2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC 
$1,706CURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

Senegal-North Korea Trade: In 2023, Senegal exported $50.6k to North Korea. The main products that Senegal exported to North Korea were Scrap Copper ($39.6k), Scrap Aluminium ($10.5k), and Engine Parts ($541). Over the past 5 years the exports of Senegal to North Korea have decreased at an annualized rate of 49.4%, from $1.53M in 2018 to $50.6k in 2023.

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

North Korea-Senegal Trade: In 2023, North Korea exported $10.3M to Senegal. The main products that North Korea exported to Senegal were Refined Petroleum ($9.21M), Insulated Wire ($297k), and Cars ($291k). Over the past 5 years the exports of North Korea to Senegal have increased at an annualized rate of 85.4%,  from $469k in 2018 to $10.3M in 2023.

In 2023, North Korea 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 Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $50.6k to North Korea. The main products exported from Senegal to North Korea were Scrap Copper ($39.6k), Scrap Aluminium ($10.5k), and Engine Parts ($541). During the last 5 years the exports of Senegal to North Korea have decreased at an annualized rate of 49.4%, from $1.53M in 2018 to $50.6k in 2023.

In 2018, North Korea exported $10.3M to Senegal. The main products exported from North Korea to Senegal were Refined Petroleum ($9.21M), Insulated Wire ($297k), and Cars ($291k). During the last 5 years the exports of North Korea to Senegal have increased at an annualized rate of 85.4%, from $469k in 2023 to $10.3M in 2018.

Exports from Senegal (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Senegal (Flag) (2023)

Latest Data

Trade between Senegal (Flag) and North Korea (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
North Korea
Top Destination
China$292M

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

In 2023, countries that imported more from North Korea than Senegal included Austria ($10.1M), Angola ($10.2M), and Luxembourg ($6.8M).

Difference in imports from North Korea (Flag) and Senegal (Flag) (2023)

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 2023, Senegal had a large net trade with North Korea in the exports of Metals ($50.1k) and Machines ($541).

During 2018, North Korea had a large net trade with Senegal in the exports of Mineral Products ($9.21M), Machines ($309k), and Transportation ($306k).

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) (2023)

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