($41M), Planes, Helicopters, and/or Spacecraft ($6.99M), and Electric Motors ($4.6M). Over the past 5 years the exports of Austria to Senegal have increased at an annualized rate of 11.1%, from $40.7M in 2017 to $68.8M in 2022.

In 2022, Austria did not export any services to Senegal.

Senegal-Austria Trade: In 2022, Senegal exported $209k to Austria. The main products that Senegal exported to Austria were Legume Flours ($111k), Other Pure Vegetable Oils ($74.1k), and Fake Hair ($16.7k). Over the past 5 years the exports of Senegal to Austria have decreased at an annualized rate of 31.4%,  from $1.37M in 2017 to $209k in 2022.

In 2022, Senegal did not export any services to Austria.

Comparison: In 2022,  Austria ranked 8 in the Economic Complexity Index (ECI 1.5), and 32 in total exports ($209B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Austria exported $68.8M to Senegal. The main products exported from Austria to Senegal were Light Pure Woven Cotton ($41M), Planes, Helicopters, and/or Spacecraft ($6.99M), and Electric Motors ($4.6M). During the last 5 years the exports of Austria to Senegal have increased at an annualized rate of 11.1%, from $40.7M in 2017 to $68.8M in 2022.

In 2017, Senegal exported $209k to Austria. The main products exported from Senegal to Austria were Legume Flours ($111k), Other Pure Vegetable Oils ($74.1k), and Fake Hair ($16.7k). During the last 5 years the exports of Senegal to Austria have decreased at an annualized rate of 31.4%, from $1.37M in 2022 to $209k in 2017.

Exports from Austria (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Austria (Flag) (2022)

Latest Data

Trade between Austria (Flag) and Senegal (Flag)

Austria Exports

Senegal Exports

Market Competitiveness

Color
Austria
Top Destination
Germany$57.7B
Senegal
Top Destination
Mali$1.13B

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

In 2022, countries that imported more from Austria than Senegal included Germany ($57.7B), United States ($14.4B), and Italy ($13.6B).

In 2022, countries that imported more from Senegal than Austria included Mali ($1.13B), Guinea ($182M), and Gambia ($177M).

Difference in imports from Senegal (Flag) and Austria (Flag) (2022)

Comparative Advantage Austria - Senegal

Flow
Scale

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

During 2022, Austria had a large net trade with Senegal in the exports of Textiles ($43.8M), Transportation ($9.48M), and Machines ($7.42M).

During 2017, Senegal had a large net trade with Austria in the exports of Vegetable Products ($111k), Animal and Vegetable Bi-Products ($74.1k), and Footwear and Headwear ($16.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Austria Senegal+$884kFlavored Water
Top Product Potential Senegal Austria+$52.1kOther Pure Vegetable Oils

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

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

Product Space of Austria (Flag) and Senegal (Flag) (2022)

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