2022
Flag  
GDP
$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH
20.9%CURRENT US$
Rnk 120 / 186
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 
$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH
14.5%CURRENT US$
Rnk 99 / 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

Denmark-Senegal Trade: In 2022, Denmark exported $26.2M to Senegal. The main products that Denmark exported to Senegal were Vaccines, blood, antisera, toxins and cultures ($2.5M), Industrial Fatty Acids, Oils and Alcohols ($1.81M), and Concentrated Milk ($1.81M). Over the past 5 years the exports of Denmark to Senegal have increased at an annualized rate of 9.96%, from $16.3M in 2017 to $26.2M in 2022.

In 2022, Denmark did not export any services to Senegal.

Senegal-Denmark Trade: In 2022, Senegal exported $1.14M to Denmark. The main products that Senegal exported to Denmark were Fish oil ($366k), Other Fruits ($260k), and Root Vegetables ($135k). Over the past 5 years the exports of Senegal to Denmark have decreased at an annualized rate of 11.3%,  from $2.07M in 2017 to $1.14M in 2022.

In 2022, Senegal did not export any services to Denmark.

Comparison: In 2022,  Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B). That same year, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Denmark exported $26.2M to Senegal. The main products exported from Denmark to Senegal were Vaccines, blood, antisera, toxins and cultures ($2.5M), Industrial Fatty Acids, Oils and Alcohols ($1.81M), and Concentrated Milk ($1.81M). During the last 5 years the exports of Denmark to Senegal have increased at an annualized rate of 9.96%, from $16.3M in 2017 to $26.2M in 2022.

In 2017, Senegal exported $1.14M to Denmark. The main products exported from Senegal to Denmark were Fish oil ($366k), Other Fruits ($260k), and Root Vegetables ($135k). During the last 5 years the exports of Senegal to Denmark have decreased at an annualized rate of 11.3%, from $2.07M in 2022 to $1.14M in 2017.

Exports from Denmark (Flag) to Senegal (Flag) (2022)

Exports from Senegal (Flag) to Denmark (Flag) (2022)

Latest Data

Trade between Denmark (Flag) and Senegal (Flag)

Denmark Exports

Senegal Exports

Market Competitiveness

Color
Denmark
Top Destination
Germany$18.9B
Senegal
Top Destination
Mali$1.13B

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

In 2022, countries that imported more from Denmark than Senegal included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

In 2022, countries that imported more from Senegal than Denmark included Mali ($1.13B), Gambia ($177M), and Guinea ($182M).

Difference in imports from Senegal (Flag) and Denmark (Flag) (2022)

Comparative Advantage Denmark - Senegal

Flow
Scale

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

During 2022, Denmark had a large net trade with Senegal in the exports of Chemical Products ($7.03M), Machines ($5.52M), and Animal Products ($4.79M).

During 2017, Senegal had a large net trade with Denmark in the exports of Vegetable Products ($399k), Animal and Vegetable Bi-Products ($366k), and Machines ($99.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Senegal+$1.06MPackaged Medicaments
Top Product Potential Senegal Denmark+$190kFish oil

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

Product Space of Denmark (Flag) and Senegal (Flag) (2022)

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