2022
Exports
$18MWorld Rnk 74 / 162
Flag Rnk 43 / 935
2022
PRODUCT COMPLEXITY IN Raw Iron Bars
-1.3Rnk 911 / 1025
2022
Imports
$156MWorld Rnk 43 / 217
Flag Rnk 13 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $18M in Raw Iron Bars, making it the 74th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 43rd most exported product in Senegal. The main destination of Raw Iron Bars exports from Senegal are: Gambia ($7.87M), Mali ($3.46M), Guinea ($2.76M), Guinea-Bissau ($2.36M), and Mauritania ($1.44M).

The fastest growing export markets for Raw Iron Bars of Senegal between 2021 and 2022 were Guinea ($2.05M), Cape Verde ($77k), and Burkina Faso ($3.81k).

Imports In 2022, Senegal imported $156M in Raw Iron Bars, becoming the 43rd largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 13th most imported product in Senegal. Senegal imports Raw Iron Bars primarily from: Turkey ($127M), Ukraine ($14.2M), China ($10M), United Arab Emirates ($3.77M), and Belgium ($558k).

The fastest growing import markets in Raw Iron Bars for Senegal between 2021 and 2022 were China ($5.72M), United Arab Emirates ($3.76M), and Turkey ($638k).

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 Raw Iron Bars. 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)$18M
IMPORTS (2022)$156M
NET TRADE (2022)-$138M

In 2022, Senegal exported $18M in Raw Iron Bars. The main destinations of Senegal exports on Raw Iron Bars were Gambia ($7.87M), Mali ($3.46M), Guinea ($2.76M), Guinea-Bissau ($2.36M), and Mauritania ($1.44M).

In 2022, Senegal imported $156M in Raw Iron Bars, mainly from Turkey ($127M), Ukraine ($14.2M), China ($10M), United Arab Emirates ($3.77M), and Belgium ($558k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
Guinea$2.05M (286%)
Cape Verde$77k (1%)
Burkina Faso$3.81k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Senegal WERE (2021 - 2022):
Gambia-$5.13M (-39.4%)
Mauritania-$2.65M (-64.8%)
Guinea-Bissau-$979k (-29.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Raw Iron Bars were:
Turkey $4.24B
Italy $1.71B
In 2022, Senegal's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGuinea+ $54.6k
TOP IMPORT POTENTIALChina+ $2.13M

Raw Iron Bars’s highest export potential is Guinea. With an export gap of $54.6k.   Raw Iron Bars’s highest import potential is China with an import gap of $2.13M.

See methodology.

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