Senegal (SEN) and Australia (AUS) Trade | The Observatory of Economic Complexity

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Senegal-Australia Trade: In 2023, Senegal exported $233M to Australia. The main products that Senegal exported to Australia were Gold ($228M), Niobium, Tantalum, Vanadium and Zirconium Ore ($3.61M), and Broadcasting Equipment ($461k). Over the past 5 years the exports of Senegal to Australia have increased at an annualized rate of 184%, from $1.27M in 2018 to $233M in 2023.

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

Australia-Senegal Trade: In 2023, Australia exported $49M to Senegal. The main products that Australia exported to Senegal were Stone Processing Machines ($5.69M), Cyanides ($2.76M), and Hot-Rolled Iron ($2.67M). Over the past 5 years the exports of Australia to Senegal have increased at an annualized rate of 24.1%, from $16.6M in 2018 to $49M in 2023.

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

Comparison: In 2023, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B). That same year, Australia ranked 75 in the Economic Complexity Index (ECI -0.28), and 20 in total exports ($374B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Senegal exported $233M to Australia. The main products exported from Senegal to Australia were Gold ($228M), Niobium, Tantalum, Vanadium and Zirconium Ore ($3.61M), and Broadcasting Equipment ($461k). During the last 5 years the exports of Senegal to Australia have increased at an annualized rate of 184%, from $1.27M in 2018 to $233M in 2023.

In 2018, Australia exported $49M to Senegal. The main products exported from Australia to Senegal were Stone Processing Machines ($5.69M), Cyanides ($2.76M), and Hot-Rolled Iron ($2.67M). During the last 5 years the exports of Australia to Senegal have increased at an annualized rate of 24.1%, from $16.6M in 2023 to $49M in 2018.

Exports from Senegal () to Australia () (2023)

Exports from Australia () to Senegal () (2023)

Latest Data

Trade between Senegal () and Australia ()

Senegal Exports

Date

Australia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.22B

Australia
Top DestinationChina$137B

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

In 2023, countries that imported more from Senegal than Australia included Mali ($1.22B), Gambia ($210M), and Guinea-Bissau ($157M).

In 2023, countries that imported more from Australia than Senegal included China ($137B), Japan ($59B), and South Korea ($20.9B).

Difference in imports from Australia () and Senegal () (2023)

Comparative Advantage Senegal - Australia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Senegal had a large net trade with Australia in the exports of Precious Metals ($228M), Mineral Products ($3.61M), and Machines ($955k).

During 2018, Australia had a large net trade with Senegal in the exports of Machines ($24.8M), Metals ($9.01M), and Chemical Products ($4.05M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Australia+$256kMachinery Having Individual Functions

Top Product Potential Australia Senegal+$7.15MCoal Briquettes

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Australia () (2023)

Exports from Australia () to Senegal () (2023)

Latest Data

Trade between Senegal () and Australia ()

Senegal Exports

Australia Exports

Market Competitiveness

Difference in imports from Australia () and Senegal () (2023)

Comparative Advantage Senegal - Australia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Australia () (2023)

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