2022
Exports
$26.4kWorld Rnk 78 / 114
Flag Rnk 561 / 935
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.39Rnk 930 / 1025
2022
Imports
$3.61MWorld Rnk 34 / 172
Flag Rnk 388 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.5Rnk 85 / 133

About

Exports In 2022, Senegal exported $26.4k in Iron Ingots, making it the 78th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 561st most exported product in Senegal. The main destination of Iron Ingots exports from Senegal are: Central African Republic ($24k) and Mali ($2.4k).

The fastest growing export markets for Iron Ingots of Senegal between 2021 and 2022 were Central African Republic ($24k) and Mali ($2.4k).

Imports In 2022, Senegal imported $3.61M in Iron Ingots, becoming the 34th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 388th most imported product in Senegal. Senegal imports Iron Ingots primarily from: N/A.

The fastest growing import markets in Iron Ingots for Senegal between 2021 and 2022 were India ($37.5k), Burkina Faso ($575), and Cote d'Ivoire ($522).

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 Iron Ingots. 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)$26.4k
IMPORTS (2022)$3.61M
NET TRADE (2022)-$3.58M

In 2022, Senegal exported $26.4k in Iron Ingots. The main destinations of Senegal exports on Iron Ingots were Central African Republic ($24k) and Mali ($2.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
Mali$2.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Senegal WERE (2021 - 2022):France-$1.03k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Senegal's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Senegal's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $615
TOP IMPORT POTENTIALIndia+ $16.9k

Iron Ingots’s highest export potential is Italy. With an export gap of $615.   Iron Ingots’s highest import potential is India with an import gap of $16.9k.

See methodology.

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