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Pricing

2023
Flag → Flag
Exports $74.3kRnk 126 / 156
2023
Flag → Flag
Top Product $39.3kRefined Petroleum
2023
Flag → Flag
Exports $18.5kRnk 135 / 159
2023
Flag → Flag
Top Product $11.4kCentrifuges
2023
Flag
Economic Complexity (ECI) ECI -0.51Rnk 87 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.7Rnk 37 / 132
2023
Flag  
GDP$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP$27.5BCURRENT US$
Rnk 112 / 195
2013-2023
Flag
GDP GROWTH51.4%CURRENT US$
Rnk 71 / 195
2023
Flag
GDP PC $1,706CURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC$8,639CURRENT US$
Rnk 91 / 196
2013-2023
Flag
GDP PC GROWTH71.6%CURRENT US$
Rnk 23 / 195

About

Senegal-Bosnia and Herzegovina Trade: In 2023, Senegal exported $74.3k to Bosnia and Herzegovina. The main products that Senegal exported to Bosnia and Herzegovina were Refined Petroleum ($39.3k), Melons ($12.5k), and Non-fillet Fresh Fish ($6.39k). Over the past 5 years the exports of Senegal to Bosnia and Herzegovina have increased at an annualized rate of 8.33%, from $49.8k in 2018 to $74.3k in 2023.

In 2023, Senegal did not export any services to Bosnia and Herzegovina.

Bosnia and Herzegovina-Senegal Trade: In 2023, Bosnia and Herzegovina exported $18.5k to Senegal. The main products that Bosnia and Herzegovina exported to Senegal were Centrifuges ($11.4k), Low-voltage Protection Equipment ($2.93k), and Seats ($2.03k). Over the past 5 years the exports of Bosnia and Herzegovina to Senegal have decreased at an annualized rate of 28.2%,  from $97.2k in 2018 to $18.5k in 2023.

In 2023, Bosnia and Herzegovina 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, Bosnia and Herzegovina ranked 37 in the Economic Complexity Index (ECI 0.7), and 105 in total exports ($9.67B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $74.3k to Bosnia and Herzegovina. The main products exported from Senegal to Bosnia and Herzegovina were Refined Petroleum ($39.3k), Melons ($12.5k), and Non-fillet Fresh Fish ($6.39k). During the last 5 years the exports of Senegal to Bosnia and Herzegovina have increased at an annualized rate of 8.33%, from $49.8k in 2018 to $74.3k in 2023.

In 2018, Bosnia and Herzegovina exported $18.5k to Senegal. The main products exported from Bosnia and Herzegovina to Senegal were Centrifuges ($11.4k), Low-voltage Protection Equipment ($2.93k), and Seats ($2.03k). During the last 5 years the exports of Bosnia and Herzegovina to Senegal have decreased at an annualized rate of 28.2%, from $97.2k in 2023 to $18.5k in 2018.

Exports from Senegal (Flag) to Bosnia and Herzegovina (Flag) (2023)

Exports from Bosnia and Herzegovina (Flag) to Senegal (Flag) (2023)

Latest Data

Trade between Senegal (Flag) and Bosnia and Herzegovina (Flag)

Senegal Exports

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Senegal
Top DestinationMali$1.22B
Bosnia and Herzegovina
Top DestinationGermany$1.48B

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

In 2023, countries that imported more from Senegal than Bosnia and Herzegovina included Mali ($1.22B), India ($681M), and Switzerland ($625M).

In 2023, countries that imported more from Bosnia and Herzegovina than Senegal included Germany ($1.48B), Croatia ($1.39B), and Serbia ($1.18B).

Difference in imports from Bosnia and Herzegovina (Flag) and Senegal (Flag) (2023)

Comparative Advantage Senegal - Bosnia and Herzegovina

Flow
Scale

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

During 2023, Senegal had a large net trade with Bosnia and Herzegovina in the exports of Mineral Products ($39.3k), Vegetable Products ($13.2k), and Animal Products ($10k).

During 2018, Bosnia and Herzegovina had a large net trade with Senegal in the exports of Machines ($14.6k), Miscellaneous ($2.03k), and Metals ($1.04k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Bosnia and Herzegovina+$9.12kMelons
Top Product Potential Bosnia and Herzegovina Senegal+$503kRefined 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 Senegal and Bosnia and Herzegovina. This means that a dot/product with the flag of Senegal indicates it has a comparative advantage over Bosnia and Herzegovina. Similarly, a dot/product with the flag of Bosnia and Herzegovina indicates it has a comparative advantage over Senegal.

Product Space of Senegal (Flag) and Bosnia and Herzegovina (Flag) (2023)

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