Senegal (SEN) and North Macedonia (MKD) Trade | The Observatory of Economic Complexity

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Senegal-North Macedonia Trade: In 2022, Senegal exported $9.99k to North Macedonia. The main products that Senegal exported to North Macedonia were Processed Crustaceans ($6.47k), Non-fillet Frozen Fish ($1.43k), and Low-voltage Protection Equipment ($952). Over the past 5 years the exports of Senegal to North Macedonia have increased at an annualized rate of 68.8%, from $730 in 2017 to $9.99k in 2022.

In 2022, Senegal did not export any services to North Macedonia.

North Macedonia-Senegal Trade: In 2022, North Macedonia exported $383k to Senegal. The main products that North Macedonia exported to Senegal were Unglazed Ceramics ($259k) and Stone Processing Machines ($125k). Over the past 5 years the exports of North Macedonia to Senegal have increased at an annualized rate of 213%, from $404 in 2017 to $383k in 2022.

In 2022, North Macedonia did not export any services to Senegal.

Comparison: In 2022, Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). That same year, North Macedonia ranked 52 in the Economic Complexity Index (ECI 0.25), and 105 in total exports ($9.52B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Senegal exported $9.99k to North Macedonia. The main products exported from Senegal to North Macedonia were Processed Crustaceans ($6.47k), Non-fillet Frozen Fish ($1.43k), and Low-voltage Protection Equipment ($952). During the last 5 years the exports of Senegal to North Macedonia have increased at an annualized rate of 68.8%, from $730 in 2017 to $9.99k in 2022.

In 2017, North Macedonia exported $383k to Senegal. The main products exported from North Macedonia to Senegal were Unglazed Ceramics ($259k) and Stone Processing Machines ($125k). During the last 5 years the exports of North Macedonia to Senegal have increased at an annualized rate of 213%, from $404 in 2022 to $383k in 2017.

Exports from Senegal () to North Macedonia () (2022)

Exports from North Macedonia () to Senegal () (2022)

Latest Data

Trade between Senegal () and North Macedonia ()

North Macedonia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.13B

North Macedonia
Top DestinationGermany$3.96B

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

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

In 2022, countries that imported more from North Macedonia than Senegal included Germany ($3.96B), Serbia ($800M), and Greece ($683M).

Difference in imports from North Macedonia () and Senegal () (2022)

Comparative Advantage Senegal - North Macedonia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Senegal had a large net trade with North Macedonia in the exports of Foodstuffs ($6.47k), Animal Products ($1.7k), and Machines ($1k).

During 2017, North Macedonia had a large net trade with Senegal in the exports of N/A.

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal North Macedonia+$16.5kMolluscs

Top Product Potential North Macedonia Senegal+$36kStone Processing Machines

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to North Macedonia () (2022)

Exports from North Macedonia () to Senegal () (2022)

Latest Data

Trade between Senegal () and North Macedonia ()

North Macedonia Exports

Market Competitiveness

Difference in imports from North Macedonia () and Senegal () (2022)

Comparative Advantage Senegal - North Macedonia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and North Macedonia () (2022)

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