2023
Exports
$1.23MWorld Rnk 54 / 140
Flag Rnk 171 / 961
2023
PRODUCT COMPLEXITY IN Insect Resins
-2.36Rnk 1014 / 1025
2023
Imports
$233kWorld Rnk 113 / 191
Flag Rnk 809 / 1148
2023
ECONOMIC COMPLEXITY of Senegal
-0.51Rnk 87 / 132

About

Exports In 2023, Senegal exported $1.23M in Insect Resins, making it the 54th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 171st most exported product in Senegal. The main destination of Insect Resins exports from Senegal are: France ($621k), India ($308k), Mali ($169k), Germany ($70.8k), and United States ($21.4k).

The fastest growing export markets for Insect Resins of Senegal between 2022 and 2023 were Mali ($168k), Germany ($70.8k), and United States ($21.4k).

Imports In 2023, Senegal imported $233k in Insect Resins, becoming the 113th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 809th most imported product in Senegal. Senegal imports Insect Resins primarily from: China ($213k), Vietnam ($6.88k), United Arab Emirates ($4.74k), France ($3.59k), and Belgium ($2.11k).

The fastest growing import markets in Insect Resins for Senegal between 2022 and 2023 were China ($39.7k), Vietnam ($6.88k), and United Arab Emirates ($4.66k).

Latest Trends

Jan 2025

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 Insect Resins. 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 (2023)$1.23M
IMPORTS (2023)$233k
NET TRADE (2023)$997k

In 2023, Senegal exported $1.23M in Insect Resins. The main destinations of Senegal exports on Insect Resins were France ($621k), India ($308k), Mali ($169k), Germany ($70.8k), and United States ($21.4k).

In 2023, Senegal imported $233k in Insect Resins, mainly from China ($213k), Vietnam ($6.88k), United Arab Emirates ($4.74k), France ($3.59k), and Belgium ($2.11k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Senegal WERE (2022 - 2023):
Mali$168k (30.8k%)
Germany$70.8k (1%)
United States$21.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Senegal WERE (2022 - 2023):
India-$20.4M (-98.5%)
France-$127k (-17%)
United Kingdom-$36.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Senegal's main exporting competitors in Insect Resins were:
In 2023, Senegal's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $614k
TOP IMPORT POTENTIALFrance+ $4.77k

Insect Resins’s highest export potential is France. With an export gap of $614k.   Insect Resins’s highest import potential is France with an import gap of $4.77k.

See methodology.

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