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Pricing

2022
Flag → Flag
Exports $2.97MRnk 12 / 95
2022
Flag → Flag
Top Product $2.92MNon-fillet Frozen Fish
2022
Flag → Flag
Exports $205kRnk 39 / 0
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC $462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Somalia-Senegal Trade: In 2022, Somalia exported $2.97M to Senegal. The main products that Somalia exported to Senegal were Non-fillet Frozen Fish ($2.92M) and Wood Carpentry ($55k). Over the past 5 years the exports of Somalia to Senegal have increased at an annualized rate of 233%, from $7.3k in 2017 to $2.97M in 2022.

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

Senegal-Somalia In N/A, Senegal did not export any products to Somalia.

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

Comparison In 2022,  Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index. That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Somalia exported $2.97M to Senegal. The main products exported from Somalia to Senegal were Non-fillet Frozen Fish ($2.92M) and Wood Carpentry ($55k). During the last 5 years the exports of Somalia to Senegal have increased at an annualized rate of 233%, from $7.3k in 2017 to $2.97M in 2022.

Senegal does not register exports to Somalia.

Exports from Somalia (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Somalia (Flag) (2022)

Latest Data

Trade between Somalia (Flag) and Senegal (Flag)

Senegal Exports

Market Competitiveness

Color
Somalia
Top DestinationUnited Arab Emirates$283M
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Somalia than Senegal included United Arab Emirates ($283M), Oman ($173M), and Bulgaria ($18.5M).

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

Difference in imports from Senegal (Flag) and Somalia (Flag) (2022)

Comparative Advantage Somalia - Senegal

Flow
Scale

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

During 2022, Somalia had a large net trade with Senegal in the exports of Animal Products ($2.92M) and Wood Products ($55k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Somalia Senegal+$1.65kGold
Top Product Potential Senegal Somalia+$2.41kRefined 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 Somalia and Senegal. This means that a dot/product with the flag of Somalia indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over Somalia.

Product Space of Somalia (Flag) and Senegal (Flag) (2022)

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