2022
Exports | Imports
$961M | $1.6MWorld Rnk 55 / 176
Flag Rnk 1 / 935
World Rnk 112 / 178
Flag Rnk 523 / 1145
2022
ECONOMIC COMPLEXITY of Senegal
-0.48Rnk 83 / 124
2022
PRODUCT COMPLEXITY IN Gold
-2.48Rnk 1016 / 1025

About

Exports In 2022, Senegal exported $961M in Gold, making it the 55th largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Senegal. The main destination of Gold exports from Senegal are: Switzerland ($638M), Australia ($227M), United Arab Emirates ($94.2M), Italy ($1.38M), and Guinea ($50.4k).

The fastest growing export markets for Gold of Senegal between 2021 and 2022 were Australia ($10.9M), United Arab Emirates ($9.88M), and Guinea ($50.4k).

Imports In 2022, Senegal imported $1.6M in Gold, becoming the 112th largest importer of Gold in the world. At the same year, Gold was the 523rd most imported product in Senegal. Senegal imports Gold primarily from: United Arab Emirates ($1.45M), Tanzania ($144k), and Italy ($2.84k).

The fastest growing import markets in Gold for Senegal between 2021 and 2022 were United Arab Emirates ($999k), Tanzania ($144k), and Italy ($2.84k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Gold from Senegal to the United States.

Latest Trends

Feb 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 Gold. 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)$961M
IMPORTS (2022)$1.6M
NET TRADE (2022)$959M

In 2022, Senegal exported $961M in Gold. The main destinations of Senegal exports on Gold were Switzerland ($638M), Australia ($227M), United Arab Emirates ($94.2M), Italy ($1.38M), and Guinea ($50.4k).

In 2022, Senegal imported $1.6M in Gold, mainly from United Arab Emirates ($1.45M), Tanzania ($144k), and Italy ($2.84k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Senegal WERE (2021 - 2022):
Australia$10.9M (5.05%)
United Arab Emirates$9.88M (11.7%)
Guinea$50.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Senegal WERE (2021 - 2022):
Switzerland-$70.7M (-9.98%)
Turkey-$333k (-100%)
Italy-$205k (-12.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Gold by Exporters

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