2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 186
2022
Flag
 GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
Flag
GDP PC
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186

About

Kuwait-Senegal Trade: In 2022, Kuwait exported $28.2M to Senegal. The main products that Kuwait exported to Senegal were Refined Petroleum ($19M), Organic Composite Solvents ($4.26M), and Ethylene Polymers ($1.76M). Over the past 5 years the exports of Kuwait to Senegal have increased at an annualized rate of 78%, from $1.58M in 2017 to $28.2M in 2022.

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

Senegal-Kuwait Trade: In 2022, Senegal exported $373k to Kuwait. The main products that Senegal exported to Kuwait were Tomatoes ($132k), Aluminium Foil ($90.7k), and Non-Knit Women's Suits ($37k). Over the past 5 years the exports of Senegal to Kuwait have decreased at an annualized rate of 17.3%,  from $962k in 2017 to $373k in 2022.

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

Comparison: In 2022,  Kuwait ranked 46 in the Economic Complexity Index (ECI 0.44), and 42 in total exports ($101B). 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, Kuwait exported $28.2M to Senegal. The main products exported from Kuwait to Senegal were Refined Petroleum ($19M), Organic Composite Solvents ($4.26M), and Ethylene Polymers ($1.76M). During the last 5 years the exports of Kuwait to Senegal have increased at an annualized rate of 78%, from $1.58M in 2017 to $28.2M in 2022.

In 2017, Senegal exported $373k to Kuwait. The main products exported from Senegal to Kuwait were Tomatoes ($132k), Aluminium Foil ($90.7k), and Non-Knit Women's Suits ($37k). During the last 5 years the exports of Senegal to Kuwait have decreased at an annualized rate of 17.3%, from $962k in 2022 to $373k in 2017.

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

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

Latest Data

Trade between Kuwait (Flag) and Senegal (Flag)

Kuwait Exports

Senegal Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Senegal
Top Destination
Mali$1.13B

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

In 2022, countries that imported more from Kuwait than Senegal included China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2022, countries that imported more from Senegal than Kuwait included Mali ($1.13B), Switzerland ($662M), and Gambia ($177M).

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

Comparative Advantage Kuwait - Senegal

Flow
Scale

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

During 2022, Kuwait had a large net trade with Senegal in the exports of Mineral Products ($19M), Chemical Products ($4.71M), and Plastics and Rubbers ($2.2M).

During 2017, Senegal had a large net trade with Kuwait in the exports of Vegetable Products ($186k), Metals ($90.7k), and Textiles ($51.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kuwait Senegal+$13.7MRefined Petroleum
Top Product Potential Senegal Kuwait+$69.2kTomatoes

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with