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2023
Flag → Flag
Exports $10MRnk 19 / 109
2023
Flag → Flag
Top Product $3.86MPetroleum Gas
2023
Flag → Flag
Exports $154MRnk 12 / 156
2023
Flag → Flag
Top Product $30.7MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI -2.18Rnk 131 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.51Rnk 87 / 132
2023
Flag  
GDP$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH165%CURRENT US$
Rnk 4 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC $1,541CURRENT US$
Rnk 166 / 195
2013-2023
Flag
GDP PC GROWTH106%CURRENT US$
Rnk 7 / 195
2023
Flag
GDP PC$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 92 / 195

About

Guinea-Senegal Trade: In 2023, Guinea exported $10M to Senegal. The main products that Guinea exported to Senegal were Petroleum Gas ($3.86M), Animal Food ($3.09M), and Non-fillet Frozen Fish ($1.71M). Over the past 5 years the exports of Guinea to Senegal have decreased at an annualized rate of 0.55%, from $10.3M in 2018 to $10M in 2023.

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

Senegal-Guinea Trade: In 2023, Senegal exported $154M to Guinea. The main products that Senegal exported to Guinea were Non-fillet Frozen Fish ($30.7M), Malt Extract ($11.2M), and Unglazed Ceramics ($10.5M). Over the past 5 years the exports of Senegal to Guinea have increased at an annualized rate of 3.91%,  from $127M in 2018 to $154M in 2023.

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

Comparison: In 2023,  Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B). 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, Guinea exported $10M to Senegal. The main products exported from Guinea to Senegal were Petroleum Gas ($3.86M), Animal Food ($3.09M), and Non-fillet Frozen Fish ($1.71M). During the last 5 years the exports of Guinea to Senegal have decreased at an annualized rate of 0.55%, from $10.3M in 2018 to $10M in 2023.

In 2018, Senegal exported $154M to Guinea. The main products exported from Senegal to Guinea were Non-fillet Frozen Fish ($30.7M), Malt Extract ($11.2M), and Unglazed Ceramics ($10.5M). During the last 5 years the exports of Senegal to Guinea have increased at an annualized rate of 3.91%, from $127M in 2023 to $154M in 2018.

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

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

Latest Data

Trade between Guinea (Flag) and Senegal (Flag)

Senegal Exports

Market Competitiveness

Color
Guinea
Top DestinationUnited Arab Emirates$9.05B
Senegal
Top DestinationMali$1.22B

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 2023, countries that imported more from Guinea than Senegal included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

In 2023, countries that imported more from Senegal than Guinea included Mali ($1.22B), Switzerland ($625M), and Australia ($233M).

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

Comparative Advantage Guinea - Senegal

Flow
Scale

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

During 2023, Guinea had a large net trade with Senegal in the exports of Foodstuffs ($3.96M), Mineral Products ($3.86M), and Animal Products ($1.72M).

During 2018, Senegal had a large net trade with Guinea in the exports of Foodstuffs ($40.3M), Animal Products ($34.2M), and Metals ($24.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
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.

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Economic Complexity

Competitive Landscape

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.

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

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