Here is some important business information about Senegal:

Economic Overview:

GDP (2023 forecast): USD 31,141 million.

Main export products: Raw gold, processed petroleum products, frozen fish, cement, phosphoric acid.

Main import products: Machinery and transportation equipment, food products, petroleum products.

Trade relations with Turkey are developing. In 2016, Turkey’s exports to Senegal amounted to 2.6 billion dollars and imports to 5.5 billion dollars.

Information for Doing Business:

Documents required for export: Duplicate commercial invoice, certificate of origin, bill of lading, packing list, insurance policy

Products with high import potential in Senegal: Food products, construction materials, textile products, furniture, machinery and equipment

Investment opportunities: Agriculture, food processing, mining, infrastructure, energy, tourism

Trade Facilitation Systems:

ORBUS: Single window system for customs clearance

BESC/BSC Certificate: A mandatory certificate for imports into Senegal

Foreign Trade Pattern:

Main export partners: Switzerland, India, Mali, Ivory Coast, China

Main import partners: Mali, Switzerland, India, France, China

Trade Attraction Factors:

Young and growing population

Rich in natural resources

Government incentives for investment

Being the gateway to West Africa

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