Senegal (SEN) and Georgia (GEO) Trade | The Observatory of Economic Complexity

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Senegal-Georgia Trade: In 2022, Senegal exported $515k to Georgia. The main products that Senegal exported to Georgia were Processed Crustaceans ($363k), Rolled Tobacco ($110k), and Non-fillet Frozen Fish ($42.4k). Over the past 5 years the exports of Senegal to Georgia have increased at an annualized rate of 36%, from $111k in 2017 to $515k in 2022.

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

Georgia-Senegal Trade: In 2022, Georgia exported $2.92M to Senegal. The main products that Georgia exported to Senegal were Nitrogenous Fertilizers ($2.47M), Heavy Pure Woven Cotton ($139k), and Fork-Lifts ($53k). Over the past 5 years the exports of Georgia to Senegal have increased at an annualized rate of 0.51%, from $2.85M in 2017 to $2.92M in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Senegal exported $515k to Georgia. The main products exported from Senegal to Georgia were Processed Crustaceans ($363k), Rolled Tobacco ($110k), and Non-fillet Frozen Fish ($42.4k). During the last 5 years the exports of Senegal to Georgia have increased at an annualized rate of 36%, from $111k in 2017 to $515k in 2022.

In 2017, Georgia exported $2.92M to Senegal. The main products exported from Georgia to Senegal were Nitrogenous Fertilizers ($2.47M), Heavy Pure Woven Cotton ($139k), and Fork-Lifts ($53k). During the last 5 years the exports of Georgia to Senegal have increased at an annualized rate of 0.51%, from $2.85M in 2022 to $2.92M in 2017.

Exports from Senegal () to Georgia () (2022)

Exports from Georgia () to Senegal () (2022)

Latest Data

Trade between Senegal () and Georgia ()

Senegal Exports

Date

Georgia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.13B

Georgia
Top DestinationChina$759M

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

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

In 2022, countries that imported more from Georgia than Senegal included Azerbaijan ($668M), Russia ($642M), and Armenia ($571M).

Difference in imports from Georgia () and Senegal () (2022)

Comparative Advantage Senegal - Georgia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Senegal had a large net trade with Georgia in the exports of Foodstuffs ($473k) and Animal Products ($42.4k).

During 2017, Georgia had a large net trade with Senegal in the exports of Chemical Products ($2.48M), Textiles ($143k), and Machines ($70.9k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Georgia+$148kRolled Tobacco

Top Product Potential Georgia Senegal+$73.1kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Georgia () (2022)

Exports from Georgia () to Senegal () (2022)

Latest Data

Trade between Senegal () and Georgia ()

Senegal Exports

Georgia Exports

Market Competitiveness

Difference in imports from Georgia () and Senegal () (2022)

Comparative Advantage Senegal - Georgia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Georgia () (2022)

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