Japan (JPN) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Japan (JPN) and Senegal (SEN) Trade

2022

→

Exports $142MRnk 104 / 211

2022

→

Top Product $29.3MProcessed Synthetic Staple Fibers

2022

→

Exports $32.6MRnk 25 / 160

2022

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Top Product $8.51MNiobium, Tantalum, Vanadium and Zirconium Ore

2022

Economic Complexity (ECI) ECI 2.07Rnk 1 / 133

2022

Economic Complexity (ECI) ECI -0.5Rnk 85 / 133

2022

GDP$4.23TCURRENT US$
Rnk 3 / 186

2012-2022

GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186

2022

GDP$27.7BCURRENT US$
Rnk 108 / 186

2012-2022

GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186

2022

GDP PC $33,815CURRENT US$
Rnk 32 / 186

2012-2022

GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186

2022

GDP PC$1,599CURRENT US$
Rnk 154 / 186

2012-2022

GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

Image 1

Image by Bruno Cordioli
Link: https://flic.kr/p/bwAXab

Image 2

Image by Jeff Attaway
Link: https://flic.kr/p/933TN8

Latest Trends
Historical Data
Potential Exports
Economic Complexity

About

Japan-Senegal Trade: In 2022, Japan exported $142M to Senegal. The main products that Japan exported to Senegal were Processed Synthetic Staple Fibers ($29.3M), Synthetic Filament Tow ($27.9M), and Iron Pipes ($20.7M). Over the past 5 years the exports of Japan to Senegal have increased at an annualized rate of 4.64%, from $113M in 2017 to $142M in 2022.

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

Senegal-Japan Trade: In 2022, Senegal exported $32.6M to Japan. The main products that Senegal exported to Japan were Niobium, Tantalum, Vanadium and Zirconium Ore ($8.51M), Scrap Copper ($8.46M), and Processed Crustaceans ($5.29M). Over the past 5 years the exports of Senegal to Japan have increased at an annualized rate of 7.1%, from $21.6M in 2017 to $32.6M in 2022.

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

Comparison: In 2022, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). 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, Japan exported ¥661M and imported ¥666M from Senegal, resulting in a negative trade balance of ¥5.16M. Between August 2023 and August 2024 the exports of Japan have increased by ¥106M (19.1%) from ¥555M to ¥661M, while imports increased by ¥402M (152%) from ¥265M to ¥666M.

Trade In August 2024, the top exports of Japan to Senegal were Synthetic Filament Tow (¥492M), Hot-Rolled Iron (¥308M), Used Rubber Tires (¥45.4M), Delivery Trucks (¥23.7M), and Rubber Tires (¥21.3M). In August 2024 the top imports of Japan from Senegal were Scrap Copper (¥94.7M), Raw Aluminium (¥34.7M), Niobium, Tantalum, Vanadium and Zirconium Ore (¥31.8M), Precious Metal Scraps (¥31.3M), and Processed Crustaceans (¥30M).

Origins In August 2024 the exports of Japan were mainly from Hyōgo (¥485M), Kanagawa (¥66.9M), Fukuoka (¥58.5M), Ehime (¥16.5M), and Shizuoka (¥13.8M), while imports destinations were mainly Hyōgo (¥248M), Aichi (¥237M), Tokyo (¥156M), Fukuoka (¥15.5M), and Kanagawa (¥10.1M).

Growth In August 2024, the increase in Japan's year-by-year exports to Senegal was explained primarily by an increase in product exports in Synthetic Filament Tow (¥191M or 63.3%), Used Rubber Tires (¥18.9M or 71.6%), and Commodities not elsewhere specified (¥17.4M or 1.37k%). In August 2024, the increase in Japan's year-by-year imports from Senegal was explained primarily by an increase in product imports in Scrap Copper (¥39.6M or 71.8%) and Raw Aluminium (¥12.5M or 56.3%).

Latest Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Value

Trade Value

Growth

Growth (%)

Depth

HS2

HS4

HS6

EXPORT GROWTH (August 2023 - August 2024)¥106M(19.1%)

IMPORT GROWTH (August 2023 - August 2024)¥402M(152%)

MAIN EXPORTER (August 2024)Hyōgo¥485M

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Japan exported $142M to Senegal. The main products exported from Japan to Senegal were Processed Synthetic Staple Fibers ($29.3M), Synthetic Filament Tow ($27.9M), and Iron Pipes ($20.7M). During the last 5 years the exports of Japan to Senegal have increased at an annualized rate of 4.64%, from $113M in 2017 to $142M in 2022.

In 2017, Senegal exported $32.6M to Japan. The main products exported from Senegal to Japan were Niobium, Tantalum, Vanadium and Zirconium Ore ($8.51M), Scrap Copper ($8.46M), and Processed Crustaceans ($5.29M). During the last 5 years the exports of Senegal to Japan have increased at an annualized rate of 7.1%, from $21.6M in 2022 to $32.6M in 2017.

Exports from Japan () to Senegal () (2022)

Exports from Senegal () to Japan () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Japan
Top DestinationUnited States$137B

Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Japan than Senegal included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Senegal than Japan included Mali ($1.13B), Gambia ($177M), and Guinea ($182M).

Difference in imports from Senegal () and Japan () (2022)

Comparative Advantage Japan - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Japan had a large net trade with Senegal in the exports of Textiles ($58.8M), Machines ($31.5M), and Metals ($26.4M).

During 2017, Senegal had a large net trade with Japan in the exports of Mineral Products ($10.7M), Metals ($9.82M), and Foodstuffs ($5.42M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Japan Senegal+$7.55MCars

Top Product Potential Senegal Japan+$7.01MMolluscs

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

Product Space of Japan () and Senegal () (2022)

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