2022
Flag  
GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP
$45.8BCURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP GROWTH
-50.6%CURRENT US$
Rnk 186 / 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
$6,716CURRENT US$
Rnk 97 / 186
2012-2022
Flag
GDP PC GROWTH
-57.4%CURRENT US$
Rnk 185 / 186

About

Senegal-Libya Trade: In 2020, Senegal exported $4.64k to Libya. The main products that Senegal exported to Libya were N/A. Over the past 5 years the exports of Senegal to Libya have decreased at an annualized rate of 56.5%, from $298k in 2015 to $4.64k in 2020.

In 2020, Senegal did not export any services to Libya.

Libya-Senegal Trade: In 2020, Libya exported $2.27M to Senegal. The main products that Libya exported to Senegal were Refined Petroleum ($2.2M), Machinery Having Individual Functions ($43.8k), and Excavation Machinery ($14.5k). Over the past 5 years the exports of Libya to Senegal have decreased at an annualized rate of 15.3%,  from $5.22M in 2015 to $2.27M in 2020.

In 2020, Libya 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, Libya ranked 104 in the Economic Complexity Index (ECI -0.84), and 67 in total exports ($36B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Senegal exported $4.64k to Libya. There were not main exports from Senegal to Libya in 2020. During the last 5 years the exports of Senegal to Libya have decreased at an annualized rate of 56.5%, from $298k in 2015 to $4.64k in 2020.

In 2017, Libya exported $2.27M to Senegal. The main products exported from Libya to Senegal were Refined Petroleum ($2.2M), Machinery Having Individual Functions ($43.8k), and Excavation Machinery ($14.5k). During the last 5 years the exports of Libya to Senegal have decreased at an annualized rate of 15.3%, from $5.22M in 2022 to $2.27M in 2017.

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

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

Latest Data

Trade between Senegal (Flag) and Libya (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.13B
Libya
Top Destination
Italy$9.26B

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

In 2022, countries that imported more from Senegal than Libya included Mali ($1.13B), Switzerland ($662M), and India ($1B).

In 2022, countries that imported more from Libya than Senegal included Italy ($9.26B), Germany ($3.32B), and Spain ($3.48B).

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

Comparative Advantage Senegal - Libya

Flow
Scale

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

During 2020, Senegal had a large net trade with Libya in the exports of .

During 2017, Libya had a large net trade with Senegal in the exports of Mineral Products ($2.2M), Machines ($58.3k), and Plastics and Rubbers ($6.69k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Libya+$5.37kRefined Petroleum
Top Product Potential Libya Senegal+$2.11MRefined 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 Libya. This means that a dot/product with the flag of Senegal indicates it has a comparative advantage over Libya. Similarly, a dot/product with the flag of Libya indicates it has a comparative advantage over Senegal.

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

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