2022
Flag  
GDP
$281BCURRENT US$
Rnk 47 / 186
2012-2022
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GDP GROWTH
8.73%CURRENT US$
Rnk 147 / 186
2022
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 GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
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GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
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GDP PC 
$50,537CURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP PC GROWTH
5.93%CURRENT US$
Rnk 127 / 186
2022
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GDP PC
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186

About

Finland-Senegal In 2022, Finland exported $16.9M to Senegal. The main products that Finland exported to Senegal are Other Construction Vehicles ($4.22M), Large Construction Vehicles ($1.27M), and Delivery Trucks ($1.21M). During the last 27 years the exports of Finland to Senegal have increased at an annualized rate of 2.66%, from $8.33M in 1995 to $16.9M in 2022.

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

Senegal-Finland In 2022, Senegal exported $596k to Finland. The main products that Senegal exported to Finland were Chemical Analysis Instruments ($400k), Tomatoes ($114k), and Legumes ($9.36k). During the last 27 years the exports of Senegal to Finland have increased at an annualized rate of 16.5%, from $9.76k in 1995 to $596k in 2022.

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

Comparison In 2022,  Finland ranked 11 in the Economic Complexity Index (ECI 1.39), and 46 in total exports ($89.9B). That same year, Senegal ranked 83 in the Economic Complexity Index (ECI -0.48), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Finland exported $16.9M to Senegal. The main products exported from Finland to Senegal were Other Construction Vehicles ($4.22M), Large Construction Vehicles ($1.27M), and Delivery Trucks ($1.21M). During the last 27 years the exports of Finland to Senegal have increased at an annualized rate of 2.66%, from $8.33M in 1995 to $16.9M in 2022.

In 2022, Senegal exported $596k to Finland. The main products exported from Senegal to Finland were Chemical Analysis Instruments ($400k), Tomatoes ($114k), and Legumes ($9.36k). During the last 27 years the exports of Senegal to Finland have increased at an annualized rate of 16.5%, from $9.76k in 1995 to $596k in 2022.

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

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

Latest Data

Trade between Finland (Flag) and Senegal (Flag)

Finland Exports

Senegal Exports

Market Competitiveness

Color
Finland
Top Destination
Germany$9.99B
Senegal
Top Destination
Mali$1.13B

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

In 2021, countries that imported more from Finland than Senegal were Germany ($9.99B), Sweden ($9.1B), and United States ($9.17B).

In 2021, countries that imported more from Senegal than Finland were Mali ($1.13B), Guinea ($182M), and Gambia ($177M).

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

Comparative Advantage Finland - Senegal

Flow
Scale

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

During 2022, Finland had a large net trade with Senegal in the exports of Machines ($10.9M), Paper Goods ($2.69M), and Transportation ($1.28M).

During 2022, Senegal had a large net trade with Finland in the exports of Instruments ($404k), Vegetable Products ($144k), and Machines ($25.9k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Finland has comparative advantage over Senegal. Similarly, the more yellow a dot/product is, the more Senegal has comparative advantage over Finland.

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

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