Senegal is a West African country with a stable political situation, open trade policies, and the Dakar seaport as a transit point for goods for landlocked countries in the subregion. Due to the constant threat of drought, Senegal's food production only meets about 20% of domestic demand. Each year, the country still has to import from 800,000 to 1 million tons of rice, of which more than 90% is broken rice. This is also a country that supplies a number of important input materials such as raw cashew nuts, cotton, animal feed, and seafood. According to data from the General Department of Vietnam Customs, in 2023, trade between Vietnam and Senegal will reach 107.46 million USD, an increase of 52.4% compared to 2022, of which our country's export turnover to this market will reach 37.8 million USD, mainly agricultural products and food. In the first 9 months of 2024, Vietnam's export value to Senegal reached 26.5 million USD, including pepper (turnover of 9.5 million USD), vegetables and fruits (3.34 million USD), rice (1.24 million USD), confectionery and cereal products (1.6 million USD), seafood (851,074 USD), other goods (9.95 million USD).

Vietnam's import turnover from Senegal in 2023 reached 69.66 million USD, of which raw cashew nuts accounted for 60.77 million USD, animal feed 5.15 million USD, seafood 2.24 million USD, seeds, oil fruits 609,000 USD, cotton 474,000 USD, etc.

The Vietnam Trade Office in Algeria respectfully invites businesses interested in the Senegal market to register to attend the Conference. Information including company name, copy of business registration certificate, address, field of operation, specific import-export needs, participants and send to the Trade Office's email address dz@moit.gov.vn. Registration deadline: No later than Monday, November 20, 2024. The Trade Office will provide the access link and password before the event takes place.

Source: Vietnam Trade Office in Algeria.