2022
Flag  
GDP
$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH
12.7%CURRENT US$
Rnk 142 / 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 
$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH
-0.33%CURRENT US$
Rnk 144 / 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

Chile-Senegal Trade: In 2022, Chile exported $697k to Senegal. The main products that Chile exported to Senegal were Nitrites and Nitrates ($182k), Other Prepared Meat ($122k), and Grapes ($118k). Over the past 5 years the exports of Chile to Senegal have decreased at an annualized rate of 9.51%, from $1.15M in 2017 to $697k in 2022.

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

Senegal-Chile Trade: In 2022, Senegal exported $871k to Chile. The main products that Senegal exported to Chile were Fish Oil ($419k), Trunks and Cases ($156k), and Non-Knit Women's Suits ($134k). Over the past 5 years the exports of Senegal to Chile have decreased at an annualized rate of 8.29%,  from $1.34M in 2017 to $871k in 2022.

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

Comparison: In 2022,  Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B). 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, Chile exported $697k to Senegal. The main products exported from Chile to Senegal were Nitrites and Nitrates ($182k), Other Prepared Meat ($122k), and Grapes ($118k). During the last 5 years the exports of Chile to Senegal have decreased at an annualized rate of 9.51%, from $1.15M in 2017 to $697k in 2022.

In 2017, Senegal exported $871k to Chile. The main products exported from Senegal to Chile were Fish Oil ($419k), Trunks and Cases ($156k), and Non-Knit Women's Suits ($134k). During the last 5 years the exports of Senegal to Chile have decreased at an annualized rate of 8.29%, from $1.34M in 2022 to $871k in 2017.

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

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

Market Competitiveness

Color
Chile
Top Destination
China$38.5B
Senegal
Top Destination
Mali$1.13B

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

In 2022, countries that imported more from Chile than Senegal included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

In 2022, countries that imported more from Senegal than Chile included Mali ($1.13B), Guinea ($182M), and Gambia ($177M).

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

Comparative Advantage Chile - Senegal

Flow
Scale

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

During 2022, Chile had a large net trade with Senegal in the exports of Chemical Products ($182k), Vegetable Products ($155k), and Foodstuffs ($127k).

During 2017, Senegal had a large net trade with Chile in the exports of Animal and Vegetable Bi-Products ($419k), Textiles ($196k), and Animal Hides ($156k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chile Senegal+$142kGrapes
Top Product Potential Senegal Chile+$203kFish Oil

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

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

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