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2022
Exports $824MWorld Rnk 69 / 214
Flag Rnk 3 / 935
2022
Destination $206M Mali
2021 - 2022
FASTEST GROWING MARKET $206MMali
2022
PRODUCT COMPLEXITY IN Refined Petroleum-0.87Rnk 795 / 1025
2022
Imports $2.65BWorld Rnk 77 / 225
Flag Rnk 1 / 1145
2022
Origin $253M Belgium
2021 - 2022
FASTEST GROWING ORIGIN $253MBelgium
2022
ECONOMIC COMPLEXITY of Senegal-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $824M in Refined Petroleum, making it the 69th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 3rd most exported product in Senegal. The main destination of Refined Petroleum exports from Senegal are: Mali ($711M), Burkina Faso ($18M), Togo ($15.2M), Cameroon ($12.8M), and Cape Verde ($9.02M).

The fastest growing export markets for Refined Petroleum of Senegal between 2021 and 2022 were Mali ($206M), Cape Verde ($9.02M), and Togo ($6.12M).

Imports In 2022, Senegal imported $2.65B in Refined Petroleum, becoming the 77th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Senegal. Senegal imports Refined Petroleum primarily from: Belgium ($669M), Russia ($451M), Netherlands ($433M), Spain ($312M), and United Arab Emirates ($275M).

The fastest growing import markets in Refined Petroleum for Senegal between 2021 and 2022 were Belgium ($253M), Spain ($210M), and United Arab Emirates ($157M).

Latest Trends

Oct 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 Refined Petroleum. 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)$824M
IMPORTS (2022)$2.65B
NET TRADE (2022)-$1.83B

In 2022, Senegal exported $824M in Refined Petroleum. The main destinations of Senegal exports on Refined Petroleum were Mali ($711M), Burkina Faso ($18M), Togo ($15.2M), Cameroon ($12.8M), and Cape Verde ($9.02M).

In 2022, Senegal imported $2.65B in Refined Petroleum, mainly from Belgium ($669M), Russia ($451M), Netherlands ($433M), Spain ($312M), and United Arab Emirates ($275M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
Mali$206M (40.9%)
Cape Verde$9.02M (799k%)
Togo$6.12M (67.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Senegal WERE (2021 - 2022):
Netherlands-$12.8M (-99.2%)
Guinea-Bissau-$6.35M (-52.3%)
Mauritania-$5.61M (-70.4%)
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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 Refined Petroleum were:
United States $138B
India $86.2B
Netherlands $68.1B
In 2022, Senegal's main importing competitors in Refined Petroleum were:
United States $81.7B
Singapore $58.5B
Netherlands $51.1B

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $22.2M
TOP IMPORT POTENTIALUnited States+ $53.4M

Refined Petroleum’s highest export potential is United States. With an export gap of $22.2M.   Refined Petroleum’s highest import potential is United States with an import gap of $53.4M.

See methodology.

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