2023
Flag  
GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 195
2023
Flag
 GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC 
$3,805CURRENT US$
Rnk 133 / 195
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195
2023
Flag
GDP PC
$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

Philippines-Senegal Trade: In 2023, Philippines exported $559k to Senegal. The main products that Philippines exported to Senegal were Packing Bags ($192k), Activated Carbon ($119k), and Centrifuges ($63.1k). Over the past 5 years the exports of Philippines to Senegal have decreased at an annualized rate of 10.6%, from $978k in 2018 to $559k in 2023.

In 2023, Philippines did not export any services to Senegal.

Senegal-Philippines Trade: In 2023, Senegal exported $4.04k to Philippines. The main products that Senegal exported to Philippines were Air Pumps ($4.04k). Over the past 5 years the exports of Senegal to Philippines have decreased at an annualized rate of 34.7%,  from $34k in 2018 to $4.04k in 2023.

In 2023, Senegal did not export any services to Philippines.

Comparison: In 2023,  Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B). That same year, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Philippines exported $559k to Senegal. The main products exported from Philippines to Senegal were Packing Bags ($192k), Activated Carbon ($119k), and Centrifuges ($63.1k). During the last 5 years the exports of Philippines to Senegal have decreased at an annualized rate of 10.6%, from $978k in 2018 to $559k in 2023.

In 2018, Senegal exported $4.04k to Philippines. The main products exported from Senegal to Philippines were Air Pumps ($4.04k). During the last 5 years the exports of Senegal to Philippines have decreased at an annualized rate of 34.7%, from $34k in 2023 to $4.04k in 2018.

Exports from Philippines (Flag) to Senegal (Flag) (2023)

Exports from Senegal (Flag) to Philippines (Flag) (2023)

Market Competitiveness

Color
Philippines
Top Destination
China$19B
Senegal
Top Destination
Mali$1.22B

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

In 2023, countries that imported more from Philippines than Senegal included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

In 2023, countries that imported more from Senegal than Philippines included Mali ($1.22B), Gambia ($210M), and Cote d'Ivoire ($167M).

Difference in imports from Senegal (Flag) and Philippines (Flag) (2023)

Comparative Advantage Philippines - Senegal

Flow
Scale

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

During 2023, Philippines had a large net trade with Senegal in the exports of Textiles ($193k), Machines ($166k), and Chemical Products ($131k).

During 2018, Senegal had a large net trade with Philippines in the exports of Machines ($4.04k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Philippines Senegal+$117kCentrifuges
Top Product Potential Senegal Philippines+$6.78kRefined 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 Philippines and Senegal. This means that a dot/product with the flag of Philippines indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Philippines.

Product Space of Philippines (Flag) and Senegal (Flag) (2023)

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