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2023
Flag → Flag
Exports $439MRnk 75 / 224
2023
Flag → Flag
Top Product $171MRefined Petroleum
2023
Flag → Flag
Exports $67.9MRnk 19 / 156
2023
Flag → Flag
Top Product $14.8MLegumes
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.51Rnk 87 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 92 / 195

About

Netherlands-Senegal Trade: In 2023, Netherlands exported $439M to Senegal. The main products that Netherlands exported to Senegal were Refined Petroleum ($171M), Coal Tar Oil ($52M), and Onions ($49M). Over the past 5 years the exports of Netherlands to Senegal have decreased at an annualized rate of 8.37%, from $679M in 2018 to $439M in 2023.

In 2023, Netherlands did not export any services to Senegal.

Senegal-Netherlands Trade: In 2023, Senegal exported $67.9M to Netherlands. The main products that Senegal exported to Netherlands were Legumes ($14.8M), Crude Petroleum ($12.4M), and Refined Petroleum ($6.13M). Over the past 5 years the exports of Senegal to Netherlands have decreased at an annualized rate of 3.47%,  from $81M in 2018 to $67.9M in 2023.

In 2023, Senegal did not export any services to Netherlands.

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €25M and imported €6M from Senegal, resulting in a positive trade balance of €19M. Between October 2023 and October 2024 the exports of Netherlands have decreased by €-28M (-52.8%) from €53M to €25M, while imports increased by €3M (100%) from €3M to €6M.

Trade In October 2024, the top exports of Netherlands to Senegal were Residual petroleum products, n.e.s., and related... (€21M), Vegetables, fresh, chilled, frozen or simply... (€15M), Petroleum oils and oils obtained from... (€6M), Edible products and preparations, n.e.s. (€4M), and Feeding stuff for animals (not including... (€3M). In October 2024 the top imports of Netherlands from Senegal were Vegetables, fresh, chilled, frozen or simply... (€4M), Other crude minerals (€1M), Ores and concentrates of base metals,... (€1M), and Undefined (€1M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€-28M(-52.8%)
IMPORT GROWTH (October 2023 - October 2024)€3M(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 2023, Netherlands exported $439M to Senegal. The main products exported from Netherlands to Senegal were Refined Petroleum ($171M), Coal Tar Oil ($52M), and Onions ($49M). During the last 5 years the exports of Netherlands to Senegal have decreased at an annualized rate of 8.37%, from $679M in 2018 to $439M in 2023.

In 2018, Senegal exported $67.9M to Netherlands. The main products exported from Senegal to Netherlands were Legumes ($14.8M), Crude Petroleum ($12.4M), and Refined Petroleum ($6.13M). During the last 5 years the exports of Senegal to Netherlands have decreased at an annualized rate of 3.47%, from $81M in 2023 to $67.9M in 2018.

Exports from Netherlands (Flag) to Senegal (Flag) (2023)

Exports from Senegal (Flag) to Netherlands (Flag) (2023)

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Senegal
Top DestinationMali$1.22B

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 2023, countries that imported more from Netherlands than Senegal included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Senegal than Netherlands included Mali ($1.22B), Gambia ($210M), and Guinea-Bissau ($157M).

Difference in imports from Senegal (Flag) and Netherlands (Flag) (2023)

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 2023, Netherlands had a large net trade with Senegal in the exports of Mineral Products ($231M), Vegetable Products ($68.5M), and Foodstuffs ($34.3M).

During 2018, Senegal had a large net trade with Netherlands in the exports of Mineral Products ($31.1M), Vegetable Products ($26.1M), and Metals ($2.62M).

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) (2023)

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