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Pricing

2023
Flag → Flag
Exports $63.2kRnk 127 / 156
2023
Flag → Flag
Top Product $23.9kOther Inedible Animal Products
2023
Flag → Flag
Exports $165kRnk 132 / 174
2023
Flag → Flag
Top Product $87.8kMolluscs
2023
Flag
Economic Complexity (ECI) ECI -0.51Rnk 87 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
Flag  
GDP$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
Flag
GDP GROWTH23.1%CURRENT US$
Rnk 131 / 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$6,610CURRENT US$
Rnk 109 / 196
2013-2023
Flag
GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195

About

Senegal-Ecuador Trade: In 2023, Senegal exported $63.2k to Ecuador. The main products that Senegal exported to Ecuador were Other Inedible Animal Products ($23.9k), Surveying Equipment ($13.8k), and Non-fillet Frozen Fish ($9.63k). Over the past 5 years the exports of Senegal to Ecuador have decreased at an annualized rate of 37.6%, from $665k in 2018 to $63.2k in 2023.

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

Ecuador-Senegal Trade: In 2023, Ecuador exported $165k to Senegal. The main products that Ecuador exported to Senegal were Molluscs ($87.8k), Frozen Fruits and Nuts ($53.5k), and Chemical Analysis Instruments ($10.1k). Over the past 5 years the exports of Ecuador to Senegal have increased at an annualized rate of 42.5%,  from $28k in 2018 to $165k in 2023.

In 2023, Ecuador 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, Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $63.2k to Ecuador. The main products exported from Senegal to Ecuador were Other Inedible Animal Products ($23.9k), Surveying Equipment ($13.8k), and Non-fillet Frozen Fish ($9.63k). During the last 5 years the exports of Senegal to Ecuador have decreased at an annualized rate of 37.6%, from $665k in 2018 to $63.2k in 2023.

In 2018, Ecuador exported $165k to Senegal. The main products exported from Ecuador to Senegal were Molluscs ($87.8k), Frozen Fruits and Nuts ($53.5k), and Chemical Analysis Instruments ($10.1k). During the last 5 years the exports of Ecuador to Senegal have increased at an annualized rate of 42.5%, from $28k in 2023 to $165k in 2018.

Exports from Senegal (Flag) to Ecuador (Flag) (2023)

Exports from Ecuador (Flag) to Senegal (Flag) (2023)

Latest Data

Trade between Senegal (Flag) and Ecuador (Flag)

Senegal Exports

Ecuador Exports

Market Competitiveness

Color
Senegal
Top DestinationMali$1.22B
Ecuador
Top DestinationUnited States$8.34B

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 2023, countries that imported more from Senegal than Ecuador included Mali ($1.22B), Australia ($233M), and Gambia ($210M).

In 2023, countries that imported more from Ecuador than Senegal included United States ($8.34B), China ($7.96B), and Panama ($4.38B).

Difference in imports from Ecuador (Flag) and Senegal (Flag) (2023)

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 2023, Senegal had a large net trade with Ecuador in the exports of Animal Products ($33.5k), Instruments ($13.8k), and Metals ($11.4k).

During 2018, Ecuador had a large net trade with Senegal in the exports of Animal Products ($87.8k), Vegetable Products ($63.4k), and Instruments ($13.5k).

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) (2023)

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