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2022
Exports $18.2kWorld Rnk 123 / 141
Flag Rnk 591 / 935
2022
Destination $18.2k Netherlands
2021 - 2022
FASTEST GROWING MARKET $18.2kNetherlands
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils-0.34Rnk 660 / 1025
2022
Imports $13.5kWorld Rnk 153 / 186
Flag Rnk 1041 / 1145
2022
Origin $6.1k Nigeria
2021 - 2022
FASTEST GROWING ORIGIN $6.1kNigeria
2022
ECONOMIC COMPLEXITY of Senegal-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $18.2k in Inedible Fats and Oils, making it the 123rd largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 591st most exported product in Senegal. The main destination of Inedible Fats and Oils exports from Senegal are: Netherlands ($18.2k).

The fastest growing export markets for Inedible Fats and Oils of Senegal between 2021 and 2022 were Netherlands ($18.2k).

Imports In 2022, Senegal imported $13.5k in Inedible Fats and Oils, becoming the 153rd largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 1041st most imported product in Senegal. Senegal imports Inedible Fats and Oils primarily from: Nigeria ($6.1k), United Kingdom ($5.55k), Bahrain ($931), South Africa ($778), and France ($140).

The fastest growing import markets in Inedible Fats and Oils for Senegal between 2021 and 2022 were Nigeria ($6.1k), United Kingdom ($5.55k), and Bahrain ($931).

Latest Trends

Jul 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 Inedible Fats and Oils. 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)$18.2k
IMPORTS (2022)$13.5k
NET TRADE (2022)$4.73k

In 2022, Senegal exported $18.2k in Inedible Fats and Oils. The main destinations of Senegal exports on Inedible Fats and Oils were Netherlands ($18.2k).

In 2022, Senegal imported $13.5k in Inedible Fats and Oils, mainly from Nigeria ($6.1k), United Kingdom ($5.55k), Bahrain ($931), South Africa ($778), and France ($140).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Senegal WERE (2021 - 2022):Netherlands$18.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Senegal WERE (2021 - 2022):
France-$355 (-100%)
Canada-$11 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Inedible Fats and Oils were:
China $2.4B
Netherlands $1.68B
Malaysia $942M
In 2022, Senegal's main importing competitors in Inedible Fats and Oils were:
Netherlands $2.47B
Singapore $1.19B
Spain $1.03B

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $24.9k
TOP IMPORT POTENTIALUnited Kingdom+ $5.69k

Inedible Fats and Oils’s highest export potential is Netherlands. With an export gap of $24.9k.   Inedible Fats and Oils’s highest import potential is United Kingdom with an import gap of $5.69k.

See methodology.

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