Guinea (GIN) and Senegal (SEN) Trade | The Observatory of Economic Complexity

About

Guinea-Senegal Trade: In 2022, Guinea exported $11.6M to Senegal. The main products that Guinea exported to Senegal were Non-fillet Frozen Fish ($3.72M), Refined Petroleum ($3.52M), and Bran ($1.4M). Over the past 5 years the exports of Guinea to Senegal have increased at an annualized rate of 19%, from $4.86M in 2017 to $11.6M in 2022.

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

Senegal-Guinea Trade: In 2022, Senegal exported $182M to Guinea. The main products that Senegal exported to Guinea were Non-fillet Frozen Fish ($27.7M), Malt Extract ($21.8M), and Soups and Broths ($13.5M). Over the past 5 years the exports of Senegal to Guinea have increased at an annualized rate of 11.6%, from $105M in 2017 to $182M in 2022.

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

Comparison: In 2022, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guinea exported $11.6M to Senegal. The main products exported from Guinea to Senegal were Non-fillet Frozen Fish ($3.72M), Refined Petroleum ($3.52M), and Bran ($1.4M). During the last 5 years the exports of Guinea to Senegal have increased at an annualized rate of 19%, from $4.86M in 2017 to $11.6M in 2022.

In 2017, Senegal exported $182M to Guinea. The main products exported from Senegal to Guinea were Non-fillet Frozen Fish ($27.7M), Malt Extract ($21.8M), and Soups and Broths ($13.5M). During the last 5 years the exports of Senegal to Guinea have increased at an annualized rate of 11.6%, from $105M in 2022 to $182M in 2017.

Exports from Guinea () to Senegal () (2022)

Exports from Senegal () to Guinea () (2022)

Latest Data

Trade between Guinea () and Senegal ()

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guinea
Top DestinationChina$3.81B

Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Guinea than Senegal included China ($3.81B), United Arab Emirates ($2.59B), and India ($2.77B).

In 2022, countries that imported more from Senegal than Guinea included Mali ($1.13B), United States ($513M), and Switzerland ($662M).

Difference in imports from Senegal () and Guinea () (2022)

Comparative Advantage Guinea - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guinea had a large net trade with Senegal in the exports of Animal Products ($3.73M), Mineral Products ($3.52M), and Foodstuffs ($2.43M).

During 2017, Senegal had a large net trade with Guinea in the exports of Foodstuffs ($56.9M), Metals ($35.9M), and Animal Products ($29.9M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Guinea Senegal+$1.39MRefined Petroleum

Top Product Potential Senegal Guinea+$7.44MRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Guinea and Senegal. This means that a dot/product with the flag of Guinea indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Guinea.

About

Historical Data

Bilateral Trade by Products

Exports from Guinea () to Senegal () (2022)

Exports from Senegal () to Guinea () (2022)

Latest Data

Trade between Guinea () and Senegal ()

Senegal Exports

Market Competitiveness

Difference in imports from Senegal () and Guinea () (2022)

Comparative Advantage Guinea - Senegal

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Guinea () and Senegal () (2022)

Keep Exploring