Greece (GRC) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Greece-Senegal Trade: In 2023, Greece exported $29.7M to Senegal. The main products that Greece exported to Senegal were Refined Petroleum ($12M), Petroleum Coke ($11.9M), and Electric Batteries ($933k). Over the past 5 years the exports of Greece to Senegal have increased at an annualized rate of 26%, from $9.37M in 2018 to $29.7M in 2023.

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

Senegal-Greece Trade: In 2023, Senegal exported $17.2M to Greece. The main products that Senegal exported to Greece were Non-fillet Fresh Fish ($10.8M), Processed Crustaceans ($2.02M), and Crustaceans ($1.55M). Over the past 5 years the exports of Senegal to Greece have increased at an annualized rate of 9.02%, from $11.2M in 2018 to $17.2M in 2023.

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

Comparison: In 2023, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Greece exported $29.7M to Senegal. The main products exported from Greece to Senegal were Refined Petroleum ($12M), Petroleum Coke ($11.9M), and Electric Batteries ($933k). During the last 5 years the exports of Greece to Senegal have increased at an annualized rate of 26%, from $9.37M in 2018 to $29.7M in 2023.

In 2018, Senegal exported $17.2M to Greece. The main products exported from Senegal to Greece were Non-fillet Fresh Fish ($10.8M), Processed Crustaceans ($2.02M), and Crustaceans ($1.55M). During the last 5 years the exports of Senegal to Greece have increased at an annualized rate of 9.02%, from $11.2M in 2023 to $17.2M in 2018.

Exports from Greece () to Senegal () (2023)

Exports from Senegal () to Greece () (2023)

Latest Data

Trade between Greece () and Senegal ()

Greece Exports

Date

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Greece
Top DestinationItaly$6.21B

Senegal
Top DestinationMali$1.22B

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

In 2023, countries that imported more from Greece than Senegal included Italy ($6.21B), Germany ($3.06B), and Cyprus ($3.03B).

In 2023, countries that imported more from Senegal than Greece included Mali ($1.22B), Switzerland ($625M), and Gambia ($210M).

Difference in imports from Senegal () and Greece () (2023)

Comparative Advantage Greece - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Greece had a large net trade with Senegal in the exports of Mineral Products ($24.3M), Machines ($3.17M), and Chemical Products ($401k).

During 2018, Senegal had a large net trade with Greece in the exports of Animal Products ($13.7M), Foodstuffs ($2.59M), and Metals ($610k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Greece Senegal+$17.6MRefined Petroleum

Top Product Potential Senegal Greece+$2.06MMolluscs

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Greece () to Senegal () (2023)

Exports from Senegal () to Greece () (2023)

Latest Data

Trade between Greece () and Senegal ()

Greece Exports

Senegal Exports

Market Competitiveness

Difference in imports from Senegal () and Greece () (2023)

Comparative Advantage Greece - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Greece () and Senegal () (2023)

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