2022
Exports
$5.8MWorld Rnk 90 / 221
Flag Rnk 85 / 935
2022
PRODUCT COMPLEXITY IN Excavation Machinery
0.96Rnk 185 / 1025
2022
Imports
$73.4MWorld Rnk 79 / 224
Flag Rnk 34 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $5.8M in Excavation Machinery, making it the 90th largest exporter of Excavation Machinery in the world. At the same year, Excavation Machinery was the 85th most exported product in Senegal. The main destination of Excavation Machinery exports from Senegal are: Belgium ($2.17M), Mali ($847k), Guinea ($502k), Norway ($466k), and Burkina Faso ($255k).

The fastest growing export markets for Excavation Machinery of Senegal between 2021 and 2022 were Norway ($466k), Guinea ($374k), and Belgium ($258k).

Imports In 2022, Senegal imported $73.4M in Excavation Machinery, becoming the 79th largest importer of Excavation Machinery in the world. At the same year, Excavation Machinery was the 34th most imported product in Senegal. Senegal imports Excavation Machinery primarily from: Malaysia ($21.4M), France ($10.7M), China ($9.02M), Spain ($4.27M), and Belgium ($4.27M).

The fastest growing import markets in Excavation Machinery for Senegal between 2021 and 2022 were France ($1.13M), Belgium ($1.11M), and Spain ($879k).

Latest Trends

Sep 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 Excavation Machinery. 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)$5.8M
IMPORTS (2022)$73.4M
NET TRADE (2022)-$67.6M

In 2022, Senegal exported $5.8M in Excavation Machinery. The main destinations of Senegal exports on Excavation Machinery were Belgium ($2.17M), Mali ($847k), Guinea ($502k), Norway ($466k), and Burkina Faso ($255k).

In 2022, Senegal imported $73.4M in Excavation Machinery, mainly from Malaysia ($21.4M), France ($10.7M), China ($9.02M), Spain ($4.27M), and Belgium ($4.27M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Excavation Machinery EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
Norway$466k (1%)
Guinea$374k (293%)
Belgium$258k (13.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Excavation Machinery BY Senegal WERE (2021 - 2022):
Mali-$386k (-31.3%)
Gabon-$160k (-100%)
Cote d'Ivoire-$129k (-65.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Excavation Machinery were:
In 2022, Senegal's main importing competitors in Excavation Machinery were:

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Trade Value of Excavation Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBelgium+ $731k
TOP IMPORT POTENTIALChina+ $5.88M

Excavation Machinery’s highest export potential is Belgium. With an export gap of $731k.   Excavation Machinery’s highest import potential is China with an import gap of $5.88M.

See methodology.

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