Senegal

Senegal ranked No. 118 in total trade value through May with a total of $145.98 million. Exports totaled $106.56 million and Imports totaled $39.42 million, a surplus of $67.14 million.

U.S. trade with Senegal rose to $122.27 million through May

Senegal’s trade with the United States rose to $122.27 million through the first five months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 20.82 percent above its total trade during the same time period last year. U.S. exports to Senegal increased 48.95 percent while U.S. imports from Senegal fell 19.06 percent. The U.S. surplus with Senegal was $54.51 million.

Through May, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Virginia; No. 2 Port of Savannah, Ga.; No. 3 Port of New York; No. 4 Port of Houston; and No. 5 Port of Newark. During the same period the previous year, the top five were No. 1 Port of Newark; No. 2 Port of Houston; No. 3 Port of New York; No. 4 Port of Savannah, Ga. and No. 5 Port of Gulfport, Miss.. In the current time period, the top five accounted for 62.45 percent of Senegal’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Virginia rose 379.66 percent to $27.32 million.
    Exports rose 430.07 percent to $25.41 million. Imports rose 111.84 percent to $1.91 million.
  • Trade with No. 2 Port of Savannah, Ga. rose 66.02 percent to $21.49 million.
    Exports rose 163.88 percent to $9.84 million. Imports rose 26.44 percent to $11.65 million.
  • Trade with No. 3 Port of New York rose 2.96 percent to $14.93 million.
    Exports rose 2.56 percent to $14.88 million. Imports totaled $57,679.
  • Trade with No. 4 Port of Houston fell 20.85 percent to $13.83 million.
    Exports fell 7.33 percent to $12.02 million. Imports fell 59.79 percent to $1.81 million.
  • Trade with No. 5 Port of Newark fell 51.21 percent to $13.59 million.
    Exports fell 18.55 percent to $5.92 million. Imports fell 62.75 percent to $7.67 million.

Senegal ranked No. 118 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 134.

Meanwhile, total U.S. trade with the world increased to $1.48 trillion, down 64.27 percent compared to the same period last year. The nation’s exports dropped 64.62 percent to $582.11 billion; imports dropped 64.04 percent to $898.44 billion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $316.33 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Senegal by value through May were the categories of LNG, other petroleum gases; Passenger vehicles; Misc. machinery for moving, grading; Corn; and Plastics, respectively. They accounted for 47.04 percent of total exports to Senegal.

The value of the top five categories of U.S. imports from Senegal –– Caviar, caviar substitutes, other prepared fish; Wigs, other products, from human hair; Niobium, tantalum, vanadium, zirconium; Titanium Ores and Concentrates 2614; and Returned exports, without change –– accounted for 94.11 percent of all inbound shipments.

Looking more closely at U.S. exports to Senegal:

  • LNG, other petroleum gases totaled $21.34 million. The previous year, there were no exports in this category.
  • Passenger vehicles fell 14.49 percent compared to last year to $15.03 million.
  • Misc. machinery for moving, grading rose 6917.07 percent compared to last year to $5.18 million.
  • Corn totaled $4.61 million. The previous year, there were no exports in this category.
  • Plastics fell 6.02 percent compared to last year to $3.97 million.

Looking more closely at U.S. imports from Senegal:

  • Caviar, caviar substitutes, other prepared fish fell 20.07 percent compared to last year to $16.25 million.
  • Wigs, other products, from human hair fell 2.4 percent compared to last year to $10.75 million.
  • Niobium, tantalum, vanadium, zirconium fell 15.9 percent compared to last year to $4.78 million.
  • Titanium Ores and Concentrates 2614 fell 54.46 percent compared to last year to $4.28 million.
  • Returned exports, without change rose 6.66 percent compared to last year to $1.04 million.

In the latest annual figures available, Senegal recorded $329.78 million in trade with the United States. Total U.S. exports to Senegal were $ 198.31 million and imports from Senegal were $131.46 million. The U.S. surplus with Senegal was $66.85 million.