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Pricing

2022
Flag → Flag
Exports $17.4MRnk 43 / 127
2022
Flag → Flag
Top Product $10.8MMalt Extract
2022
Flag → Flag
Exports $67kRnk 124 / 160
2022
Flag → Flag
Top Product $54.5kNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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 $4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Iran-Senegal Trade: In 2022, Iran exported $17.4M to Senegal. The main products that Iran exported to Senegal were Malt Extract ($10.8M), Edible Offal ($2.19M), and Cars ($1.63M). Over the past 5 years the exports of Iran to Senegal have decreased at an annualized rate of 14.7%, from $38.6M in 2017 to $17.4M in 2022.

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

Senegal-Iran Trade: In 2022, Senegal exported $67k to Iran. The main products that Senegal exported to Iran were Non-fillet Frozen Fish ($54.5k), Scrap Iron ($10.9k), and Crustaceans ($1.65k). Over the past 5 years the exports of Senegal to Iran have decreased at an annualized rate of 42.2%,  from $1.04M in 2017 to $67k in 2022.

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

Comparison: In 2022,  Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B). 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
Value

In 2022, Iran exported $17.4M to Senegal. The main products exported from Iran to Senegal were Malt Extract ($10.8M), Edible Offal ($2.19M), and Cars ($1.63M). During the last 5 years the exports of Iran to Senegal have decreased at an annualized rate of 14.7%, from $38.6M in 2017 to $17.4M in 2022.

In 2017, Senegal exported $67k to Iran. The main products exported from Senegal to Iran were Non-fillet Frozen Fish ($54.5k), Scrap Iron ($10.9k), and Crustaceans ($1.65k). During the last 5 years the exports of Senegal to Iran have decreased at an annualized rate of 42.2%, from $1.04M in 2022 to $67k in 2017.

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

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

Latest Data

Trade between Iran (Flag) and Senegal (Flag)

Senegal Exports

Market Competitiveness

Color
Iran
Top DestinationChina$5.72B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Iran than Senegal included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

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

Comparative Advantage Iran - Senegal

Flow
Scale

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

During 2022, Iran had a large net trade with Senegal in the exports of Foodstuffs ($11.2M), Animal Products ($2.72M), and Transportation ($1.7M).

During 2017, Senegal had a large net trade with Iran in the exports of Animal Products ($56.2k) and Metals ($10.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Iran Senegal+$164kConcentrated Milk
Top Product Potential Senegal Iran+$145kNon-fillet Frozen Fish

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

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

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