Senegal (SEN) and Netherlands (NLD) Trade | The Observatory of Economic Complexity

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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.

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.

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

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, 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 2018 to $67.9M in 2023.

In 2018, 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 2023 to $439M in 2018.

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

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

Latest Data

Trade between Senegal () and Netherlands ()

Senegal Exports

Date

Netherlands Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.22B

Netherlands
Top DestinationGermany$96.9B

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

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

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

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

Comparative Advantage Senegal - Netherlands

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Senegal had a large net trade with Netherlands in the exports of Mineral Products ($31.1M), Vegetable Products ($26.1M), and Metals ($2.62M).

During 2018, Netherlands had a large net trade with Senegal in the exports of Mineral Products ($231M), Vegetable Products ($68.5M), and Foodstuffs ($34.3M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Netherlands+$1.91MTitanium Ore

Top Product Potential Netherlands Senegal+$6.62MTelephones

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Senegal () and Netherlands ()

Senegal Exports

Netherlands Exports

Market Competitiveness

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

Comparative Advantage Senegal - Netherlands

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Netherlands () (2023)

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