2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP
$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH
-11.8%CURRENT US$
Rnk 183 / 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
$13,817CURRENT US$
Rnk 74 / 196
2013-2023
Flag
GDP PC GROWTH
-13.3%CURRENT US$
Rnk 170 / 195

About

Senegal-Russia Trade: In 2023, Senegal exported $27.2k to Russia. The main products that Senegal exported to Russia were Other Vegetables ($15.2k), Basketwork ($5.74k), and Aircraft parts (gliders, balloons, and powered aircraft) ($2.16k). Over the past 5 years the exports of Senegal to Russia have decreased at an annualized rate of 65.9%, from $5.93M in 2018 to $27.2k in 2023.

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

Russia-Senegal Trade: In 2023, Russia exported $828M to Senegal. The main products that Russia exported to Senegal were Refined Petroleum ($605M), Wheat ($113M), and Coal Briquettes ($77.5M). Over the past 5 years the exports of Russia to Senegal have increased at an annualized rate of 9.46%,  from $527M in 2018 to $828M in 2023.

In 2020, Russia exported services to Senegal worth $287k, with Other business services ($180k), Transportation ($56k), and Financial services ($44k) being the largest in terms of value.

Comparison: In 2023,  Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B). That same year, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $27.2k to Russia. The main products exported from Senegal to Russia were Other Vegetables ($15.2k), Basketwork ($5.74k), and Aircraft parts (gliders, balloons, and powered aircraft) ($2.16k). During the last 5 years the exports of Senegal to Russia have decreased at an annualized rate of 65.9%, from $5.93M in 2018 to $27.2k in 2023.

In 2018, Russia exported $828M to Senegal. The main products exported from Russia to Senegal were Refined Petroleum ($605M), Wheat ($113M), and Coal Briquettes ($77.5M). During the last 5 years the exports of Russia to Senegal have increased at an annualized rate of 9.46%, from $527M in 2023 to $828M in 2018.

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

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

Latest Data

Trade between Senegal (Flag) and Russia (Flag)

Senegal Exports

Russia Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
Russia
Top Destination
China$129B

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

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

In 2023, countries that imported more from Russia than Senegal included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Senegal - Russia

Flow
Scale

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

During 2023, Senegal had a large net trade with Russia in the exports of Vegetable Products ($15.2k), Wood Products ($5.74k), and Transportation ($2.16k).

During 2018, Russia had a large net trade with Senegal in the exports of Mineral Products ($688M), Vegetable Products ($113M), and Metals ($16.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Russia+$6.27kPaintings
Top Product Potential Russia Senegal+$7.66MCoal Briquettes

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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Bilateral Service Trade

In 2020, Russia exported services to Senegal worth $287k, with Other business services ($180k), Transportation ($56k), and Financial services ($44k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Senegal (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Senegal and Russia. This means that a dot/product with the flag of Senegal indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Senegal.

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

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