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2022
Flag → Flag
Exports $236kRnk 58 / 123
2022
Flag → Flag
Top Product $128kCars
2022
Flag → Flag
Exports $636kRnk 89 / 160
2022
Flag → Flag
Top Product $449kNiobium, Tantalum, Vanadium and Zirconium Ore
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag  
GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
 GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
GDP PC $9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186
2022
Flag
GDP PC$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186

About

Montenegro-Senegal Trade: In 2022, Montenegro exported $236k to Senegal. The main products that Montenegro exported to Senegal were Cars ($128k), Tractors ($73.1k), and Padlocks ($14.8k). Over the past 5 years the exports of Montenegro to Senegal have increased at an annualized rate of 41%, from $42.5k in 2017 to $236k in 2022.

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

Senegal-Montenegro Trade: In 2022, Senegal exported $636k to Montenegro. The main products that Senegal exported to Montenegro were Niobium, Tantalum, Vanadium and Zirconium Ore ($449k), Molluscs ($117k), and Other Plastic Sheetings ($26.3k). Over the past 5 years the exports of Senegal to Montenegro have increased at an annualized rate of 93.6%,  from $23.4k in 2017 to $636k in 2022.

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

Comparison In 2022,  Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index. 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, Montenegro exported $236k to Senegal. The main products exported from Montenegro to Senegal were Cars ($128k), Tractors ($73.1k), and Padlocks ($14.8k). During the last 5 years the exports of Montenegro to Senegal have increased at an annualized rate of 41%, from $42.5k in 2017 to $236k in 2022.

In 2017, Senegal exported $636k to Montenegro. The main products exported from Senegal to Montenegro were Niobium, Tantalum, Vanadium and Zirconium Ore ($449k), Molluscs ($117k), and Other Plastic Sheetings ($26.3k). During the last 5 years the exports of Senegal to Montenegro have increased at an annualized rate of 93.6%, from $23.4k in 2022 to $636k in 2017.

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

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

Latest Data

Trade between Montenegro (Flag) and Senegal (Flag)

Montenegro Exports

Date

Senegal Exports

Market Competitiveness

Color
Montenegro
Top DestinationSouth Korea$321M
Senegal
Top DestinationMali$1.13B

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

In 2022, countries that imported more from Montenegro than Senegal included South Korea ($321M), Serbia ($159M), and Bosnia and Herzegovina ($95.5M).

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

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

Comparative Advantage Montenegro - Senegal

Flow
Scale

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

During 2022, Montenegro had a large net trade with Senegal in the exports of Transportation ($201k), Metals ($15.2k), and Machines ($10.4k).

During 2017, Senegal had a large net trade with Montenegro in the exports of Mineral Products ($450k), Animal Products ($123k), and Plastics and Rubbers ($43.5k).

Economic Complexity

Competitive Landscape

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

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

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