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Pricing

2022
Flag → Flag
Exports $253MRnk 100 / 221
2022
Flag → Flag
Top Product $13.2MWashing and Bottling Machines
2022
Flag → Flag
Exports $112MRnk 12 / 160
2022
Flag → Flag
Top Product $33.1MMolluscs
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 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 $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Italy-Senegal Trade: In 2022, Italy exported $253M to Senegal. The main products that Italy exported to Senegal were Washing and Bottling Machines ($13.2M), Unglazed Ceramics ($12.5M), and Used Clothing ($11.4M). Over the past 5 years the exports of Italy to Senegal have decreased at an annualized rate of 0.44%, from $259M in 2017 to $253M in 2022.

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

Senegal-Italy Trade: In 2022, Senegal exported $112M to Italy. The main products that Senegal exported to Italy were Molluscs ($33.1M), Processed Crustaceans ($32M), and Ground Nut Oil ($11.2M). Over the past 5 years the exports of Senegal to Italy have decreased at an annualized rate of 0.63%,  from $116M in 2017 to $112M in 2022.

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

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Latest Trends

July, 2024

About

Overview In July 2024, Italy exported €5.65M and imported €2.88M from Senegal, resulting in a positive trade balance of €2.77M. Between July 2023 and July 2024 the exports of Italy have increased by €2.1M (59.3%) from €3.55M to €5.65M, while imports increased by €390k (15.7%) from €2.49M to €2.88M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)€2.1M(59.3%)
IMPORT GROWTH (August 2023 - August 2024)€390k(15.7%)

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

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

For full datasets download visit Bulk Download page.

Explore Senegal and Italy Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $253M to Senegal. The main products exported from Italy to Senegal were Washing and Bottling Machines ($13.2M), Unglazed Ceramics ($12.5M), and Used Clothing ($11.4M). During the last 5 years the exports of Italy to Senegal have decreased at an annualized rate of 0.44%, from $259M in 2017 to $253M in 2022.

In 2017, Senegal exported $112M to Italy. The main products exported from Senegal to Italy were Molluscs ($33.1M), Processed Crustaceans ($32M), and Ground Nut Oil ($11.2M). During the last 5 years the exports of Senegal to Italy have decreased at an annualized rate of 0.63%, from $116M in 2022 to $112M in 2017.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Italy than Senegal included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

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

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

Comparative Advantage Italy - Senegal

Flow
Scale

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

During 2022, Italy had a large net trade with Senegal in the exports of Machines ($83.5M), Chemical Products ($28.2M), and Textiles ($24.3M).

During 2017, Senegal had a large net trade with Italy in the exports of Animal Products ($42M), Foodstuffs ($33.6M), and Animal and Vegetable Bi-Products ($11.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Senegal+$6.42MPackaged Medicaments
Top Product Potential Senegal Italy+$6.59MGold

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

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

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