Senegal (SEN) and Ghana (GHA) Trade | The Observatory of Economic Complexity

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Senegal-Ghana Trade: In 2023, Senegal exported $22.5M to Ghana. The main products that Senegal exported to Ghana were Non-fillet Frozen Fish ($7.65M), Tropical Fruits ($2.24M), and Wheat ($2.03M). Over the past 5 years the exports of Senegal to Ghana have decreased at an annualized rate of 4.28%, from $28M in 2018 to $22.5M in 2023.

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

Ghana-Senegal Trade: In 2023, Ghana exported $41.5M to Senegal. The main products that Ghana exported to Senegal were Petroleum Gas ($8.65M), Malt Extract ($8.15M), and Palm Oil ($4.44M). Over the past 5 years the exports of Ghana to Senegal have decreased at an annualized rate of 0.79%, from $43.2M in 2018 to $41.5M in 2023.

In 2023, Ghana 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, Ghana ranked 109 in the Economic Complexity Index (ECI -0.97), and 71 in total exports ($27.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Senegal exported $22.5M to Ghana. The main products exported from Senegal to Ghana were Non-fillet Frozen Fish ($7.65M), Tropical Fruits ($2.24M), and Wheat ($2.03M). During the last 5 years the exports of Senegal to Ghana have decreased at an annualized rate of 4.28%, from $28M in 2018 to $22.5M in 2023.

In 2018, Ghana exported $41.5M to Senegal. The main products exported from Ghana to Senegal were Petroleum Gas ($8.65M), Malt Extract ($8.15M), and Palm Oil ($4.44M). During the last 5 years the exports of Ghana to Senegal have decreased at an annualized rate of 0.79%, from $43.2M in 2023 to $41.5M in 2018.

Exports from Senegal () to Ghana () (2023)

Exports from Ghana () to Senegal () (2023)

Latest Data

Trade between Senegal () and Ghana ()

Senegal Exports

Date

Ghana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.22B

Ghana
Top DestinationSwitzerland$6.49B

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

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

In 2023, countries that imported more from Ghana than Senegal included Switzerland ($6.49B), United Arab Emirates ($4.93B), and South Africa ($1.85B).

Difference in imports from Ghana () and Senegal () (2023)

Comparative Advantage Senegal - Ghana

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Senegal had a large net trade with Ghana in the exports of Animal Products ($8.88M), Vegetable Products ($4.3M), and Chemical Products ($2.94M).

During 2018, Ghana had a large net trade with Senegal in the exports of Foodstuffs ($10.3M), Mineral Products ($8.88M), and Animal and Vegetable Bi-Products ($4.58M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Ghana+$1.44MRefined Petroleum

Top Product Potential Ghana Senegal+$296kSawn Wood

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Ghana () (2023)

Exports from Ghana () to Senegal () (2023)

Latest Data

Trade between Senegal () and Ghana ()

Senegal Exports

Ghana Exports

Market Competitiveness

Difference in imports from Ghana () and Senegal () (2023)

Comparative Advantage Senegal - Ghana

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Ghana () (2023)

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