Senegal
Senegal’s geographic
position along with its modern communication
infrastructure, favorable trade policy and its
longstanding reputation as having the region’s model
of multiparty democracy makes it a gateway for trade
opportunities for U.S. exporters. With a population
of 12.8 million,
Senegal is primarily an agricultural country that
employs around 75 percent of the working population.
However, Senegal is still a net food importer,
particularly for rice, wheat, milk powder and
consumer ready goods. Senegal earns foreign exchange
from peanuts, fish, phosphates, tourism and
services. Total U.S. exports to Senegal have
rebounded from $78 million in 2007 to $109 million
in 2008. U.S. agricultural exports have also grown
from nearly $25 million in 2007 to $35 million in
2008. Senegal is a member of the Economic Community
of West African States (ECOWAS) and the West African
Economic and Monetary Union (WAEMU), which has a
Trade and Investment Framework Agreement (TIFA) with
the United States.
Population:
12.8 million
(2008
est.)
GDP per capita:
$8,400
(2008 est.)
Agriculture:
17% of GDP
Agricultural Production:
groundnut, millet, sorghum,
rice, cotton, mangoes, vegetables, melons, corn and
cattle
Major Senegal Agricultural Exports:
fish, groundnuts, phosphates,
cotton and petroleum products
Major U.S. Agricultural Exports to Senegal:
rice, pulses, soybean oil,
poultry meat and vegetable oils
Economic, Political,
and Demographic Information
