Flag Netherlands / Senegal Flag

Exports FlagFlag  (2018): $796M, Rnk 57 / 219

Top Product FlagFlag (2018): $397M, Refined Petroleum

Exports FlagFlag (2018): $90.6M, Rnk 13 / 147

Top Product FlagFlag (2018): $21.9M, Crude Petroleum

Economic Complexity of Flag (2018): ECI 1.16, Rnk 20 / 137

Economic Complexity of Flag (2018): ECI -0.51, Rnk 88 / 137

GDP Flag (2018): $914B, CURRENT US$
Rnk 17 / 196

GDP GROWTH Flag (2008-2018): -3.62%, CURRENT US$
Rnk 176 / 196

GDP Flag (2018): $24.1B, CURRENT US$
Rnk 110 / 196

GDP GROWTH Flag (2008-2018): 42.4%, CURRENT US$
Rnk 95 / 196

GDP PC Flag (2018): $53,024, CURRENT US$
Rnk 14 / 196

GDP PC GROWTH Flag (2008-2018): -8.02%, CURRENT US$
Rnk 164 / 196

GDP PC Flag (2018): $1,522, CURRENT US$
Rnk 161 / 196

GDP PC GROWTH Flag (2008-2018): 7.79%, CURRENT US$
Rnk 127 / 196

Netherlands-Senegal: In 2018, Netherlands exported $796M to Senegal. The main products exported from Netherlands to Senegal were Refined Petroleum ($397M), Coal Tar Oil ($130M), and Onions ($58.8M). During the last 23 years the exports of Netherlands to Senegal have increased at an annualized rate of 12.8%, from $49.8M in 1995 to $796M in 2018.

Senegal-Netherlands: In 2018, Senegal exported $90.6M to Netherlands. The main products exported from Senegal to Netherlands were Crude Petroleum ($21.9M), Refined Petroleum ($17M), and Legumes ($14.7M). During the last 23 years the exports of Senegal to Netherlands have increased at an annualized rate of 9.54%, from $11.1M in 1995 to $90.6M in 2018.

Comparison: In 2018, Netherlands ranked 20 in the Economic Complexity Index (ECI 1.16), and 7 in total exports ($550B). That same year, Senegal ranked 88 in the Economic Complexity Index (ECI -0.51), and 120 in total exports ($3.89B). In terms of GDP Per Capita, Netherlands was ranked 14 with a GDP Per Capita of $53,024, and Senegal was ranked 161 with a GDP Per Capita of $1,522.

Bilateral Trade by Products

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Depth
Value

In 2018, Netherlands exported $796M to Senegal. The main products exported from Netherlands to Senegal were Refined Petroleum ($397M), Coal Tar Oil ($130M), and Onions ($58.8M). During the last 23 years the exports of Netherlands to Senegal have increased at an annualized rate of 12.8%, from $49.8M in 1995 to $796M in 2018.

In 2018, Senegal exported $90.6M to Netherlands. The main products exported from Senegal to Netherlands were Crude Petroleum ($21.9M), Refined Petroleum ($17M), and Legumes ($14.7M). During the last 23 years the exports of Senegal to Netherlands have increased at an annualized rate of 9.54%, from $11.1M in 1995 to $90.6M in 2018.

Market Competitiveness

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Measure

Netherlands
Top Destination
: Germany, $111B

Senegal
Top Destination
: Mali, $699M

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 2018, countries that imported more from Netherlands than Senegal were Germany ($111B), Belgium-Luxembourg ($71.3B), and United Kingdom ($50.7B).

In 2018, countries that imported more from Senegal than Netherlands were Mali ($699M), Gambia ($100M), and Guinea-Bissau ($68.3M).

Comparative Advantage Netherlands - Senegal

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Depth

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

During 2018, Netherlands had a large net trade with Senegal in the exports of Mineral Products ($528M), Vegetable Products ($75.1M), and Machines ($64.1M).

During 2018, Senegal had a large net trade with Netherlands in the exports of Mineral Products ($40.6M), Vegetable Products ($34.7M), and Animal and Vegetable Bi-Products ($9.91M).

Tariff Section

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This sections shows import tariffs for products traded between Netherlands and Senegal (using the HS6 product classification and the last year reported).

In 2017, the products from Netherlands that paid the highest import tariffs to enter Senegal were Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter (87%) and Refined sugar, in solid form, nes, pure sucrose (76.8%).

In 2018, the products from Senegal that paid the highest import tariffs to enter Netherlands were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

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*The tariffs present between Netherlands and Senegal are:
124: European Union GSP for Least Developed Countries
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Netherlands and Senegal. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Netherlands has comparative advantage over Senegal. Similarly, the more red a dot/product is, the more Senegal has comparative advantage over Netherlands.