2023
Flag  
GDP
$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH
63.1%CURRENT US$
Rnk 46 / 195
2023
Flag
 GDP
$7.53BCURRENT US$
Rnk 154 / 195
2013-2023
Flag
GDP GROWTH
68.6%CURRENT US$
Rnk 42 / 195
2023
Flag
GDP PC 
$1,706CURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC
$12,221CURRENT US$
Rnk 83 / 196
2013-2023
Flag
GDP PC GROWTH
70%CURRENT US$
Rnk 26 / 195

About

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 49.4%, from $10.1M in 2018 to $334k in 2023.

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

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 49.4%, from $10.1M in 2018 to $334k in 2023.

In 2018, 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 2023 to $90.6k in 2018.

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

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

Latest Data

Trade between Senegal (Flag) and Montenegro (Flag)

Senegal Exports

Montenegro Exports

Date

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.22B
Montenegro
Top Destination
Italy$576M

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

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

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

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 2023, Senegal had a large net trade with Montenegro in the exports of Animal Products ($318k), Vegetable Products ($9.96k), and Textiles ($3.35k).

During 2018, Montenegro had a large net trade with Senegal in the exports of Machines ($45k), Metals ($15.8k), and Animal Products ($12.7k).

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) (2023)

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