2023
Flag  
GDP
$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH
-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC 
$10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH
-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC
$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

Brazil-Senegal Trade: In 2023, Brazil exported $291M to Senegal. The main products that Brazil exported to Senegal were Raw Sugar ($92.2M), Rice ($87.5M), and Corn ($28.8M). Over the past 5 years the exports of Brazil to Senegal have increased at an annualized rate of 21.9%, from $108M in 2018 to $291M in 2023.

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

Senegal-Brazil Trade: In 2023, Senegal exported $5.34M to Brazil. The main products that Senegal exported to Brazil were Scrap Copper ($1.7M), Titanium Ore ($1.41M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($995k). Over the past 5 years the exports of Senegal to Brazil have increased at an annualized rate of 0.42%,  from $5.23M in 2018 to $5.34M in 2023.

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

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). 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
Value

In 2023, Brazil exported $291M to Senegal. The main products exported from Brazil to Senegal were Raw Sugar ($92.2M), Rice ($87.5M), and Corn ($28.8M). During the last 5 years the exports of Brazil to Senegal have increased at an annualized rate of 21.9%, from $108M in 2018 to $291M in 2023.

In 2018, Senegal exported $5.34M to Brazil. The main products exported from Senegal to Brazil were Scrap Copper ($1.7M), Titanium Ore ($1.41M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($995k). During the last 5 years the exports of Senegal to Brazil have increased at an annualized rate of 0.42%, from $5.23M in 2023 to $5.34M in 2018.

Exports from Brazil (Flag) to Senegal (Flag) (2023)

Exports from Senegal (Flag) to Brazil (Flag) (2023)

Market Competitiveness

Color
Brazil
Top Destination
China$106B
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from Brazil than Senegal included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Difference in imports from Senegal (Flag) and Brazil (Flag) (2023)

Comparative Advantage Brazil - Senegal

Flow
Scale

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

During 2023, Brazil had a large net trade with Senegal in the exports of Vegetable Products ($132M), Foodstuffs ($98.5M), and Animal Products ($17.8M).

During 2018, Senegal had a large net trade with Brazil in the exports of Mineral Products ($2.4M), Metals ($2.26M), and Animal Hides ($287k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Senegal+$29.1MRefined Petroleum
Top Product Potential Senegal Brazil+N/AN/A

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

Product Space of Brazil (Flag) and Senegal (Flag) (2023)

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