2022
Flag  
GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
Flag
GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
Flag
 GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC 
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186
2022
Flag
GDP PC
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186

About

India-Senegal Trade: In 2022, India exported $1.25B to Senegal. The main products that India exported to Senegal were Rice ($401M), Special Purpose Ships ($192M), and Light Pure Woven Cotton ($117M). Over the past 5 years the exports of India to Senegal have increased at an annualized rate of 10.8%, from $748M in 2017 to $1.25B in 2022.

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

Senegal-India Trade: In 2022, Senegal exported $1B to India. The main products that Senegal exported to India were Phosphoric Acid ($846M), Coconuts, Brazil Nuts, and Cashews ($61.6M), and Insect Resins ($20.7M). Over the past 5 years the exports of Senegal to India have increased at an annualized rate of 30.9%,  from $260M in 2017 to $1B in 2022.

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

Comparison: In 2022,  India ranked 40 in the Economic Complexity Index (ECI 0.64), and 15 in total exports ($468B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, India exported $1.25B to Senegal. The main products exported from India to Senegal were Rice ($401M), Special Purpose Ships ($192M), and Light Pure Woven Cotton ($117M). During the last 5 years the exports of India to Senegal have increased at an annualized rate of 10.8%, from $748M in 2017 to $1.25B in 2022.

In 2017, Senegal exported $1B to India. The main products exported from Senegal to India were Phosphoric Acid ($846M), Coconuts, Brazil Nuts, and Cashews ($61.6M), and Insect Resins ($20.7M). During the last 5 years the exports of Senegal to India have increased at an annualized rate of 30.9%, from $260M in 2022 to $1B in 2017.

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

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

Market Competitiveness

Color
India
Top Destination
United States$82.9B
Senegal
Top Destination
Mali$1.13B

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

In 2022, countries that imported more from India than Senegal included United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

In 2022, countries that imported more from Senegal than India included Mali ($1.13B), Guinea-Bissau ($88.4M), and Gambia ($177M).

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

Comparative Advantage India - Senegal

Flow
Scale

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

During 2022, India had a large net trade with Senegal in the exports of Vegetable Products ($407M), Transportation ($227M), and Textiles ($205M).

During 2017, Senegal had a large net trade with India in the exports of Chemical Products ($847M), Vegetable Products ($82.4M), and Metals ($33.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Senegal+$25.3MRefined Petroleum
Top Product Potential Senegal India+$11.9MCalcium Phosphates

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 India and Senegal. This means that a dot/product with the flag of India indicates it has a comparative advantage over Senegal. Similarly, a dot/product with the flag of Senegal indicates it has a comparative advantage over India.

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

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