2022
Flag  
GDP
$43.1BCURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP GROWTH
59%CURRENT US$
Rnk 41 / 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 
$3,523CURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP PC GROWTH
37.5%CURRENT US$
Rnk 52 / 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

Bolivia-Senegal Trade: In 2022, Bolivia exported $11.9k to Senegal. The main products that Bolivia exported to Senegal were Other Heating Machinery ($5.65k), Integrated Circuits ($3.16k), and Insulated Wire ($3.07k). Over the past 7 years the exports of Bolivia to Senegal have decreased at an annualized rate of 51.2%, from $1.8M in 2015 to $11.9k in 2022.

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

Senegal-Bolivia Trade: In 2022, Senegal exported $541 to Bolivia. The main products that Senegal exported to Bolivia were Other Rubber Products ($294), Additive manufacturing machines ($223), and Medical Instruments ($21). Over the past 7 years the exports of Senegal to Bolivia have decreased at an annualized rate of 35.6%,  from $4.87k in 2015 to $541 in 2022.

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

Comparison: In 2022,  Bolivia ranked 106 in the Economic Complexity Index (ECI -0.85), and 93 in total exports ($13.8B). 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, Bolivia exported $11.9k to Senegal. The main products exported from Bolivia to Senegal were Other Heating Machinery ($5.65k), Integrated Circuits ($3.16k), and Insulated Wire ($3.07k). During the last 7 years the exports of Bolivia to Senegal have decreased at an annualized rate of 51.2%, from $1.8M in 2015 to $11.9k in 2022.

In 2017, Senegal exported $541 to Bolivia. The main products exported from Senegal to Bolivia were Other Rubber Products ($294), Additive manufacturing machines ($223), and Medical Instruments ($21). During the last 5 years the exports of Senegal to Bolivia have decreased at an annualized rate of 35.6%, from $4.87k in 2022 to $541 in 2017.

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

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

Market Competitiveness

Color
Bolivia
Top Destination
India$2.27B
Senegal
Top Destination
Mali$1.13B

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

In 2022, countries that imported more from Bolivia than Senegal included Brazil ($1.89B), Argentina ($1.76B), and India ($2.27B).

In 2022, countries that imported more from Senegal than Bolivia included Mali ($1.13B), Switzerland ($662M), and Guinea ($182M).

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

Comparative Advantage Bolivia - Senegal

Flow
Scale

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

During 2022, Bolivia had a large net trade with Senegal in the exports of Machines ($11.9k).

During 2017, Senegal had a large net trade with Bolivia in the exports of Plastics and Rubbers ($294), Machines ($223), and Instruments ($21).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bolivia Senegal+$6.78kBlank Audio Media
Top Product Potential Senegal Bolivia+$4.65kRefined Petroleum

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

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

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