Mongolia (MNG) and Senegal (SEN) Trade | The Observatory of Economic Complexity

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Mongolia-Senegal Trade: In 2023, Mongolia exported $463 to Senegal. The main products that Mongolia exported to Senegal were Sunflower Seeds ($463). Over the past 8 years the exports of Mongolia to Senegal have decreased at an annualized rate of 23.2%, from $3.84k in 2015 to $463 in 2023.

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

Senegal-Mongolia Trade: In 2023, Senegal exported $3.4k to Mongolia. The main products that Senegal exported to Mongolia were Plastic Lids ($3.4k). Over the past 8 years the exports of Senegal to Mongolia have decreased at an annualized rate of 52.6%, from $142k in 2015 to $3.4k in 2023.

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

Comparison: In 2023, Mongolia ranked 123 in the Economic Complexity Index (ECI -1.32), and 89 in total exports ($14.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Mongolia exported $463 to Senegal. The main products exported from Mongolia to Senegal were Sunflower Seeds ($463). During the last 8 years the exports of Mongolia to Senegal have decreased at an annualized rate of 23.2%, from $3.84k in 2015 to $463 in 2023.

In 2018, Senegal exported $3.4k to Mongolia. The main products exported from Senegal to Mongolia were Plastic Lids ($3.4k). During the last 5 years the exports of Senegal to Mongolia have decreased at an annualized rate of 52.6%, from $142k in 2023 to $3.4k in 2018.

Exports from Mongolia () to Senegal () (2023)

Exports from Senegal () to Mongolia () (2023)

Latest Data

Trade between Mongolia () and Senegal ()

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Mongolia
Top DestinationChina$13.1B

Senegal
Top DestinationMali$1.22B

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

In 2023, countries that imported more from Mongolia than Senegal included China ($13.1B), Switzerland ($842M), and Thailand ($67.1M).

In 2023, countries that imported more from Senegal than Mongolia included Mali ($1.22B), India ($681M), and United Arab Emirates ($251M).

Difference in imports from Senegal () and Mongolia () (2023)

Comparative Advantage Mongolia - Senegal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Mongolia had a large net trade with Senegal in the exports of Vegetable Products ($463).

During 2018, Senegal had a large net trade with Mongolia in the exports of Plastics and Rubbers ($3.4k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Mongolia Senegal+$3.37kCoal Briquettes

Top Product Potential Senegal Mongolia+$4.43kTomatoes

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Mongolia () to Senegal () (2023)

Exports from Senegal () to Mongolia () (2023)

Latest Data

Trade between Mongolia () and Senegal ()

Senegal Exports

Market Competitiveness

Difference in imports from Senegal () and Mongolia () (2023)

Comparative Advantage Mongolia - Senegal

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Mongolia () and Senegal () (2023)

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