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2022
Exports $226kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Soybean Meal-1.09Rnk 852 / 1025
2022
Imports $60.8MWorld Rnk 74 / 175
Flag Rnk 45 / 1148
2023
ECONOMIC COMPLEXITY of Senegal-0.51Rnk 87 / 132

About

Imports In 2023, Senegal imported $60.8M in Soybean Meal, becoming the 74th largest importer of Soybean Meal in the world. At the same year, Soybean Meal was the 45th most imported product in Senegal. Senegal imports Soybean Meal primarily from: Argentina ($47M), United States ($4.26M), Nigeria ($3.55M), Bolivia ($3.35M), and France ($1.66M).

The fastest growing import markets in Soybean Meal for Senegal between 2022 and 2023 were Argentina ($10.5M), United States ($3.99M), and Nigeria ($3.47M).

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 Soybean Meal. 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)$226k
IMPORTS (2023)$60.8M
NET TRADE (2023)-$60.8M

In 2023, Senegal imported $60.8M in Soybean Meal, mainly from Argentina ($47M), United States ($4.26M), Nigeria ($3.55M), Bolivia ($3.35M), and France ($1.66M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soybean Meal BY Senegal WERE (N/A - 2022):
Guinea-$206k (-100%)
Mali-$19.4k (-100%)
France-$230 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Senegal's main exporting competitors in Soybean Meal were:
Brazil $11B
Argentina $8.34B
United States $6.9B
In 2023, Senegal's main importing competitors in Soybean Meal were:
Indonesia $2.6B
Vietnam $2.2B
Thailand $1.7B

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Trade Value of Soybean Meal by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $3.67k
TOP IMPORT POTENTIALUnited States+ $581k

Soybean Meal’s highest export potential is France. With an export gap of $3.67k.   Soybean Meal’s highest import potential is United States with an import gap of $581k.

See methodology.

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