2022
Exports
$21.4MWorld Rnk 13 / 153
Flag Rnk 35 / 935
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$195kWorld Rnk 111 / 197
Flag Rnk 842 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $21.4M in Insect Resins, making it the 13th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 35th most exported product in Senegal. The main destination of Insect Resins exports from Senegal are: India ($20.7M), France ($645k), Cote d'Ivoire ($27.7k), Niger ($20.9k), and United Kingdom ($18.3k).

The fastest growing export markets for Insect Resins of Senegal between 2021 and 2022 were India ($18.6M), Niger ($20.9k), and United Kingdom ($18.3k).

Imports In 2022, Senegal imported $195k in Insect Resins, becoming the 111th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 842nd most imported product in Senegal. Senegal imports Insect Resins primarily from: China ($164k), Cote d'Ivoire ($22k), Mauritania ($4.56k), France ($1.72k), and Thailand ($578).

The fastest growing import markets in Insect Resins for Senegal between 2021 and 2022 were China ($78.8k), Cote d'Ivoire ($22k), and Mauritania ($4.56k).

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 Insect Resins. 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)$21.4M
IMPORTS (2022)$195k
NET TRADE (2022)$21.2M

In 2022, Senegal exported $21.4M in Insect Resins. The main destinations of Senegal exports on Insect Resins were India ($20.7M), France ($645k), Cote d'Ivoire ($27.7k), Niger ($20.9k), and United Kingdom ($18.3k).

In 2022, Senegal imported $195k in Insect Resins, mainly from China ($164k), Cote d'Ivoire ($22k), Mauritania ($4.56k), France ($1.72k), and Thailand ($578).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
India$18.6M (869%)
Niger$20.9k (1%)
United Kingdom$18.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Senegal WERE (2021 - 2022):
Switzerland-$132k (-100%)
France-$33.2k (-4.89%)
Belgium-$10.6k (-79.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Insect Resins were:
In 2022, Senegal's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $614k
TOP IMPORT POTENTIALFrance+ $4.77k

Insect Resins’s highest export potential is France. With an export gap of $614k.   Insect Resins’s highest import potential is France with an import gap of $4.77k.

See methodology.

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