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Pricing

2022
Flag → Flag
Exports $74.2kRnk 123 / 160
2022
Flag → Flag
Top Product $18.3kOther Hand Tools
2022
Flag → Flag
Exports $181kRnk 92 / 141
2022
Flag → Flag
Top Product $33.6kDried Legumes
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.44Rnk 83 / 133
2022
Flag  
GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP$78.7BCURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC $1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC$7,737CURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP PC GROWTH3.21%CURRENT US$
Rnk 134 / 186

About

Senegal-Azerbaijan Trade: In 2022, Senegal exported $74.2k to Azerbaijan. The main products that Senegal exported to Azerbaijan were Other Hand Tools ($18.3k), Gas and Liquid Flow Measuring Instruments ($16.2k), and Centrifuges ($12.2k). Over the past 5 years the exports of Senegal to Azerbaijan have increased at an annualized rate of 22.8%, from $26.5k in 2017 to $74.2k in 2022.

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

Azerbaijan-Senegal Trade: In 2022, Azerbaijan exported $181k to Senegal. The main products that Azerbaijan exported to Senegal were Dried Legumes ($33.6k), Recovered Paper ($29.2k), and Apples and Pears ($28.1k). Over the past 5 years the exports of Azerbaijan to Senegal have increased at an annualized rate of 23.3%,  from $63.5k in 2017 to $181k in 2022.

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

Comparison: In 2022,  Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). That same year, Azerbaijan ranked 83 in the Economic Complexity Index (ECI -0.44), and 65 in total exports ($38.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Senegal exported $74.2k to Azerbaijan. The main products exported from Senegal to Azerbaijan were Other Hand Tools ($18.3k), Gas and Liquid Flow Measuring Instruments ($16.2k), and Centrifuges ($12.2k). During the last 5 years the exports of Senegal to Azerbaijan have increased at an annualized rate of 22.8%, from $26.5k in 2017 to $74.2k in 2022.

In 2017, Azerbaijan exported $181k to Senegal. The main products exported from Azerbaijan to Senegal were Dried Legumes ($33.6k), Recovered Paper ($29.2k), and Apples and Pears ($28.1k). During the last 5 years the exports of Azerbaijan to Senegal have increased at an annualized rate of 23.3%, from $63.5k in 2022 to $181k in 2017.

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

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

Latest Data

Trade between Senegal (Flag) and Azerbaijan (Flag)

Senegal Exports

Azerbaijan Exports

Market Competitiveness

Color
Senegal
Top DestinationMali$1.13B
Azerbaijan
Top DestinationItaly$18.3B

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

In 2022, countries that imported more from Senegal than Azerbaijan included Mali ($1.13B), United States ($513M), and Switzerland ($662M).

In 2022, countries that imported more from Azerbaijan than Senegal included Italy ($18.3B), Turkey ($3.57B), and Israel ($1.68B).

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

Comparative Advantage Senegal - Azerbaijan

Flow
Scale

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

During 2022, Senegal had a large net trade with Azerbaijan in the exports of Machines ($23.1k), Metals ($18.3k), and Instruments ($16.2k).

During 2017, Azerbaijan had a large net trade with Senegal in the exports of Vegetable Products ($61.7k), Instruments ($40.5k), and Paper Goods ($29.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Azerbaijan+$16.1kOther Hand Tools
Top Product Potential Azerbaijan Senegal+$45.5kApples and Pears

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

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

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