As a least-developed country (LDC), Senegal is a beneficiary of the EU's "Everything but Arms" (EBA) arrangement. The World Bank classifies Senegal as a lower middle-income economy with a per-capita income of $1,955 in 2025. Total EU imports from Senegal amounted to a record-breaking €2.4 billion in 2025, and preferential imports to €337 million.
The EBA arrangement covers all LDCs as classified by the United Nations. This arrangement enables duty-free and quota-free access for all products originating in LDCs except for arms and ammunition. Unlike beneficiaries of the Standard GSP and GSP+, LDCs are not excluded from the scheme if they benefit from other preferential arrangements or agreements with the EU.
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In 2020, Senegal launched its first round for offshore oil and gas licenses. The production was announced to begin in 2022, but has been pushed; the first gas started to flow in 2024. Economic growth has picked up and reached 6.7% in 2025.
Senegal’s main export articles are mineral fuels and gold, followed by fish, crustaceans, and molluscs. Senegal also exports cement and different ores (titanium, niobium, tantalum, etc.).
The EU is by far the most important trading partner for Senegal, accounting for 32% of total exports in 2025, followed by China (10%), Mali (8%), and India (6%). The EU and Mali are the most important export destinations for Senegalese products. 32% of imports originate from the EU, followed by China (13%) and Russia (10%).
The Senegalese economy, traditionally dependent on the cultivation of peanuts, managed to diversify into other areas of economic activity, including cotton, sugar cane and fish as well as mineral exploitation. The industrial sector is comparatively well developed and centres around the processing of food and handicrafts.
In 2025, 14% of EU imports from Senegal made use of the preferential markets access granted by the EBA - most imports are duty-free under the normal tariff regime. The preference utilisation rate, which represents the ratio of preferential imports to GSP eligible imports, stood at 94%.
Total trade with the EU amounted to €5.5 billion in 2025. The EU is Senegal's most important trading partner, accounting for a share of 32% - both exports and imports.
Share of Senegal's exports to the EU that were eligible for EBA preferences in 2025.
Senegal's preference utilisation rate in 2025.
Share of zero-duty imports from Senegal in 2025. Most imports are duty-free under normal EU tariffs.
EBA preference-eligible imports have been volatile but the trend since 2023 has been positive; and Senegal remains among the 10 most important EBA beneficiary countries. Senegal also belongs to the group of beneficiaries that take the highest advantage of the preferences granted by the GSP across all three arrangements. Preference utilisation rates are usually well above 90% - 94% in 2025. For most agricultural product sections, they are above 95% but substantially lower for headgear and machinery.
Although a large majority of preferential imports from Senegal is accounted for by two product groups, fish and crustaceans as well as fruit and vegetables, the product portfolio is fairly diversified. In 2025, preferential imports took place in 25 GSP product sections (out of a total of 35), and preferences were used even by small-scale exports.
As a beneficiary of the EBA, Senegal is not required to ratify any conventions to be able to benefit from preferential access to the EU market. Nonetheless, the country has ratified all 27 international conventions listed in the GSP Regulation on human and labour rights, environmental protection and good governance.
Access all info about EU-Senegal relations on the International Partnerships website.