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

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Senegal-Mongolia Trade: In 2022, Senegal exported $9.2k to Mongolia. The main products that Senegal exported to Mongolia were Tomatoes ($7.23k), Liquid Pumps ($1.19k), and Seats ($538). Over the past 5 years the exports of Senegal to Mongolia have increased at an annualized rate of 65.9%, from $732 in 2017 to $9.2k in 2022.

In 2022, Senegal did not export any services to Mongolia.

Mongolia-Senegal Trade: In 2022, Mongolia exported $885 to Senegal. The main products that Mongolia exported to Senegal were Electric Motors ($885). Over the past 5 years the exports of Mongolia to Senegal have decreased at an annualized rate of 71.5%, from $473k in 2017 to $885 in 2022.

In 2022, Mongolia 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, Mongolia ranked 120 in the Economic Complexity Index (ECI -1.26), and 94 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Senegal exported $9.2k to Mongolia. The main products exported from Senegal to Mongolia were Tomatoes ($7.23k), Liquid Pumps ($1.19k), and Seats ($538). During the last 5 years the exports of Senegal to Mongolia have increased at an annualized rate of 65.9%, from $732 in 2017 to $9.2k in 2022.

In 2017, Mongolia exported $885 to Senegal. The main products exported from Mongolia to Senegal were Electric Motors ($885). During the last 5 years the exports of Mongolia to Senegal have decreased at an annualized rate of 71.5%, from $473k in 2022 to $885 in 2017.

Exports from Senegal () to Mongolia () (2022)

Exports from Mongolia () to Senegal () (2022)

Latest Data

Trade between Senegal () and Mongolia ()

Senegal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Senegal
Top DestinationMali$1.13B

Mongolia
Top DestinationChina$10.6B

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

In 2022, countries that imported more from Senegal than Mongolia included Mali ($1.13B), India ($1B), and United States ($513M).

In 2022, countries that imported more from Mongolia than Senegal included China ($10.6B), Switzerland ($1.98B), and Singapore ($346M).

Difference in imports from Mongolia () and Senegal () (2022)

Comparative Advantage Senegal - Mongolia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Senegal had a large net trade with Mongolia in the exports of Vegetable Products ($7.23k), Machines ($1.19k), and Miscellaneous ($538).

During 2017, Mongolia had a large net trade with Senegal in the exports of Machines ($885).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Senegal Mongolia+$4.43kTomatoes

Top Product Potential Mongolia Senegal+$3.37kCoal Briquettes

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

About

Historical Data

Bilateral Trade by Products

Exports from Senegal () to Mongolia () (2022)

Exports from Mongolia () to Senegal () (2022)

Latest Data

Trade between Senegal () and Mongolia ()

Senegal Exports

Market Competitiveness

Difference in imports from Mongolia () and Senegal () (2022)

Comparative Advantage Senegal - Mongolia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Senegal () and Mongolia () (2022)

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