2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 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 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 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

Brazil-Senegal Trade: In 2022, Brazil exported $302M to Senegal. The main products that Brazil exported to Senegal were Rice ($84.6M), Refined Petroleum ($72.8M), and Raw Sugar ($54.9M). Over the past 5 years the exports of Brazil to Senegal have increased at an annualized rate of 16.8%, from $139M in 2017 to $302M in 2022.

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

Senegal-Brazil Trade: In 2022, Senegal exported $2.31M to Brazil. The main products that Senegal exported to Brazil were Niobium, Tantalum, Vanadium and Zirconium Ore ($1.15M), Titanium Ore ($435k), and Scrap Copper ($149k). Over the past 5 years the exports of Senegal to Brazil have decreased at an annualized rate of 5.61%,  from $3.08M in 2017 to $2.31M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). 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, Brazil exported $302M to Senegal. The main products exported from Brazil to Senegal were Rice ($84.6M), Refined Petroleum ($72.8M), and Raw Sugar ($54.9M). During the last 5 years the exports of Brazil to Senegal have increased at an annualized rate of 16.8%, from $139M in 2017 to $302M in 2022.

In 2017, Senegal exported $2.31M to Brazil. The main products exported from Senegal to Brazil were Niobium, Tantalum, Vanadium and Zirconium Ore ($1.15M), Titanium Ore ($435k), and Scrap Copper ($149k). During the last 5 years the exports of Senegal to Brazil have decreased at an annualized rate of 5.61%, from $3.08M in 2022 to $2.31M in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Senegal
Top Destination
Mali$1.13B

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 2022, countries that imported more from Brazil than Senegal included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Senegal than Brazil included Mali ($1.13B), Guinea-Bissau ($88.4M), and Guinea ($182M).

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

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 2022, Brazil had a large net trade with Senegal in the exports of Vegetable Products ($98.7M), Mineral Products ($72.8M), and Foodstuffs ($64.8M).

During 2017, Senegal had a large net trade with Brazil in the exports of Mineral Products ($1.59M), Machines ($284k), and Animal Hides ($184k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Senegal+$29.1MRefined Petroleum
Top Product Potential Senegal Brazil+$1.04MNiobium, Tantalum, Vanadium and Zirconium Ore

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) (2022)

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