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 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195

About

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.

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.

Comparison In 2023,  North Korea ranked 172 in total exports ($397M), 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, 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 2018 to $10.3M in 2023.

In 2018, 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 2023 to $50.6k in 2018.

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

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

Latest Data

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

Senegal Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage North Korea - Senegal

Flow
Scale

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

During 2023, North Korea had a large net trade with Senegal in the exports of Mineral Products ($9.21M), Machines ($309k), and Transportation ($306k).

During 2018, Senegal had a large net trade with North Korea in the exports of Metals ($50.1k) and Machines ($541).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Senegal (Flag) (2023)

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