According to resources, the total export to Senegal from India reached an estimated revenue of more than $660 Million by the year 2022.
Trade agreements have also been signed between both countries in order to support exports.
Value in $Million & Billion | 2020-2021 | 2021-2022(Apr-Dec) |
India Export to Senegal | 699M | 668M |
India Import from Senegal | 401M | 482M |
Total Trade | 1.1B | 1.15B |
Pharmaceuticals, Machinery and Cereals are the major exported products from India to Senegal at the present moment.
The E-commerce market in Senegal is also rising and the main reason behind this development is the Internet penetration rate which has reached more than 45% by 2022.
So, itβs a good scope for Indian exporters and sellers to grab the Senegal market whether through offline channels or online selling platforms & marketplaces in Senegal.
Useful resources