2022
Exports
$61.7kWorld Rnk 86 / 182
Flag Rnk 477 / 935
2022
PRODUCT COMPLEXITY IN Electromagnets
1.02Rnk 163 / 1025
2022
Imports
$606kWorld Rnk 116 / 216
Flag Rnk 683 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $61.7k in Electromagnets, making it the 86th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 477th most exported product in Senegal. The main destination of Electromagnets exports from Senegal are: Mauritania ($53.7k), United States ($2.96k), Nigeria ($2.5k), Guinea ($1.41k), and France ($1.05k).

The fastest growing export markets for Electromagnets of Senegal between 2021 and 2022 were Mauritania ($53.7k), United States ($2.96k), and Nigeria ($2.5k).

Imports In 2022, Senegal imported $606k in Electromagnets, becoming the 116th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 683rd most imported product in Senegal. Senegal imports Electromagnets primarily from: China ($126k), India ($103k), United States ($73.4k), Germany ($66.4k), and France ($51.6k).

The fastest growing import markets in Electromagnets for Senegal between 2021 and 2022 were China ($66.5k), United States ($57.4k), and India ($38.3k).

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electromagnets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$61.7k
IMPORTS (2022)$606k
NET TRADE (2022)-$545k

In 2022, Senegal exported $61.7k in Electromagnets. The main destinations of Senegal exports on Electromagnets were Mauritania ($53.7k), United States ($2.96k), Nigeria ($2.5k), Guinea ($1.41k), and France ($1.05k).

In 2022, Senegal imported $606k in Electromagnets, mainly from China ($126k), India ($103k), United States ($73.4k), Germany ($66.4k), and France ($51.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
Mauritania$53.7k (1%)
United States$2.96k (1%)
Nigeria$2.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY Senegal WERE (2021 - 2022):
Cote d'Ivoire-$3.87k (-100%)
Mali-$2.53k (-100%)
Sweden-$816 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, Senegal's main importing competitors in Electromagnets were:

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $24.3k
TOP IMPORT POTENTIALChina+ $185k

Electromagnets’s highest export potential is United States. With an export gap of $24.3k.   Electromagnets’s highest import potential is China with an import gap of $185k.

See methodology.

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