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Pricing

2023
Flag → Flag
Exports $90.6kRnk 72 / 130
2023
Flag → Flag
Top Product $32.5kTelephones
2023
Flag → Flag
Exports $334kRnk 101 / 156
2023
Flag → Flag
Top Product $295kMolluscs
2023
Flag
Economic Complexity (ECI) ECI -0.51Rnk 87 / 132
2023
Flag  
GDP$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
 GDP$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
GDP PC $12,221CURRENT US$
Rnk 83 / 195
2013-2023
Flag
GDP PC GROWTH70%CURRENT US$
Rnk 26 / 195
2023
Flag
GDP PC$1,706CURRENT US$
Rnk 162 / 196
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 92 / 195

About

Montenegro-Senegal Trade: In 2023, Montenegro exported $90.6k to Senegal. The main products that Montenegro exported to Senegal were Telephones ($32.5k), Padlocks ($14.6k), and Non-fillet Frozen Fish ($12.7k). Over the past 5 years the exports of Montenegro to Senegal have decreased at an annualized rate of 36.6%, from $883k in 2018 to $90.6k in 2023.

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

Senegal-Montenegro Trade: In 2023, Senegal exported $334k to Montenegro. The main products that Senegal exported to Montenegro were Molluscs ($295k), Crustaceans ($20.4k), and Tomatoes ($4.14k). Over the past 5 years the exports of Senegal to Montenegro have decreased at an annualized rate of 38.5%,  from $10.1M in 2018 to $334k in 2023.

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

Comparison In 2023,  Montenegro ranked 151 in total exports ($1.53B), and does not have data regarding Economic Complexity Index. That same year, Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Montenegro exported $90.6k to Senegal. The main products exported from Montenegro to Senegal were Telephones ($32.5k), Padlocks ($14.6k), and Non-fillet Frozen Fish ($12.7k). During the last 5 years the exports of Montenegro to Senegal have decreased at an annualized rate of 36.6%, from $883k in 2018 to $90.6k in 2023.

In 2018, Senegal exported $334k to Montenegro. The main products exported from Senegal to Montenegro were Molluscs ($295k), Crustaceans ($20.4k), and Tomatoes ($4.14k). During the last 5 years the exports of Senegal to Montenegro have decreased at an annualized rate of 38.5%, from $10.1M in 2023 to $334k in 2018.

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

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

Latest Data

Trade between Montenegro (Flag) and Senegal (Flag)

Montenegro Exports

Date

Senegal Exports

Market Competitiveness

Color
Montenegro
Top DestinationItaly$576M
Senegal
Top DestinationMali$1.22B

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 2023, countries that imported more from Montenegro than Senegal included Italy ($576M), Serbia ($202M), and Slovenia ($77.9M).

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

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

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 2023, Montenegro had a large net trade with Senegal in the exports of Machines ($45k), Metals ($15.8k), and Animal Products ($12.7k).

During 2018, Senegal had a large net trade with Montenegro in the exports of Animal Products ($318k), Vegetable Products ($9.96k), and Textiles ($3.35k).

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) (2023)

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