Liberia (LBR) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Liberia-Senegal Trade: In 2022, Liberia exported $1.1M to Senegal. The main products that Liberia exported to Senegal were Palm Oil ($1.08M), Bran ($16k), and Cars ($2.52k). Over the past 6 years the exports of Liberia to Senegal have decreased at an annualized rate of 9.57%, from $2.01M in 2016 to $1.1M in 2022.

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

Senegal-Liberia Trade: In 2022, Senegal exported $2.68M to Liberia. The main products that Senegal exported to Liberia were Refined Petroleum ($1.3M), Soups and Broths ($433k), and Sauces and Seasonings ($189k). Over the past 6 years the exports of Senegal to Liberia have decreased at an annualized rate of 16.6%, from $6.66M in 2016 to $2.68M in 2022.

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

Comparison: In 2022, Liberia ranked 128 in the Economic Complexity Index (ECI -1.72), and 144 in total exports ($1.96B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Liberia exported $1.1M to Senegal. The main products exported from Liberia to Senegal were Palm Oil ($1.08M), Bran ($16k), and Cars ($2.52k). During the last 6 years the exports of Liberia to Senegal have decreased at an annualized rate of 9.57%, from $2.01M in 2016 to $1.1M in 2022.

In 2017, Senegal exported $2.68M to Liberia. The main products exported from Senegal to Liberia were Refined Petroleum ($1.3M), Soups and Broths ($433k), and Sauces and Seasonings ($189k). During the last 5 years the exports of Senegal to Liberia have decreased at an annualized rate of 16.6%, from $6.66M in 2022 to $2.68M in 2017.

Exports from Liberia () to Senegal () (2022)

Exports from Senegal () to Liberia () (2022)

Latest Data

Trade between Liberia () and Senegal ()

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Liberia
Top DestinationSwitzerland$544M

Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Liberia than Senegal included Germany ($156M), Poland ($124M), and Lebanon ($106M).

In 2022, countries that imported more from Senegal than Liberia included Mali ($1.13B), India ($1B), and United States ($513M).

Difference in imports from Senegal () and Liberia () (2022)

Comparative Advantage Liberia - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Liberia had a large net trade with Senegal in the exports of Animal and Vegetable Bi-Products ($1.08M), Foodstuffs ($16k), and Transportation ($2.52k).

During 2017, Senegal had a large net trade with Liberia in the exports of Mineral Products ($1.3M), Foodstuffs ($821k), and Animal Products ($138k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Liberia Senegal+$598kPalm Oil

Top Product Potential Senegal Liberia+$2.44MRefined 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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Liberia () to Senegal () (2022)

Exports from Senegal () to Liberia () (2022)

Latest Data

Trade between Liberia () and Senegal ()

Senegal Exports

Market Competitiveness

Difference in imports from Senegal () and Liberia () (2022)

Comparative Advantage Liberia - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Liberia () and Senegal () (2022)

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