• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 24.5mn
LOC approved by the Indian government to upgrade and rehabilitate healthcare

US$ 1.1bn

bilateral trade for FY 2020-21

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

Value In US$ Millions

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 518.75 558.71 634.10 724.11 639.24
2 %Growth 7.7 13.49 14.19 -11.72
3 India’s Total Export 310,338.48 262,291.09 275,852.43 303,526.16 330,078.09
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 0.17 0.21 0.23 0.24 0.19
6 IMPORT 208.13 263.95 315.85 564.94 658.99
7 %Growth 26.82 19.66 78.87 16.65
8 India’s Total Import 448,033.41 381,007.76 384,357.03 465,580.99 514,078.42
9 %Growth -14.96 0.88 21.13 10.42
10 %Share 0.05 0.07 0.08 0.12 0.13
11 TOTAL TRADE 726.89 822.66 949.95 1,289.05 1,298.23
12 %Growth 13.17 15.47 35.7 0.71
13 India’s Total Trade 758,371.89 643,298.84 660,209.46 769,107.15 844,156.51
14 %Growth -15.17 2.63 16.49 9.76
15 %Share 0.1 0.13 0.14 0.17 0.15
16 TRADE BALANCE 310.62 294.76 318.25 159.17
17 India’s Trade Balance -137,694.93 -118,716.67 -108,504.60 -162,054.83 -184,000.33

Ministry of Commerce and Industry, Govt of India

(+91) 11 2306 2261

Visit Website

Department of Commerce Ministry of Commerce and Industry Udyog Bhawan, New Delhi 110 107 , INDIA

Directorate General of Foreign Trade

(+91) 11 2306 1562

Visit Website

Udyog Bhawan, H-Wing, Gate No. 2 Maulana Azad Road, New Delhi – 110011

Indo-African Chamber of Commerce& Industry

(+91) 22 4060 6162

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81/82, Mittal Court, 'C' Wing, 8th Floor, Nariman Point, Mumbai 400021

Senegalese Investment Promotion body

(+221) 33 849 0555

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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

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5, Avenue Carde, BP 398, Dakar, Senegal

Commercial Representative

(+221) 775 295 092

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Second Secretary (Trade & Economic)

Opportunities

Agricultural exports

    Non-alcoholic beverages other than waters of 2202.10 (not incl. fruit/veg. … (220290)

    agriexchange.apeda.gov.in

    Maize (corn), other than seed (100590)
    Malt extract; oth. food preps. of flour/groats/meal/starch/malt extact [see … (190190)
    Other durum wheat excl seed (100119)
    Other wheat and meslin (100199)

    agriexchange.apeda.gov.in

    Milk in powder/granules/oth. solid form, unsweetened, fat content by wt. >1 … (040221)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Preparations for infant use, put up for rs (190110)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)

    agriexchange.apeda.gov.in

    Onions & shallots, fresh/chilled (070310)
    Potatoes other than seed potatoes, fresh/chilled (070190)

    agriexchange.apeda.gov.in

    Fish preparations; tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved whole or in pieces (but not minced) (160414)
    Fish; frozen, jack and horse mackerel (Trachurus spp.), excluding fillets, livers, roes and other fish meat of heading 0304030355
    Fish; frozen, n.e.c. in heading 0303, excluding fillets, livers, roes, and other fish meat of heading 0304030389
    Fish; frozen, tuna, n.e.c. in item no. 0303.4, excluding fillets, livers, roes, and other fish meat of heading 0304030349
    Fish; smoked, whether or not cooked before or during smoking, salmon, Pacific (Oncorhynchus nerka, gorbuscha, keta, tshawytscha, kisutch masou, rhodurus), Atlantic (Salmo salar) and Danube (Hucho hucho), includes fillets, but excludes edible fish offal (030541)

    fishexchange.mpeda.gov.in

    Broken rice (100640)

    agriexchange.apeda.gov.in
Minerals

    Export: US$ 214 million

    oec.world

    Production: Bituminous-100,000 tons, Lignite-39,000,000 tons

    bgs.ac.uk

    Production: 45,115 tons
    Export: Refined-US$ 294 million

    wmc.org.pl

    Reserve: 500 million to 1 billion barrels (estimates vary)

    Production: 7,255 kgs
    Export: US$ 365 million

    mc.org.pl

    Production: Pig Iron-1,340,000 tons

    bgs.ac.uk

    Reserve: 50 trillion cubic feet (estimated)

    Production: 1,385,000 tons
    Export: US$ 368 million

    wmc.org.ploec.world

    Production: 263,218 tons

    World Mining Data

    Production: 660 kgs

    wmc.org.pl

    Production: 280,320 tons

    wmc.org.pl

    Production: 61,563 tons

    wmc.org.pl

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Senegal
  • Phosphates
  • Iron Scrap
  • Raw cashew (Gambia)
  • Cotton (Gambia)
India's top export to Senegal
  • Textiles
  • Food items
  • Automobiles
  • Pharmaceuticals
  • Cotton yarn (Gambia)
  • Fabrics & made-ups (Gambia)
  • Cosmetics/toiletries (Gambia)
  • Drugs & pharmaceuticals (Gambia)
  • Semi-finished Iron & Steel products (Gambia)
  • Drugs & pharmaceuticals (Cabo Verde)
  • Plastic & linoleum products (Cabo Verde)
  • Manmade fibers (Cabo Verde)

Bilateral Investors

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