2022
Flag  
GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP
$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH
49.1%CURRENT US$
Rnk 65 / 186
2022
Flag
GDP PC 
$1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH
19.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC
$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH
50.2%CURRENT US$
Rnk 35 / 186

About

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.

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.

Comparison In 2022,  Senegal ranked 85 in the Economic Complexity Index (ECI -0.5),  and 120 in total exports ($6.2B). That same year, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $636k in 2022.

In 2017, 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 2022 to $236k in 2017.

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

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

Latest Data

Trade between Senegal (Flag) and Montenegro (Flag)

Senegal Exports

Montenegro Exports

Date

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.13B
Montenegro
Top Destination
South Korea$321M

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

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

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

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

Comparative Advantage Senegal - Montenegro

Flow
Scale

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

During 2022, Senegal had a large net trade with Montenegro in the exports of Mineral Products ($450k), Animal Products ($123k), and Plastics and Rubbers ($43.5k).

During 2017, Montenegro had a large net trade with Senegal in the exports of Transportation ($201k), Metals ($15.2k), and Machines ($10.4k).

Economic Complexity

Competitive Landscape

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

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

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