2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP
$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH
54%CURRENT US$
Rnk 67 / 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
$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH
36.8%CURRENT US$
Rnk 65 / 195

About

Senegal-Philippines Trade: In 2023, Senegal exported $4.04k to Philippines. The main products that Senegal exported to Philippines were Air Pumps ($4.04k). Over the past 5 years the exports of Senegal to Philippines have decreased at an annualized rate of 34.7%, from $34k in 2018 to $4.04k in 2023.

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

Philippines-Senegal Trade: In 2023, Philippines exported $559k to Senegal. The main products that Philippines exported to Senegal were Packing Bags ($192k), Activated Carbon ($119k), and Centrifuges ($63.1k). Over the past 5 years the exports of Philippines to Senegal have decreased at an annualized rate of 8.91%,  from $978k in 2018 to $559k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $4.04k to Philippines. The main products exported from Senegal to Philippines were Air Pumps ($4.04k). During the last 5 years the exports of Senegal to Philippines have decreased at an annualized rate of 34.7%, from $34k in 2018 to $4.04k in 2023.

In 2018, Philippines exported $559k to Senegal. The main products exported from Philippines to Senegal were Packing Bags ($192k), Activated Carbon ($119k), and Centrifuges ($63.1k). During the last 5 years the exports of Philippines to Senegal have decreased at an annualized rate of 8.91%, from $978k in 2023 to $559k in 2018.

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

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

Latest Data

Trade between Senegal (Flag) and Philippines (Flag)

Senegal Exports

Philippines Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
Philippines
Top Destination
China$19B

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

In 2023, countries that imported more from Senegal than Philippines included Mali ($1.22B), Gambia ($210M), and Cote d'Ivoire ($167M).

In 2023, countries that imported more from Philippines than Senegal included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Senegal - Philippines

Flow
Scale

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

During 2023, Senegal had a large net trade with Philippines in the exports of Machines ($4.04k).

During 2018, Philippines had a large net trade with Senegal in the exports of Textiles ($193k), Machines ($166k), and Chemical Products ($131k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Philippines+$6.78kRefined Petroleum
Top Product Potential Philippines Senegal+$117kCentrifuges

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

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

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