International Trade in Senegal

International Trade in Senegal

With a GDP per capita of USD 1,066, Senegal has, for a long time, experienced one of the highest growth rates of the UEMOA (West African Economic and Monetary Union).  Structural reforms have created an important change in the economic environment of Senegal, notably thanks to the... Read more

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Market Analyses About Senegal (37)

Import and Export Services in Senegal (135)

  • Mon Agent Immobilier Dakar

    Mon Agent Immobilier Dakar

    Office Rental, Senegal

    Your real estate agency in Dakar, specialized in corporate real estate: location of study business, looking for warehouse, office, board...
  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Senegal

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...

Business Tips About Senegal (14)

Agents and Distributors in Senegal (56)

  • West Africa Trade Link is an African company dedicated to trade facilitation with focused on the West African markets. We serve exporters...
  • KAL'S CORPORATE

    KAL'S CORPORATE

    Sales Agents, Senegal

    General Trade IMPORT / EXPORT Medical and Healthcare Products Selling Logistics Services - Air & Sea Service provider Storage...

Overview About International Trade in Senegal

Main Industry Sectors

The primary sector employs 77% of the active population and contributes about 15% to the GDP. The Senegalese agriculture is characterized by being highly vulnerable to climatic hazards and locust threats. Senegal's main crops are peanuts, black-eyed peas, cassava, watermelons, millet, rice and corn.  The country is relatively poor in natural resources.

The secondary sector contributes approximately a quarter to the GDP. It is based on the production of fertilizers and phosphoric acid to be sent to India and peanut processing (oil and cattle meal) and seafood (despite a growing depletion in the resource).

The tertiary sector contributes 60% to the GDP. It benefits from the excellence of the telecommunications infrastructure, which favors investments in teleservices and the Internet.

 

Economic Overview

With a GDP per capita of USD 1,066, Senegal has, for a long time, experienced one of the highest growth rates of the UEMOA (West African Economic and Monetary Union).  Structural reforms have created an important change in the economic environment of Senegal, notably thanks to the privatization of a number of public companies in the areas of agriculture and infrastru...

News Related to International Trade in Senegal

  • Senegal to crack down on huge plastic waste by enforcing law - Jul 30, 2019

    Tired of seeing Senegal's seascapes spoiled by ever-growing mounds of cheap plastic bags, authorities plan to crack down on polluters by imposing fines and further restricting plastic use.

    Source: Reuters

  • EU signs sustainable fishing partnership agreement protocol with Senegal - Jul 25, 2019

    On 19 July 2019 the EU and Senegal signed a new implementing protocol to the existing sustainable fisheries partnership agreement.

    Source: EC Europe

  • Senegal takes key steps towards improving tax transparency - May 02, 2019

    Senegal today signed the Multilateral Convention on Mutual Administrative Assistance in Tax Matters. Senegal is the 11th country of the African continent to sign the Convention and the 93rd jurisdiction to join it. Simultaneously to signing the Convention, Senegal today also became the 32nd signatory of Multilateral Competent Authority Agreement for the automatic exchange of Country-by-Country reports (CbC MCAA).

    Source: OCDE