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 and Investment Framework Agreement (TIFA) with the U.S.
Senegal Trade Summary
U.S. goods and services trade with Senegal totaled an estimated $1.1 billion in 2024, up 4.5 percent ($47.7 million) from 2023.
U.S. total goods trade (exports plus imports) with Senegal was an estimated $589.9 million in 2024. U.S. goods exports to Senegal in 2024 were $354.9 million, up 4.2 percent ($14.3 million) from 2023. U.S. goods imports from Senegal in 2024 totaled $235.1 million, up 48.2 percent ($76.5 million) from 2023. The U.S. goods trade surplus with Senegal was $119.8 million in 2024, a 34.2 percent decrease ($62.2 million) over 2023.
U.S. total services trade (exports plus imports) with Senegal totaled an estimated $526 million in 2024. U.S. services exports to Senegal in 2024 were $288 million, unchanged from 2023. U.S. services imports from Senegal in 2024 were $238 million, down 15.3 percent ($43 million) from 2023. The U.S. services trade surplus with Senegal was $50 million in 2024, a 614.3 percent increase ($43 million) over 2023.
