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Pricing

2022
Flag → Flag
Exports $523kRnk 94 / 160
2022
Flag → Flag
Top Product $495kNon-fillet Frozen Fish
2022
Flag → Flag
Exports $2.82MRnk 101 / 170
2022
Flag → Flag
Top Product $2.79MSeed Oils
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag  
GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 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$6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186

About

Senegal-Ecuador Trade: In 2022, Senegal exported $523k to Ecuador. The main products that Senegal exported to Ecuador were Non-fillet Frozen Fish ($495k), Industrial Printers ($13.6k), and Broadcasting Equipment ($8.75k). Over the past 5 years the exports of Senegal to Ecuador have decreased at an annualized rate of 25%, from $2.2M in 2017 to $523k in 2022.

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

Ecuador-Senegal Trade: In 2022, Ecuador exported $2.82M to Senegal. The main products that Ecuador exported to Senegal were Seed Oils ($2.79M), Non-fillet Frozen Fish ($8.03k), and Molluscs ($7.4k). Over the past 5 years the exports of Ecuador to Senegal have increased at an annualized rate of 37.1%,  from $582k in 2017 to $2.82M in 2022.

In 2022, Ecuador 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, Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Senegal exported $523k to Ecuador. The main products exported from Senegal to Ecuador were Non-fillet Frozen Fish ($495k), Industrial Printers ($13.6k), and Broadcasting Equipment ($8.75k). During the last 5 years the exports of Senegal to Ecuador have decreased at an annualized rate of 25%, from $2.2M in 2017 to $523k in 2022.

In 2017, Ecuador exported $2.82M to Senegal. The main products exported from Ecuador to Senegal were Seed Oils ($2.79M), Non-fillet Frozen Fish ($8.03k), and Molluscs ($7.4k). During the last 5 years the exports of Ecuador to Senegal have increased at an annualized rate of 37.1%, from $582k in 2022 to $2.82M in 2017.

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

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

Latest Data

Trade between Senegal (Flag) and Ecuador (Flag)

Senegal Exports

Ecuador Exports

Market Competitiveness

Color
Senegal
Top DestinationMali$1.13B
Ecuador
Top DestinationUnited States$9.86B

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

In 2022, countries that imported more from Senegal than Ecuador included Mali ($1.13B), India ($1B), and Switzerland ($662M).

In 2022, countries that imported more from Ecuador than Senegal included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

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

Comparative Advantage Senegal - Ecuador

Flow
Scale

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

During 2022, Senegal had a large net trade with Ecuador in the exports of Animal Products ($495k), Machines ($23.9k), and Metals ($4.06k).

During 2017, Ecuador had a large net trade with Senegal in the exports of Animal and Vegetable Bi-Products ($2.79M), Animal Products ($15.4k), and Machines ($6.29k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Ecuador+$538kNon-fillet Frozen Fish
Top Product Potential Ecuador Senegal+$28.5kNon-fillet Frozen Fish

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

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

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