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2022
Flag → Flag
Exports $455MRnk 64 / 224
2022
Flag → Flag
Top Product $433MRefined Petroleum
2022
Flag → Flag
Exports $83.2MRnk 20 / 160
2022
Flag → Flag
Top Product $22.9MLegumes
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Netherlands-Senegal Trade: In 2022, Netherlands exported $455M to Senegal. The main products that Netherlands exported to Senegal were Refined Petroleum ($433M), Onions ($90.1M), and Potatoes ($27.1M). Over the past 5 years the exports of Netherlands to Senegal have increased at an annualized rate of 55.6%, from $49.8M in 2017 to $455M in 2022.

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

Senegal-Netherlands Trade: In 2022, Senegal exported $83.2M to Netherlands. The main products that Senegal exported to Netherlands were Legumes ($22.9M), Niobium, Tantalum, Vanadium and Zirconium Ore ($10.5M), and Ground Nut Oil ($7.01M). Over the past 5 years the exports of Senegal to Netherlands have increased at an annualized rate of 50%,  from $10.9M in 2017 to $83.2M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €22M and imported €2M from Senegal, resulting in a positive trade balance of €20M. Between October 2021 and October 2022 the exports of Netherlands have decreased by €-5M (-18.5%) from €27M to €22M, while imports increased by €1M (100%) from €1M to €2M.

Trade In October 2022, the top exports of Netherlands to Senegal were Petroleum oils and oils obtained from... (€11M), Vegetables, fresh, chilled, frozen or simply... (€3M), Fixed vegetable fats and oils, "soft",... (€3M), Edible products and preparations, n.e.s. (€2M), and Paper and paperboard, cut to size... (€1M). In October 2022 the top imports of Netherlands from Senegal were Vegetables, fresh, chilled, frozen or simply... (€7M).

Growth In October 2022, the decrease in Netherlands's year-by-year exports to Senegal was explained primarily by an decrease in product exports in Petroleum oils and oils obtained from... (€-25M or -69.4%), Vegetables, fresh, chilled, frozen or simply... (€-4M or -57.1%), and Edible products and preparations, n.e.s. (€-1M or -33.3%). In October 2022, the increase in Netherlands's year-by-year imports  from Senegal was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (October 2021 - October 2022)€-5M(-18.5%)
IMPORT GROWTH (October 2021 - October 2022)€1M(100%)

This section shows exports and imports data at subnational level for Netherlands. Click any date in the line plot or any product to explore the exports or imports behavior of Netherlands over time.

To check Senegal and Netherlands trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Senegal and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $455M to Senegal. The main products exported from Netherlands to Senegal were Refined Petroleum ($433M), Onions ($90.1M), and Potatoes ($27.1M). During the last 5 years the exports of Netherlands to Senegal have increased at an annualized rate of 55.6%, from $49.8M in 2017 to $455M in 2022.

In 2017, Senegal exported $83.2M to Netherlands. The main products exported from Senegal to Netherlands were Legumes ($22.9M), Niobium, Tantalum, Vanadium and Zirconium Ore ($10.5M), and Ground Nut Oil ($7.01M). During the last 22 years the exports of Senegal to Netherlands have increased at an annualized rate of 50%, from $10.9M in 1995 to $83.2M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Netherlands than Senegal included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

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

Comparative Advantage Netherlands - Senegal

Flow
Scale

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

During 2022, Netherlands had a large net trade with Senegal in the exports of Mineral Products ($435M), Vegetable Products ($125M), and Machines ($46.6M).

During 2017, Senegal had a large net trade with Netherlands in the exports of Vegetable Products ($35.9M), Mineral Products ($16.1M), and Animal and Vegetable Bi-Products ($7.06M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Senegal+$6.62MTelephones
Top Product Potential Senegal Netherlands+$1.91MTitanium Ore

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

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

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