2022
Flag  
GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC 
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Senegal-Guinea Trade: In 2022, Senegal exported $182M to Guinea. The main products that Senegal exported to Guinea were Non-fillet Frozen Fish ($27.7M), Malt Extract ($21.8M), and Soups and Broths ($13.5M). Over the past 5 years the exports of Senegal to Guinea have increased at an annualized rate of 11.6%, from $105M in 2017 to $182M in 2022.

In 2022, Senegal did not export any services to Guinea.

Guinea-Senegal Trade: In 2022, Guinea exported $11.6M to Senegal. The main products that Guinea exported to Senegal were Non-fillet Frozen Fish ($3.72M), Refined Petroleum ($3.52M), and Bran ($1.4M). Over the past 5 years the exports of Guinea to Senegal have increased at an annualized rate of 5.58%,  from $4.86M in 2017 to $11.6M in 2022.

In 2022, Guinea did not export any services to Senegal.

Comparison: In 2022,  Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). That same year, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Senegal exported $182M to Guinea. The main products exported from Senegal to Guinea were Non-fillet Frozen Fish ($27.7M), Malt Extract ($21.8M), and Soups and Broths ($13.5M). During the last 5 years the exports of Senegal to Guinea have increased at an annualized rate of 11.6%, from $105M in 2017 to $182M in 2022.

In 2017, Guinea exported $11.6M to Senegal. The main products exported from Guinea to Senegal were Non-fillet Frozen Fish ($3.72M), Refined Petroleum ($3.52M), and Bran ($1.4M). During the last 5 years the exports of Guinea to Senegal have increased at an annualized rate of 5.58%, from $4.86M in 2022 to $11.6M in 2017.

Exports from Senegal (Flag) to Guinea (Flag) (2022)

Exports from Guinea (Flag) to Senegal (Flag) (2022)

Latest Data

Trade between Senegal (Flag) and Guinea (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.13B
Guinea
Top Destination
China$3.81B

This map shows whether countries import more from Senegal or Guinea. Each country is colored based on the difference in imports they receive from Senegal and Guinea or the difference in the growth in imports.

In 2022, countries that imported more from Senegal than Guinea included Mali ($1.13B), United States ($513M), and Switzerland ($662M).

In 2022, countries that imported more from Guinea than Senegal included China ($3.81B), United Arab Emirates ($2.59B), and India ($2.77B).

Difference in imports from Guinea (Flag) and Senegal (Flag) (2022)

Comparative Advantage Senegal - Guinea

Flow
Scale

This chart compares trade between Senegal and Guinea by product, considering products traded by both, Senegal and Guinea.

During 2022, Senegal had a large net trade with Guinea in the exports of Foodstuffs ($56.9M), Metals ($35.9M), and Animal Products ($29.9M).

During 2017, Guinea had a large net trade with Senegal in the exports of Animal Products ($3.73M), Mineral Products ($3.52M), and Foodstuffs ($2.43M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Guinea+$7.44MRefined Petroleum
Top Product Potential Guinea Senegal+$1.39MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Senegal and Guinea. This means that a dot/product with the flag of Senegal indicates it has a comparative advantage over Guinea. Similarly, a dot/product with the flag of Guinea indicates it has a comparative advantage over Senegal.

Product Space of Senegal (Flag) and Guinea (Flag) (2022)

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