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Pricing

2022
Flag → Flag
Exports $3.98MRnk 110 / 194
2022
Flag → Flag
Top Product $1MTea
2022
Flag → Flag
Exports $27.2kRnk 132 / 160
2022
Flag → Flag
Top Product $25.5kRolled Tobacco
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 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 $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Sri Lanka-Senegal Trade: In 2022, Sri Lanka exported $3.98M to Senegal. The main products that Sri Lanka exported to Senegal were Tea ($1M), Refined Petroleum ($900k), and Aluminium Cans ($538k). Over the past 5 years the exports of Sri Lanka to Senegal have decreased at an annualized rate of 7.42%, from $5.85M in 2017 to $3.98M in 2022.

In 2022, Sri Lanka did not export any services to Senegal.

Senegal-Sri Lanka Trade: In 2022, Senegal exported $27.2k to Sri Lanka. The main products that Senegal exported to Sri Lanka were Rolled Tobacco ($25.5k), Electrical Transformers ($1.63k), and Broadcasting Equipment ($69). Over the past 5 years the exports of Senegal to Sri Lanka have decreased at an annualized rate of 34.6%,  from $227k in 2017 to $27.2k in 2022.

In 2022, Senegal did not export any services to Sri Lanka.

Comparison: In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). 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, Sri Lanka exported $3.98M to Senegal. The main products exported from Sri Lanka to Senegal were Tea ($1M), Refined Petroleum ($900k), and Aluminium Cans ($538k). During the last 5 years the exports of Sri Lanka to Senegal have decreased at an annualized rate of 7.42%, from $5.85M in 2017 to $3.98M in 2022.

In 2017, Senegal exported $27.2k to Sri Lanka. The main products exported from Senegal to Sri Lanka were Rolled Tobacco ($25.5k), Electrical Transformers ($1.63k), and Broadcasting Equipment ($69). During the last 5 years the exports of Senegal to Sri Lanka have decreased at an annualized rate of 34.6%, from $227k in 2022 to $27.2k in 2017.

Exports from Sri Lanka (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Sri Lanka (Flag) (2022)

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Sri Lanka than Senegal included United States ($3.52B), United Kingdom ($1.04B), and Germany ($881M).

In 2022, countries that imported more from Senegal than Sri Lanka included Mali ($1.13B), Switzerland ($662M), and Cote d'Ivoire ($182M).

Difference in imports from Senegal (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Senegal

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Senegal in the exports of Vegetable Products ($1.01M), Mineral Products ($900k), and Textiles ($802k).

During 2017, Senegal had a large net trade with Sri Lanka in the exports of Foodstuffs ($25.5k) and Machines ($1.77k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Senegal+$99.1kRubber Tires
Top Product Potential Senegal Sri Lanka+$5.03kRefined Petroleum

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

Product Space of Sri Lanka (Flag) and Senegal (Flag) (2022)

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