2023
Flag  
GDP
$2.14TCURRENT US$
Rnk 10 / 195
2013-2023
Flag
GDP GROWTH
16%CURRENT US$
Rnk 150 / 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 
$53,431CURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP PC GROWTH
1.51%CURRENT US$
Rnk 152 / 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

Canada-Senegal Trade: In 2023, Canada exported $71.3M to Senegal. The main products that Canada exported to Senegal were Cars ($31.6M), Dried Legumes ($9.69M), and Other Oily Seeds ($4.6M). Over the past 5 years the exports of Canada to Senegal have increased at an annualized rate of 9.6%, from $45.1M in 2018 to $71.3M in 2023.

In 2020, Canada exported services to Senegal worth $36.5M, with Travel ($36.5M) being the largest in terms of value.

Senegal-Canada Trade: In 2023, Senegal exported $6.27M to Canada. The main products that Senegal exported to Canada were Fake Hair ($2.21M), Non-fillet Frozen Fish ($662k), and Fish Fillets ($480k). Over the past 5 years the exports of Senegal to Canada have increased at an annualized rate of 14.9%,  from $3.13M in 2018 to $6.27M in 2023.

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

Comparison: In 2023,  Canada ranked 30 in the Economic Complexity Index (ECI 0.9), and 10 in total exports ($574B). 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, Canada exported $71.3M to Senegal. The main products exported from Canada to Senegal were Cars ($31.6M), Dried Legumes ($9.69M), and Other Oily Seeds ($4.6M). During the last 5 years the exports of Canada to Senegal have increased at an annualized rate of 9.6%, from $45.1M in 2018 to $71.3M in 2023.

In 2018, Senegal exported $6.27M to Canada. The main products exported from Senegal to Canada were Fake Hair ($2.21M), Non-fillet Frozen Fish ($662k), and Fish Fillets ($480k). During the last 5 years the exports of Senegal to Canada have increased at an annualized rate of 14.9%, from $3.13M in 2023 to $6.27M in 2018.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$410B
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from Canada than Senegal included United States ($410B), China ($31.1B), and United Kingdom ($18B).

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

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

Comparative Advantage Canada - Senegal

Flow
Scale

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

During 2023, Canada had a large net trade with Senegal in the exports of Transportation ($36.6M), Vegetable Products ($14.9M), and Machines ($5.88M).

During 2018, Senegal had a large net trade with Canada in the exports of Footwear and Headwear ($2.22M), Animal Products ($1.99M), and Foodstuffs ($600k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Canada Senegal+$8.2MCars
Top Product Potential Senegal Canada+$951kRefined 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 Canada and Senegal. This means that a dot/product with the flag of Canada indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Canada.

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

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