2022
Flag  
GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC 
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186

About

Senegal-North Korea Trade: In 2022, Senegal exported $114k to North Korea. The main products that Senegal exported to North Korea were Molluscs ($56.2k), Scrap Copper ($44.9k), and Scrap Tin ($12.8k). Over the past 5 years the exports of Senegal to North Korea have decreased at an annualized rate of 46%, from $2.49M in 2017 to $114k in 2022.

In 2022, Senegal did not export any services to North Korea.

North Korea-Senegal Trade: In 2022, North Korea exported $26.9M to Senegal. The main products that North Korea exported to Senegal were Refined Petroleum ($26.1M), Acrylic Polymers ($150k), and Metal Molds ($140k). Over the past 5 years the exports of North Korea to Senegal have increased at an annualized rate of 175%,  from $170k in 2017 to $26.9M in 2022.

In 2022, North Korea did not export any services to Senegal.

Comparison In 2022,  Senegal ranked 85 in the Economic Complexity Index (ECI -0.5),  and 120 in total exports ($6.2B). That same year, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Senegal exported $114k to North Korea. The main products exported from Senegal to North Korea were Molluscs ($56.2k), Scrap Copper ($44.9k), and Scrap Tin ($12.8k). During the last 5 years the exports of Senegal to North Korea have decreased at an annualized rate of 46%, from $2.49M in 2017 to $114k in 2022.

In 2017, North Korea exported $26.9M to Senegal. The main products exported from North Korea to Senegal were Refined Petroleum ($26.1M), Acrylic Polymers ($150k), and Metal Molds ($140k). During the last 5 years the exports of North Korea to Senegal have increased at an annualized rate of 175%, from $170k in 2022 to $26.9M in 2017.

Exports from Senegal (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Senegal (Flag) (2022)

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.13B
North Korea
Top Destination
China$131M

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

In 2022, countries that imported more from Senegal than North Korea included Mali ($1.13B), India ($1B), and Switzerland ($662M).

In 2022, countries that imported more from North Korea than Senegal included Luxembourg ($6.44M), Mozambique ($5.73M), and Suriname ($4.51M).

Difference in imports from North Korea (Flag) and Senegal (Flag) (2022)

Comparative Advantage Senegal - North Korea

Flow
Scale

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

During 2022, Senegal had a large net trade with North Korea in the exports of Metals ($57.7k) and Animal Products ($56.2k).

During 2017, North Korea had a large net trade with Senegal in the exports of Mineral Products ($26.1M), Plastics and Rubbers ($285k), and Machines ($186k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Senegal and North Korea. This means that a dot/product with the flag of Senegal indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Senegal.

Product Space of Senegal (Flag) and North Korea (Flag) (2022)

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