Bangladesh (BGD) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Bangladesh-Senegal Trade: In 2023, Bangladesh exported $730k to Senegal. The main products that Bangladesh exported to Senegal were Textile Footwear ($246k), Knit T-shirts ($119k), and Packing Bags ($111k). Over the past 5 years the exports of Bangladesh to Senegal have increased at an annualized rate of 85.3%, from $33.4k in 2018 to $730k in 2023.

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

Senegal-Bangladesh Trade: In 2023, Senegal exported $11.6M to Bangladesh. The main products that Senegal exported to Bangladesh were Raw Cotton ($11.4M) and Animal Meal and Pellets ($174k). Over the past 5 years the exports of Senegal to Bangladesh have increased at an annualized rate of 2.97%, from $10M in 2018 to $11.6M in 2023.

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

Comparison: In 2023, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). 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, Bangladesh exported $730k to Senegal. The main products exported from Bangladesh to Senegal were Textile Footwear ($246k), Knit T-shirts ($119k), and Packing Bags ($111k). During the last 5 years the exports of Bangladesh to Senegal have increased at an annualized rate of 85.3%, from $33.4k in 2018 to $730k in 2023.

In 2018, Senegal exported $11.6M to Bangladesh. The main products exported from Senegal to Bangladesh were Raw Cotton ($11.4M) and Animal Meal and Pellets ($174k). During the last 5 years the exports of Senegal to Bangladesh have increased at an annualized rate of 2.97%, from $10M in 2023 to $11.6M in 2018.

Exports from Bangladesh () to Senegal () (2023)

Exports from Senegal () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Senegal ()

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Bangladesh
Top DestinationUnited States$8.58B

Senegal
Top DestinationMali$1.22B

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

In 2023, countries that imported more from Bangladesh than Senegal included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Senegal than Bangladesh included Mali ($1.22B), Gambia ($210M), and Guinea-Bissau ($157M).

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

Comparative Advantage Bangladesh - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Bangladesh had a large net trade with Senegal in the exports of Textiles ($449k), Footwear and Headwear ($260k), and Foodstuffs ($19.9k).

During 2018, Senegal had a large net trade with Bangladesh in the exports of Textiles ($11.4M) and Foodstuffs ($174k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Bangladesh Senegal+$265kTextile Footwear

Top Product Potential Senegal Bangladesh+$85.8kAnimal Meal and Pellets

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 Bangladesh and Senegal. This means that a dot/product with the flag of Bangladesh indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Bangladesh.

About

Historical Data

Bilateral Trade by Products

Exports from Bangladesh () to Senegal () (2023)

Exports from Senegal () to Bangladesh () (2023)

Latest Data

Trade between Bangladesh () and Senegal ()

Senegal Exports

Market Competitiveness

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

Comparative Advantage Bangladesh - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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