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Senegal

Senegal Flag

AGOA Status: Senegal is eligible for AGOA this year. It also qualifies for textile and apparel benefits.

Trade Agreements: The U.S. and Senegal signed a Bilateral Investment Treaty (BIT) in 1983, which entered into force in 1990. Senegal is also a member of the West African Economic and Monetary Union (UEMOA), which has a Trade & Investment Framework Agreement (TIFA) with the U.S.

U.S.-Senegal Trade Facts

Senegal is currently our 143rd largest goods trading partner with $247 million in total (two way) goods trade during 2013. Goods exports totaled $230 million; imports totaled $17 million. The U.S. goods trade surplus with Senegal totaled $213 million.  

Exports

Senegal was the United States' 132nd largest goods export market in 2013.

U.S. goods exports to Senegal in 2013 were $230 million, up 54.3 percent ($81 million) from 2012.

The top export categories (2-digit HS) in 2013 were: Mineral Fuel (oil) ($45 million), Machinery ($36 million), Vehicles ($27 million), Fertilizers ($18 million), and Plastic ($15 million).

U.S. exports of agricultural products to Senegal totaled $17 million in 2013. Leading category was: soybean meal ($5 million).

Imports

Senegal was the United States' 161st largest supplier of goods imports in 2013.

U.S. goods imports from Senegal totaled $17 million in 2013, a 1.3 percent increase ($209 thousand) from 2012.

The five largest import categories in 2013 were: Artificial Flowers, Feathers ($10 million), Fish and Seafood ($3 million), Special Other (returns) ($2 million), Straw, Esparto (baskets/bags) ($375 thousand), and Special Other (low value shipments) ($303 thousand).

U.S. imports of agricultural products from Senegal totaled $400 thousand in 2013.

Trade Balance

The U.S. goods trade surplus with Senegal was $213 million in 2013, a 61.1 percent increase ($81 million) from 2012.

Investment

U.S. foreign direct investment (FDI) in Senegal (stock) was not available in 2011. It was $5 million in 2009 (latest data available).

There was no information on the distribution of U.S. FDI in Senegal.

There was no Senegal FDI in the United States (stock) reported in 2011.


*NOTE: No services trade data with Senegal is available.

4/18/14