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2022
Flag → Flag
Exports $1.25BRnk 53 / 217
2022
Flag → Flag
Top Product $401MRice
2022
Flag → Flag
Exports $1BRnk 2 / 160
2022
Flag → Flag
Top Product $846MPhosphoric Acid
2022
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC $2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

India-Senegal Trade: In 2022, India exported $1.25B to Senegal. The main products that India exported to Senegal were Rice ($401M), Special Purpose Ships ($192M), and Light Pure Woven Cotton ($117M). Over the past 5 years the exports of India to Senegal have increased at an annualized rate of 10.8%, from $748M in 2017 to $1.25B in 2022.

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

Senegal-India Trade: In 2022, Senegal exported $1B to India. The main products that Senegal exported to India were Phosphoric Acid ($846M), Coconuts, Brazil Nuts, and Cashews ($61.6M), and Insect Resins ($20.7M). Over the past 5 years the exports of Senegal to India have increased at an annualized rate of 30.9%,  from $260M in 2017 to $1B in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Latest Trends

August, 2024

About

Overview In August 2024, India exported $83.5M and imported $85.7M from Senegal, resulting in a negative trade balance of $2.14M. Between August 2023 and August 2024 the exports of India have decreased by $-508k (-0.6%) from $84M to $83.5M, while imports increased by $29.8M (53.5%) from $55.8M to $85.7M.

Trade In August 2024, the top exports of India to Senegal were Rice(Other Than Basmoti) ($17.9M), Sugar ($14.1M), Cotton Fabrics, Madeups Etc. ($11.9M), Drug Formulations, Biologicals ($6.09M), and Buffalo Meat ($4.51M). In August 2024 the top imports of India from Senegal were Inorganic Chemicals ($39.7M), Iron And Steel ($4.06M), Lead And Products Made Of Led ($1.58M), Aluminium, Products Of Aluminm ($1.09M), and Cashew ($741k).

Growth In August 2024, the decrease in India's year-by-year exports to Senegal was explained primarily by an decrease in product exports in Rice(Other Than Basmoti) ($-3.88M or -17.9%), Motor Vehicle/Cars ($-3.43M or -79.5%), and Electronics Components ($-1.33M or -87%). In August 2024, the increase in India's year-by-year imports  from Senegal was explained primarily by an increase in product imports  in Copper And Prdcts Made Of Copr ($375k or 152%) and Lead And Products Made Of Led ($248k or 18.6%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)$-508k(-0.6%)
IMPORT GROWTH (August 2023 - August 2024)$29.8M(53.5%)

This section shows exports and imports data at subnational level for India. Click any date in the line plot or any product to explore the exports or imports behavior of India over time.

To check Senegal and India trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Senegal and India Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $1.25B to Senegal. The main products exported from India to Senegal were Rice ($401M), Special Purpose Ships ($192M), and Light Pure Woven Cotton ($117M). During the last 5 years the exports of India to Senegal have increased at an annualized rate of 10.8%, from $748M in 2017 to $1.25B in 2022.

In 2017, Senegal exported $1B to India. The main products exported from Senegal to India were Phosphoric Acid ($846M), Coconuts, Brazil Nuts, and Cashews ($61.6M), and Insect Resins ($20.7M). During the last 5 years the exports of Senegal to India have increased at an annualized rate of 30.9%, from $260M in 2022 to $1B in 2017.

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

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

Market Competitiveness

Color
India
Top DestinationUnited States$82.9B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from India than Senegal included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Senegal than India included Mali ($1.13B), Guinea-Bissau ($88.4M), and Gambia ($177M).

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

Comparative Advantage India - Senegal

Flow
Scale

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

During 2022, India had a large net trade with Senegal in the exports of Vegetable Products ($407M), Transportation ($227M), and Textiles ($205M).

During 2017, Senegal had a large net trade with India in the exports of Chemical Products ($847M), Vegetable Products ($82.4M), and Metals ($33.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Senegal+$25.3MRefined Petroleum
Top Product Potential Senegal India+$11.9MCalcium Phosphates

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

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

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