- overview
- strengths
- Bilateral Agreements
- bilateral trade
- agencies
- Indian Mission
Partnership with India in urban transport, agriculture, rural electrification, human resource development and information technology
Two agreements have been signed for cooperation in SME sector
Around 98% of India's cashew crop is imported from Guinea Bissau
Guinea Bissau is founder of Team-9 Initiative- a Techno-Economic Approach for Africa-India Movement
US$ 24.5mn
LOC approved by the Indian government to upgrade and rehabilitate healthcare
US$ 1.6bn
bilateral trade for FY 2021-22
500
Indians live in Senegal and 600 in Gambia
Concurrent Accreditation The Mission in Senegal also handles India's bilateral relations with Cape Verde, Guinea Bissau and Gambia
Business and trade
Senegal is a member of two economic zones (WAEMU and ECOWAS) with a market of 300 million consumers
Agriculture and Agribusiness
Comparative advantages of Senegal combined with its modernized practices in agriculture offer opportunities
Tourism
Senegal has a tourism sector that benefits from a framework conducive to private investment development
ICTs and Teleservices
Various structural reforms have made Senegal's international ICT market competitive in outsourcing in particular
Health Sector
Senegal offers interesting investment opportunities to set up medical clinics and develop specialized services
Renewable Energy sector
Investment opportunities exist in solar energy, hydroelectricity, power plants (domestic fuels etc.), biofuels and oil exploration
India's Exports and Imports to Senegal
Source: Department of Commerce
Dated: 09/02/2023
Values in US $ Millions
Country / Region: SENEGAL
| S.No. | \Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 |
|---|---|---|---|---|---|---|
| 1. | EXPORT | 724.11 | 639.24 | 477.10 | 699.10 | 953.59 |
| 2. | %Growth | -11.72 | -25.36 | 46.53 | 36.40 | |
| 3. | India’s Total Export | 303,526.16 | 330,078.09 | 313,361.04 | 291,808.48 | 422,004.40 |
| 4. | %Growth | 8.75 | -5.06 | -6.88 | 44.62 | |
| 5. | %Share | 0.24 | 0.19 | 0.15 | 0.24 | 0.23 |
| 6. | IMPORT | 564.94 | 658.99 | 469.47 | 401.13 | 696.16 |
| 7. | %Growth | 16.65 | -28.76 | -14.56 | 73.55 | |
| 8. | India’s Total Import | 465,580.99 | 514,078.42 | 474,709.28 | 394,435.88 | 613,052.05 |
| 9. | %Growth | 10.42 | -7.66 | -16.91 | 55.43 | |
| 10. | %Share | 0.12 | 0.13 | 0.10 | 0.10 | 0.11 |
| 11. | TOTAL TRADE | 1,289.05 | 1,298.23 | 946.56 | 1,100.23 | 1,649.75 |
| 12. | %Growth | 0.71 | -27.09 | 16.23 | 49.95 | |
| 13. | India’s Total Trade | 769,107.15 | 844,156.51 | 788,070.32 | 686,244.36 | 1,035,056.45 |
| 14. | %Growth | 9.76 | -6.64 | -12.92 | 50.83 | |
| 15. | %Share | 0.17 | 0.15 | 0.12 | 0.16 | 0.16 |
| 16. | TRADE BALANCE | 159.17 | -19.75 | 7.63 | 297.97 | 257.42 |
| 17. | India’s Trade Balance | -162,054.83 | -184,000.33 | -161,348.24 | -102,627.40 | -191,047.65 |
Ministry of Commerce and Industry, Govt of India
(+91) 11 2306 2261
Department of Commerce Ministry of Commerce and Industry Udyog Bhawan, New Delhi 110 107 , INDIA
Directorate General of Foreign Trade
(+91) 11 2306 1562
Udyog Bhawan, H-Wing, Gate No. 2 Maulana Azad Road, New Delhi – 110011
Indo-African Chamber of Commerce& Industry
(+91) 22 4060 6162
81/82, Mittal Court, 'C' Wing, 8th Floor, Nariman Point, Mumbai 400021
Senegalese Investment Promotion body
(+221) 33 849 0555
APIX S.A, 52-54, rue Mohamed V,
Embassy of India, Dakar (Accredited to Senegal, The Gambia, Cabo Verde & Guinea Bissau)
(+221) 338 495 875
5, Avenue Carde, BP 398, Dakar, Senegal
