2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP
$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH
-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
GDP PC 
$1,706CURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC
$87,925CURRENT US$
Rnk 7 / 196
2013-2023
Flag
GDP PC GROWTH
-15.1%CURRENT US$
Rnk 171 / 195

About

Senegal-Norway Trade: In 2023, Senegal exported $76.4M to Norway. The main products that Senegal exported to Norway were Titanium Ore ($70.8M), Other Iron Products ($2.23M), and Excavation Machinery ($928k). Over the past 5 years the exports of Senegal to Norway have increased at an annualized rate of 11.2%, from $45M in 2018 to $76.4M in 2023.

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

Norway-Senegal Trade: In 2023, Norway exported $77M to Senegal. The main products that Norway exported to Senegal were Insulated Wire ($45M), Gravel and Crushed Stone ($9.71M), and Petroleum Gas ($9.58M). Over the past 5 years the exports of Norway to Senegal have increased at an annualized rate of 73.7%,  from $4.86M in 2018 to $77M in 2023.

In 2023, Norway 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, Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $76.4M to Norway. The main products exported from Senegal to Norway were Titanium Ore ($70.8M), Other Iron Products ($2.23M), and Excavation Machinery ($928k). During the last 5 years the exports of Senegal to Norway have increased at an annualized rate of 11.2%, from $45M in 2018 to $76.4M in 2023.

In 2018, Norway exported $77M to Senegal. The main products exported from Norway to Senegal were Insulated Wire ($45M), Gravel and Crushed Stone ($9.71M), and Petroleum Gas ($9.58M). During the last 5 years the exports of Norway to Senegal have increased at an annualized rate of 73.7%, from $4.86M in 2023 to $77M in 2018.

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

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

Latest Data

Trade between Senegal (Flag) and Norway (Flag)

Senegal Exports

Norway Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
Norway
Top Destination
Germany$33.8B

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

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

In 2023, countries that imported more from Norway than Senegal included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

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

Comparative Advantage Senegal - Norway

Flow
Scale

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

During 2023, Senegal had a large net trade with Norway in the exports of Mineral Products ($70.8M), Metals ($2.26M), and Machines ($1.44M).

During 2018, Norway had a large net trade with Senegal in the exports of Machines ($47.5M), Mineral Products ($19.3M), and Metals ($7.02M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Norway+$287kExcavation Machinery
Top Product Potential Norway Senegal+$13.5MPetroleum Gas

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

Product Space of Senegal (Flag) and Norway (Flag) (2023)

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