2022
Flag  
GDP
$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH
56.8%CURRENT US$
Rnk 44 / 186
2022
Flag
 GDP
$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH
18.1%CURRENT US$
Rnk 125 / 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
$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH
11.8%CURRENT US$
Rnk 110 / 186

About

Senegal-Netherlands Trade: In 2022, Senegal exported $65.6M to Netherlands. The main products that Senegal exported to Netherlands were Legumes ($22.9M), Niobium, Tantalum, Vanadium and Zirconium Ore ($10.5M), and Ground Nut Oil ($7.01M). Over the past 5 years the exports of Senegal to Netherlands have decreased at an annualized rate of 4.64%, from $83.2M in 2017 to $65.6M in 2022.

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

Netherlands-Senegal Trade: In 2022, Netherlands exported $726M to Senegal. The main products that Netherlands exported to Senegal were Refined Petroleum ($433M), Onions ($90.1M), and Potatoes ($27.1M). Over the past 5 years the exports of Netherlands to Senegal have increased at an annualized rate of 9.81%,  from $455M in 2017 to $726M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Senegal exported $65.6M to Netherlands. The main products exported from Senegal to Netherlands were Legumes ($22.9M), Niobium, Tantalum, Vanadium and Zirconium Ore ($10.5M), and Ground Nut Oil ($7.01M). During the last 5 years the exports of Senegal to Netherlands have decreased at an annualized rate of 4.64%, from $83.2M in 2017 to $65.6M in 2022.

In 2017, Netherlands exported $726M to Senegal. The main products exported from Netherlands to Senegal were Refined Petroleum ($433M), Onions ($90.1M), and Potatoes ($27.1M). During the last 5 years the exports of Netherlands to Senegal have increased at an annualized rate of 9.81%, from $455M in 2022 to $726M in 2017.

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

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

Latest Data

Trade between Senegal (Flag) and Netherlands (Flag)

Senegal Exports

Market Competitiveness

Color
Senegal
Top Destination
Mali$1.13B
Netherlands
Top Destination
Germany$131B

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

In 2022, countries that imported more from Senegal than Netherlands included Mali ($1.13B), Gambia ($177M), and Guinea-Bissau ($88.4M).

In 2022, countries that imported more from Netherlands than Senegal included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Senegal - Netherlands

Flow
Scale

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

During 2022, Senegal had a large net trade with Netherlands in the exports of Vegetable Products ($35.9M), Mineral Products ($16.1M), and Animal and Vegetable Bi-Products ($7.06M).

During 2017, Netherlands had a large net trade with Senegal in the exports of Mineral Products ($435M), Vegetable Products ($125M), and Machines ($46.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Netherlands+$1.91MTitanium Ore
Top Product Potential Netherlands Senegal+N/AN/A

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

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

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

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