Senegal (SEN) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Senegal-North Macedonia Trade: In 2023, Senegal exported $13k to North Macedonia. The main products that Senegal exported to North Macedonia were Non-fillet Frozen Fish ($3.69k), Integrated Circuits ($3.51k), and Processed Crustaceans ($2.21k). Over the past 5 years the exports of Senegal to North Macedonia have decreased at an annualized rate of 18%, from $35.2k in 2018 to $13k in 2023.

In 2023, Senegal did not export any services to North Macedonia.

North Macedonia-Senegal Trade: In 2023, North Macedonia exported $198k to Senegal. The main products that North Macedonia exported to Senegal were Other Furniture ($67.9k), Plastic Wash Basins ($41.2k), and Iron Toiletry ($30.2k). Over the past 5 years the exports of North Macedonia to Senegal have increased at an annualized rate of 13.8%, from $104k in 2018 to $198k in 2023.

In 2023, North Macedonia did not export any services to Senegal.

Comparison In 2023, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B). That same year, North Macedonia ranked 104 in total exports ($10.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Senegal exported $13k to North Macedonia. The main products exported from Senegal to North Macedonia were Non-fillet Frozen Fish ($3.69k), Integrated Circuits ($3.51k), and Processed Crustaceans ($2.21k). During the last 5 years the exports of Senegal to North Macedonia have decreased at an annualized rate of 18%, from $35.2k in 2018 to $13k in 2023.

In 2018, North Macedonia exported $198k to Senegal. The main products exported from North Macedonia to Senegal were Other Furniture ($67.9k), Plastic Wash Basins ($41.2k), and Iron Toiletry ($30.2k). During the last 5 years the exports of North Macedonia to Senegal have increased at an annualized rate of 13.8%, from $104k in 2023 to $198k in 2018.

Exports from Senegal () to North Macedonia () (2023)

Exports from North Macedonia () to Senegal () (2023)

Latest Data

Trade between Senegal () and North Macedonia ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.22B

North Macedonia
Top DestinationGermany$4B

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

In 2023, countries that imported more from Senegal than North Macedonia included Mali ($1.22B), India ($681M), and Switzerland ($625M).

In 2023, countries that imported more from North Macedonia than Senegal included Germany ($4B), Serbia ($827M), and Bulgaria ($566M).

Difference in imports from North Macedonia () and Senegal () (2023)

Comparative Advantage Senegal - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Senegal had a large net trade with North Macedonia in the exports of Animal Products ($4.6k), Machines ($3.51k), and Foodstuffs ($2.21k).

During 2018, North Macedonia had a large net trade with Senegal in the exports of Miscellaneous ($69k), Plastics and Rubbers ($44.9k), and Metals ($31.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal North Macedonia+$16.5kMolluscs

Top Product Potential North Macedonia Senegal+$36kStone Processing Machines

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to North Macedonia () (2023)

Exports from North Macedonia () to Senegal () (2023)

Latest Data

Trade between Senegal () and North Macedonia ()

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Senegal () (2023)

Comparative Advantage Senegal - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and North Macedonia () (2023)

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