2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP
$22.2BCURRENT US$
Rnk 117 / 195
2013-2023
Flag
GDP GROWTH
165%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC 
$1,706CURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC
$1,541CURRENT US$
Rnk 166 / 196
2013-2023
Flag
GDP PC GROWTH
106%CURRENT US$
Rnk 7 / 195

About

Senegal-Guinea Trade: In 2023, Senegal exported $154M to Guinea. The main products that Senegal exported to Guinea were Non-fillet Frozen Fish ($30.7M), Malt Extract ($11.2M), and Unglazed Ceramics ($10.5M). Over the past 5 years the exports of Senegal to Guinea have increased at an annualized rate of 3.91%, from $127M in 2018 to $154M in 2023.

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

Guinea-Senegal Trade: In 2023, Guinea exported $10M to Senegal. The main products that Guinea exported to Senegal were Petroleum Gas ($3.86M), Animal Food ($3.09M), and Non-fillet Frozen Fish ($1.71M). Over the past 5 years the exports of Guinea to Senegal have decreased at an annualized rate of 0.55%,  from $10.3M in 2018 to $10M in 2023.

In 2023, Guinea 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, Guinea ranked 131 in the Economic Complexity Index (ECI -2.18), and 83 in total exports ($18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $154M to Guinea. The main products exported from Senegal to Guinea were Non-fillet Frozen Fish ($30.7M), Malt Extract ($11.2M), and Unglazed Ceramics ($10.5M). During the last 5 years the exports of Senegal to Guinea have increased at an annualized rate of 3.91%, from $127M in 2018 to $154M in 2023.

In 2018, Guinea exported $10M to Senegal. The main products exported from Guinea to Senegal were Petroleum Gas ($3.86M), Animal Food ($3.09M), and Non-fillet Frozen Fish ($1.71M). During the last 5 years the exports of Guinea to Senegal have decreased at an annualized rate of 0.55%, from $10.3M in 2023 to $10M in 2018.

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

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

Latest Data

Trade between Senegal (Flag) and Guinea (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
Guinea
Top Destination
United Arab Emirates$9.05B

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

In 2023, countries that imported more from Senegal than Guinea included Mali ($1.22B), Switzerland ($625M), and Australia ($233M).

In 2023, countries that imported more from Guinea than Senegal included United Arab Emirates ($9.05B), China ($6.41B), and India ($1.45B).

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

Comparative Advantage Senegal - Guinea

Flow
Scale

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

During 2023, Senegal had a large net trade with Guinea in the exports of Foodstuffs ($40.3M), Animal Products ($34.2M), and Metals ($24.1M).

During 2018, Guinea had a large net trade with Senegal in the exports of Foodstuffs ($3.96M), Mineral Products ($3.86M), and Animal Products ($1.72M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Guinea+$7.44MRefined Petroleum
Top Product Potential Guinea Senegal+$1.39MRefined 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 Guinea. This means that a dot/product with the flag of Senegal indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Senegal.

Product Space of Senegal (Flag) and Guinea (Flag) (2023)

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