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Senegal

US Revised Tariffs (%)

10

Ease of doing business

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Share of US Imports % (1 implies <1%)
US Tariff %
Revised Tariff %
Country Tariff Rate %
1
10
10
8.4
Exports (in USD Bill.) 2024
Imports (in USD Bill.) 2024
Balance (in USD Bill.) 2024
0.35
0.16
0.19

US Revised Tariffs

Country Tariffs

Balance of Trade

Commercial Guide

Learn about the market conditions, opportunities, regulations, and business conditions in countries, prepared by U.S. Embassies worldwide, Commerce Department, State Department and other U.S. agencies’ professionals

Tariff Rate for US

World Bank staff estimates using the World Integrated Trade Solution system, based on tariff data from the United Nations Conference on Trade and Development's Trade Analysis and Information System ( TRAINS ) database and global imports data from the United Nations Statistics Division's Comtrade database.

US Imports Guide 

United States Imports from Countries during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Countries- data, historical chart and statistics - was last updated on April of 2025.

Implications

"As of Sunday, April 20, 2025, here's an update on tariffs related to Senegal: General Tariff Structure of Senegal: Senegal applies a Common External Tariff (CET) as a member of the Economic Community of West African States (ECOWAS). This means they have a unified tariff system for goods coming from non-ECOWAS countries. The tariff rates generally fall into the following bands based on the nature of the goods:   0%: For essential social goods like certain medicines and capital goods. 5%: For basic raw materials and essential goods. 10%: For intermediate goods and some finished goods. 20%: For other finished goods, particularly those deemed less essential or competing with local industries. In addition to these customs duties (DD), other taxes and levies are typically applied to imports:   Statistical Import Charge (RS): 1% on the CIF value.   Community Solidarity Levy (PCS): 1% on the CIF value. ECOWAS Levy: 0.5% on the CIF value (only for products originating from non-ECOWAS countries).   Senegalese Shippers Council (COSEC) Royalty: 0.4% on the CIF value (only for sea imports). Customs Modernisation Program Levy: 1.5% on the CIF value (introduced in 2022). Value Added Tax (VAT): The standard VAT rate in Senegal is 18%, applicable to most commercial operations, including imports (calculated on the CIF value plus customs duties and other taxes). A reduced VAT rate of 10% applies to tourism activities.   Recent Changes or Specific Updates: As of my last update, there haven't been any major, sweeping changes to Senegal's overall tariff structure announced recently that would deviate significantly from the established ECOWAS CET. However, it's important to note the following: Implementation of AfCFTA: Senegal is a signatory and has ratified the African Continental Free Trade Area (AfCFTA) agreement. While the AfCFTA is in its operational phase, the full implementation of tariff liberalization (aiming for 90% tariff reduction on goods among member states over 5-13 years depending on the country's development level) is still ongoing and being negotiated. This will gradually impact tariffs on goods from other African countries that are also part of the AfCFTA.   U.S. - Senegal Trade: In 2024, the U.S. had a goods trade surplus with Senegal. Senegal is eligible for the African Growth and Opportunity Act (AGOA), which provides eligible sub-Saharan African countries with duty-free access to the U.S. market for certain goods. AGOA is set to expire in 2025, and discussions about its renewal or a successor program are ongoing, which could affect future tariff arrangements between the two countries.   Excise Taxes: Senegal levies excise taxes on specific goods like beverages (alcoholic and non-alcoholic), tobacco, coffee, tea, private cars, cosmetic products, oil products, and plastic bags. The rates vary significantly depending on the product.   Import Regulations: Senegal has specific import regulations and requires documentation such as commercial invoices, freight bills, certificates of origin, packing lists, and potentially import authorizations depending on the goods. A Pre-Arrival Declaration (DPI) is also required.   How to Find the Most Up-to-Date Information: For the most precise and current tariff rates for specific goods, it is recommended to consult the official sources: Senegalese Customs Authority (Douanes sénégalaises): Their website (https://www.douanes.sn/) is the primary source for tariff schedules and import regulations. World Trade Organization (WTO): The WTO provides trade profiles and data for its member countries, including Senegal.   UNCTAD TRAINS Database: This database contains detailed tariff information. World Bank's WITS (World Integrated Trade Solution): This platform provides access to tariff and trade data.   Keep in mind that tariff rates can be product-specific based on the Harmonized System (HS) code. Therefore, when looking for tariff information, you will typically need the HS code of the product you are interested in."

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Investing in USA

theboardiQ Economic Relevance Score, ranks States of USA based on 11 parameters

Sources : ForbesUSDA Economic Research | TCGen Total Innovation Rank Index | Best States for Manufacturing | World Population Review | Tax Foundation | US News | BEA Data | Wikipedia International Trade Administration

theboardiQ's Economic Relevance Score provides a comprehensive, data-driven assessment of a nation's economic vitality and global significance. This score is meticulously calculated using 11 key parameters, each reflecting a critical facet of economic performance. It analyzes the representation of Fortune 500 companies within a nation, a strong indicator of its business environment and market size. The balance of trade surplus or deficit reveals the nation's international competitiveness and export strength. It incorporates Gross Domestic Product (GDP), a fundamental measure of overall economic output, and examine the health of key sectors like agriculture and manufacturing. The score also accounts for innovation, gauging a nation's ability to drive future growth through technological advancements. Crucial labor market indicators such as employment rates are considered, alongside fiscal policies reflected in tax rates. To capture the lived experience of citizens, it assesses cost of living and disposable income, providing insight into purchasing power and economic well-being. Finally, education levels are integrated, recognizing their pivotal role in fostering a skilled workforce and driving long-term economic development. By synthesizing these 11 parameters, theboardiQ's Economic Relevance Score delivers a nuanced and holistic view of a nation's economic standing, enabling informed strategic decisions. The Top 5 States in the assessment are Texas, North Carolina, Virginia, Florida and Washington. Texas does consistently well across most of the 11 variables especially in the areas of GDP, F500 representation in the State, Balance of Trade where it ranks 2nd nationally. North Carolina scores as the highest-ranking state nationally in manufacturing and performs consistently across the other variables. Virginia does well in disposable income where it ranks 3rd nationally. It also scores high in the variables of manufacturing and employment Florida holds the 4th ranking nationally for GDP and Tax Washington State scores the top spot for disposable income nationally, 2nd for education and 3rd for innovation. Colorado, with an overall rank of 7 scores the top spot for Education (schools and higher education). Nebraska, that ranked 10th overall, did well in Agriculture where it is ranked 3rd nationally as well as Trade Balance where it ranked 5th. Illinois, though ranked 20th overall did well nationally in F500 representation, GDP, Agriculture, and Disposable Income. Pennsylvania comes in at 21 overall doing well nationally in GDP (6th); Manufacturing (8th) and F500 representation (8th) New York scores 23rd overall with a 2 ranking in Disposable Income nationally, as well as 3rd in both F500 representation and GDP. California comes in at 29th overall and has the top spot ranking in a whopping 4 variables nationally – GDP, Innovation, Agriculture and F500 representation. However, performance in the areas of Trade Balance, Cost of Living, Tax, Manufacturing and Employment resulted in the overall ranking dipping. Wyoming at 30th overall scores the top spot nationally in the area of Tax Massachusetts at 31 overall does well in innovation where it is ranked 2nd nationally Arkansas at 36 and Alabama at 39, do well in overall Cost of Living where they are ranked 2nd and 3rd nationally, respectively. Louisiana ranked 44th overall is ranked 1st in Trade Balance nationally.

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