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Pricing

2022
Flag → Flag
Exports $12.3kRnk 144 / 160
2022
Flag → Flag
Top Product $11.8kExcavation Machinery
2022
Flag → Flag
Exports $8.04MRnk 54 / 149
2022
Flag → Flag
Top Product $6.96MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC $1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Senegal-Trinidad and Tobago Trade: In 2022, Senegal exported $12.3k to Trinidad and Tobago. The main products that Senegal exported to Trinidad and Tobago were Excavation Machinery ($11.8k), Other Iron Products ($451), and Mixed Mineral or Chemical Fertilizers ($37). Over the past 5 years the exports of Senegal to Trinidad and Tobago have decreased at an annualized rate of 49.7%, from $381k in 2017 to $12.3k in 2022.

In 2022, Senegal did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Senegal Trade: In 2022, Trinidad and Tobago exported $8.04M to Senegal. The main products that Trinidad and Tobago exported to Senegal were Petroleum Gas ($6.96M), Excavation Machinery ($909k), and Iron Pipe Fittings ($165k). Over the past 5 years the exports of Trinidad and Tobago to Senegal have decreased at an annualized rate of 35%,  from $69.5M in 2017 to $8.04M in 2022.

In 2022, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Senegal exported $12.3k to Trinidad and Tobago. The main products exported from Senegal to Trinidad and Tobago were Excavation Machinery ($11.8k), Other Iron Products ($451), and Mixed Mineral or Chemical Fertilizers ($37). During the last 5 years the exports of Senegal to Trinidad and Tobago have decreased at an annualized rate of 49.7%, from $381k in 2017 to $12.3k in 2022.

In 2017, Trinidad and Tobago exported $8.04M to Senegal. The main products exported from Trinidad and Tobago to Senegal were Petroleum Gas ($6.96M), Excavation Machinery ($909k), and Iron Pipe Fittings ($165k). During the last 5 years the exports of Trinidad and Tobago to Senegal have decreased at an annualized rate of 35%, from $69.5M in 2022 to $8.04M in 2017.

Exports from Senegal (Flag) to Trinidad and Tobago (Flag) (2022)

Exports from Trinidad and Tobago (Flag) to Senegal (Flag) (2022)

Latest Data

Trade between Senegal (Flag) and Trinidad and Tobago (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top DestinationMali$1.13B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Senegal than Trinidad and Tobago included Mali ($1.13B), India ($1B), and Switzerland ($662M).

In 2022, countries that imported more from Trinidad and Tobago than Senegal included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Senegal (Flag) (2022)

Comparative Advantage Senegal - Trinidad and Tobago

Flow
Scale

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

During 2022, Senegal had a large net trade with Trinidad and Tobago in the exports of Machines ($11.8k), Metals ($451), and Chemical Products ($37).

During 2017, Trinidad and Tobago had a large net trade with Senegal in the exports of Mineral Products ($6.96M), Machines ($909k), and Metals ($166k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Trinidad and Tobago+$3.83kRefined Petroleum
Top Product Potential Trinidad and Tobago Senegal+$2.61MPetroleum Gas

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

Product Space of Senegal (Flag) and Trinidad and Tobago (Flag) (2022)

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