United States (USA) and Senegal (SEN) Trade

About

United States-Senegal: In 2018, United States exported $293M to Senegal. The main products exported from United States to Senegal were Refined Petroleum ($45.7M), Cars ($38.5M), and Petroleum Gas ($36.9M). During the last 23 years the exports of United States to Senegal have increased at an annualized rate of 6.68%, from $66.1M in 1995 to $293M in 2018.

Senegal-United States: In 2018, Senegal exported $138M to United States. The main products exported from Senegal to United States were Fake Hair ($38.1M), Processed Synthetic Staple Fibers ($22.5M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($19.9M). During the last 23 years the exports of Senegal to United States have increased at an annualized rate of 14.7%, from $5.94M in 1995 to $138M in 2018.

Comparison: In 2018, United States ranked 9 in the Economic Complexity Index (ECI 1.57), and 3 in total exports ($1.44T). That same year, Senegal ranked 88 in the Economic Complexity Index (ECI -0.51), and 120 in total exports ($3.89B). In terms of GDP Per Capita, United States was ranked 10 with a GDP Per Capita of $62,795, and Senegal was ranked 161 with a GDP Per Capita of $1,522.

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2018, United States exported $293M to Senegal. The main products exported from United States to Senegal were Refined Petroleum ($45.7M), Cars ($38.5M), and Petroleum Gas ($36.9M). During the last 23 years the exports of United States to Senegal have increased at an annualized rate of 6.68%, from $66.1M in 1995 to $293M in 2018.

In 2018, Senegal exported $138M to United States. The main products exported from Senegal to United States were Fake Hair ($38.1M), Processed Synthetic Staple Fibers ($22.5M), and Niobium, Tantalum, Vanadium and Zirconium Ore ($19.9M). During the last 23 years the exports of Senegal to United States have increased at an annualized rate of 14.7%, from $5.94M in 1995 to $138M in 2018.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

United States
Top Destination: Mexico, $237B

Senegal
Top Destination: Mali, $699M

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

In 2018, countries that imported more from United States than Senegal were Mexico ($237B), Canada ($190B), and China ($119B).

In 2018, countries that imported more from Senegal than United States were Mali ($699M), Gambia ($100M), and Guinea-Bissau ($68.3M).

Comparative Advantage United States - Senegal

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Depth

Year

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

During 2018, United States had a large net trade with Senegal in the exports of Mineral Products ($116M), Transportation ($55M), and Machines ($37.7M).

During 2018, Senegal had a large net trade with United States in the exports of Footwear and Headwear ($38.8M), Mineral Products ($31.4M), and Textiles ($22.7M).

Tariff Section

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Tariffs

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This sections shows import tariffs for products traded between United States and Senegal (using the HS6 product classification and the last year reported).

In 2018, the products from United States that paid the highest import tariffs to enter Senegal were Tobacco: smoking, other than water pipe tobacco, whether or not containing tobacco substitutes in any proportion (350%) and Homogenized or reconstituted tobacco (350%).

In 2018, the products from Senegal that paid the highest import tariffs to enter United States were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

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*The tariffs present between United States and Senegal are:
75: AGOA preference on certain textiles and apparel for eligible countries
75: AGOA preference on certain textiles and apparel for eligible countries
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement
346: Preferential treatment under the African Growth and Opportunity Act (AGOA)
346: Preferential treatment under the African Growth and Opportunity Act (AGOA)
388: United States Generalized System of Preference
388: United States Generalized System of Preference
389: United States GSP for Least Developed Countries
389: United States GSP for Least Developed Countries

Forecasts

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Trade Forecasts

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This section shows a forecast for total trade between United States and Senegal. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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Year

This visualization show the product space at the HS4 level colored from blue to red. This mean that the more blue a dot/product is, the more United States has comparative advantage over Senegal. Similarly, the more red a dot/product is, the more Senegal has comparative advantage over United States.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage United States - Senegal

Tariff Section

Tariffs

Forecasts

Trade Forecasts

Economic Complexity

Competitive Landscape

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