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Pricing

2022
Flag → Flag
Exports $619MRnk 54 / 138
2022
Flag → Flag
Top Product $451MRefined Petroleum
2022
Flag → Flag
Exports $1.53kRnk 155 / 160
2022
Flag → Flag
Top Product $1.53kPaintings
2022
Flag
Economic Complexity (ECI) ECI 0.43Rnk 47 / 133
2022
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Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
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GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
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GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
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GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Russia-Senegal Trade: In 2022, Russia exported $619M to Senegal. The main products that Russia exported to Senegal were Refined Petroleum ($451M), Wheat ($87.1M), and Sulphur ($19.4M). Over the past 5 years the exports of Russia to Senegal have increased at an annualized rate of 16%, from $294M in 2017 to $619M in 2022.

In 2020, Russia exported services to Senegal worth $287k, with Other business services ($180k), Transportation ($56k), and Financial services ($44k) being the largest in terms of value.

Senegal-Russia Trade: In 2022, Senegal exported $1.53k to Russia. The main products that Senegal exported to Russia were Paintings ($1.53k). Over the past 5 years the exports of Senegal to Russia have decreased at an annualized rate of 83.4%,  from $12.1M in 2017 to $1.53k in 2022.

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

Comparison: In 2022,  Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $95.9M and imported $514 from Senegal, resulting in a positive trade balance of $95.9M. Between January 2021 and January 2022 the exports of Russia have increased by $86.7M (941%) from $9.22M to $95.9M, while imports decreased by $-1.52M (-100%) from $1.52M to $514.

Trade In January 2022, the top exports of Russia to Senegal were Refined Petroleum ($7.09M), Ammonia ($1.18M), Nitrogenous Fertilizers ($462k), Other Uncoated Paper ($245k), and Newsprint ($86k). In January 2022 the top imports of Russia from Senegal were Tomatoes ($1.37M), Scrap Copper ($147k), and Other Copper Products ($473).

Origins In January 2022 the exports of Russia were mainly from KRASNODAR TERRITORY ($38.4M), MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($19M), KEMEROVO REGION ($11.8M), PERM TERRITORY ($7.65M), and ROSTOV REGION ($7.28M), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($514).

Growth In January 2022, the increase in Russia's year-by-year exports to Senegal was explained primarily by an increase in product exports in Other Uncoated Paper ($175k or 247%), Nitrogenous Fertilizers ($136k or 41.6%), and Newsprint ($54.3k or 171%). In January 2022, the decrease in Russia's year-by-year imports  from Senegal was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (January 2021 - January 2022)$86.7M(941%)
IMPORT GROWTH (January 2021 - January 2022)$-1.52M(-100%)
MAIN EXPORTER (January 2022)KRASNODAR TERRITORY$38.4M

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

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

For full datasets download visit Bulk Download page.

Explore Senegal and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $619M to Senegal. The main products exported from Russia to Senegal were Refined Petroleum ($451M), Wheat ($87.1M), and Sulphur ($19.4M). During the last 5 years the exports of Russia to Senegal have increased at an annualized rate of 16%, from $294M in 2017 to $619M in 2022.

In 2017, Senegal exported $1.53k to Russia. The main products exported from Senegal to Russia were Paintings ($1.53k). During the last 5 years the exports of Senegal to Russia have decreased at an annualized rate of 83.4%, from $12.1M in 2022 to $1.53k in 2017.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Russia than Senegal included China ($101B), India ($40.4B), and Germany ($27.7B).

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

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

Comparative Advantage Russia - Senegal

Flow
Scale

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

During 2022, Russia had a large net trade with Senegal in the exports of Mineral Products ($479M), Vegetable Products ($87.6M), and Chemical Products ($29.3M).

During 2017, Senegal had a large net trade with Russia in the exports of Arts and Antiques ($1.53k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Senegal+$7.66MCoal Briquettes
Top Product Potential Senegal Russia+$6.27kPaintings

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

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

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