Senegal (SEN) and Portugal (PRT) Trade | The Observatory of Economic Complexity

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Senegal-Portugal Trade: In 2022, Senegal exported $19M to Portugal. The main products that Senegal exported to Portugal were Processed Crustaceans ($7.31M), Molluscs ($3.04M), and Non-fillet Fresh Fish ($2.47M). Over the past 5 years the exports of Senegal to Portugal have decreased at an annualized rate of 3.66%, from $22.8M in 2017 to $19M in 2022.

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

Portugal-Senegal Trade: In 2022, Portugal exported $58.8M to Senegal. The main products that Portugal exported to Senegal were Flavored Water ($9.74M), Special Purpose Ships ($7.47M), and Iron Structures ($3.13M). Over the past 5 years the exports of Portugal to Senegal have increased at an annualized rate of 0.014%, from $58.8M in 2017 to $58.8M in 2022.

In 2022, Portugal 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, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Senegal exported $19M to Portugal. The main products exported from Senegal to Portugal were Processed Crustaceans ($7.31M), Molluscs ($3.04M), and Non-fillet Fresh Fish ($2.47M). During the last 5 years the exports of Senegal to Portugal have decreased at an annualized rate of 3.66%, from $22.8M in 2017 to $19M in 2022.

In 2017, Portugal exported $58.8M to Senegal. The main products exported from Portugal to Senegal were Flavored Water ($9.74M), Special Purpose Ships ($7.47M), and Iron Structures ($3.13M). During the last 5 years the exports of Portugal to Senegal have increased at an annualized rate of 0.014%, from $58.8M in 2022 to $58.8M in 2017.

Exports from Senegal () to Portugal () (2022)

Exports from Portugal () to Senegal () (2022)

Latest Data

Trade between Senegal () and Portugal ()

Senegal Exports

Date

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.13B

Portugal
Top DestinationSpain$20.5B

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

In 2022, countries that imported more from Senegal than Portugal included Mali ($1.13B), India ($1B), and Gambia ($177M).

In 2022, countries that imported more from Portugal than Senegal included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

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

Comparative Advantage Senegal - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Senegal had a large net trade with Portugal in the exports of Animal Products ($8.7M), Foodstuffs ($7.32M), and Transportation ($1.65M).

During 2017, Portugal had a large net trade with Senegal in the exports of Foodstuffs ($13.6M), Transportation ($11.1M), and Metals ($7.71M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Portugal+$1.76MMolluscs

Top Product Potential Portugal Senegal+$1.41MIron Structures

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Portugal () (2022)

Exports from Portugal () to Senegal () (2022)

Latest Data

Trade between Senegal () and Portugal ()

Senegal Exports

Portugal Exports

Market Competitiveness

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

Comparative Advantage Senegal - Portugal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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