Senegalese export trends
- The Trade Adviser
- Jul 22, 2024
- 1 min read
Updated: Jun 1
Senegal, a country in West Africa, has a diverse range of exports that contribute significantly to its economy. Despite facing a trade deficit, recent developments, including offshore oil production, are set to change the landscape of Senegal's foreign trade. This article explores the key commodities Senegal exports, its major trade partners, trends in export values, and the impact of new economic activities.
Key Takeaways
Senegal's main exports include gold, phosphoric acid, and agricultural products.
Mali, India, Switzerland, and the United States are major destinations for Senegal's exports.
The country has seen a steady increase in export values year over year.
Offshore oil production is expected to reduce the trade deficit and diversify the economy.
Technological advancements are improving the efficiency and quality of export processes.
