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
In 2019, Senegal GDP was an estimated $23.9 billion (current market exchange rates); real GDP was up by an estimated 5.3%; and the population was 17 million. (Source: IMF)
Senegal is currently our 134th largest goods trading partner with $328 million in total (two way) goods trade during 2019. Goods exports totaled $197 million; goods imports totaled $131 million. The U.S. goods trade surplus with Senegal was $65 million in 2019.
- Senegal was the United States' 129th largest goods export market in 2019.
- U.S. goods exports to Senegal in 2019 were $197 million, down 32.0% ($92 million) from 2018 but up 12.0% from 2009.
- The top export categories (2-digit HS) in 2019 were: vehicles ($52 million), plastics ($26 million), mineral fuels ($22 million), machinery ($22 million), and special other (returns) ($11 million).
- U.S. total exports of agricultural products to Senegal totaled $6 million in 2019. Leading domestic export categories include: prepared food ($2 million), tobacco ($1 million), wheat ($550 thousand), condiments & sauces ($507 thousand), and rice ($433 thousand).
- Senegal was the United States' 118th largest supplier of goods imports in 2019.
- U.S. goods imports from Senegal totaled $131 million in 2019, up 3.4% ($4 million) from 2018, and up 1,804.2% from 2009.
- The top import categories (2-digit HS) in 2019 were: prepared meat and fish (fish, caviar) ($50 million), ores, slag, and ash (titanium) ($33 million), artificial flowers, feather or down articles ($27 million), mineral fuels ($9 million), and special other (returns) ($4 million
- U.S. total imports of agricultural products from Senegal totaled $2 million in 2019.
- The U.S. goods trade surplus with Senegal was $65 million in 2019, a 59.7% decrease ($97 million) over 2018.
- U.S. foreign direct investment (FDI) in Senegal (stock) was $15 million in 2019, a 28.6% decrease from 2018. There is no information on the distribution of U.S. FDI in Senegal.
- Senegal's FDI in the United States (stock) was $1 million in 2018 (latest data available). There is no information on the distribution of Senegal FDI in the U.S.
NOTE: No services trade data with Senegal are available.