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EIQ

Trade corridors

Cabo Verde and Senegal

What moves each way, the scams to watch for, and what to check before you trade.

Cabo Verde sells, 2023
$142k
-95.7% a year
Cabo Verde buys, 2024
$13.5m
+34.7% a year
Listed in Senegal
0
buyers, 4 suppliers
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Trade safely with Senegal

The scams, documents and rules that matter on this corridor. Written and reviewed by our team, and dated.

Checks that apply to any deal on this corridor

Corridor-specific scam patterns and rules are still being reviewed by our team and will appear here once published.

  • Confirm the company exists in an official register and that its name matches the one on the invoice.
  • Before paying into a new or changed bank account, phone the company on a number you already hold, not one from the invoice or email.
  • Test the container number, ship number, ports and dates on the bill of lading with the Document checker.
  • Be wary of paying in advance for goods you have not seen, or of fees demanded to release a shipment.
  • Ask the carrier directly to confirm the shipment exists and where it is.
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Companies in Senegal
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In short

In 2023, Cabo Verde sold Senegal about $142 thousand of goods. The biggest products were vehicles, public transport passenger type, containers and motor cars and other motor vehicles, which together make up 78% of the total. More than half of this trade is one product (vehicles, public transport passenger type), so it leans heavily on that one line. The total has fallen by about 96% a year since 2022. Among the leading products, containers is growing fastest, at about 88% a year.

In 2024, Cabo Verde bought about $13.5 million of goods from Senegal. The biggest products were petroleum oils and oils from bituminous…, cigars, cheroots, cigarillos and cigarettes and waters, including mineral and aerated waters, which together make up 58% of the total. The total has grown by about 35% a year since 2022. Among the leading products, petroleum oils and oils from bituminous… is growing fastest, at about 11,759% a year.

Trade by year

Total trade each year, as reported in the tables below. A missing bar means no report for that year, not zero trade.

Cabo Verde sells to Senegal Cabo Verde buys from Senegal
$0 $10m $20m 2022 $3.3m $7.5m 2023 $142k $5.4m 2024 $13.5m
View as a table
Year Cabo Verde sells to Senegal Cabo Verde buys from Senegal
2022 $3.3m $7.5m
2023 $142k $5.4m
2024 not reported $13.5m

What Cabo Verde sells to Senegal

Ranked by value in 2023, by 4-digit product code. Growth is the yearly rate since 2022.

Product Value Share Growth
Vehicles (public transport passenger type) Product code 8702 · Vehicles $82k 57.7% n/a
Containers ((including containers for transport of fluids) specially designed and equipped for carriage by one… Product code 8609 · Railway equipment $20k 13.8% +88.2% a year
Motor cars and other motor vehicles (principally designed for the transport of persons (other than those of he… Product code 8703 · Vehicles $10k 6.9% n/a
7 more products are in the full list. Create a free account to see them, or sign in.

Biggest product groups: Vehicles (65%), Railway equipment (14%), Machinery (11%), Electrical equipment (8%), Wood (1%) .

What Cabo Verde buys from Senegal

Ranked by value in 2024, by 4-digit product code. Growth is the yearly rate since 2022.

Product Value Share Growth
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by… Product code 2710 · Fuels and oils $6.0m Senegal reports none 44.3% +11,759.2% a year
Cigars, cheroots, cigarillos and cigarettes (of tobacco or of tobacco substitutes) Product code 2402 · Tobacco $906k 6.7% -23.6% a year
Waters, including mineral and aerated waters, containing added sugar or sweetening matter, flavoured (other no… Product code 2202 · Beverages and spirits $893k 6.6% +80.1% a year
7 more products are in the full list. Create a free account to see them, or sign in.

Biggest product groups: Fuels and oils (44%), Electrical equipment (8%), Beverages and spirits (7%), Tobacco (7%), Machinery (5%) .

Where the opportunities are

Products that are moving on this corridor. Only products of a meaningful size are listed. Treat these as leads to check, not promises: a fast rise can reverse.

Growing fastest: Cabo Verde buys from Senegal
Wood sawn or chipped lengthwise, sliced or peeled, whether or not planed, sanded or finger-jointed, of a thick…
$309k in 2024 · up about 100% a year · $77k in 2022
New or much bigger: Cabo Verde buys from Senegal
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by…
$6.0m in 2024 · was $426 in 2022

Room to grow

Products that a market buys a lot of, where this corridor supplies only a small part. Shares are for the latest year both sides reported. A small share can also mean a hard market, so check the rules and the buyer first.

Cabo Verde buys a lot of these. Senegal supplies little.
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by…
Senegal exports $1.3bn of this to the world (2024). Cabo Verde bought 0.5% of that from it. Cabo Verde imports $121.8m of this from the world.
See the full picture for Cabo Verde and Senegal

A free account shows the complete product lists, every fast-growing and new product, and the markets where this corridor supplies little. Accounts are checked by hand, so use your business email.

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How to read these figures

Value is what was traded in the year, in US dollars. A big number means a big market, not necessarily an easy one to enter.

Share is that product's part of the total in the table above. A product with a large share is what this corridor already trades most of.

Growth is the average yearly change since the first year shown. A green figure means trade in that product is rising.

Product code is the international customs code (HS) for the product group. Your customs agent and the guide below will ask for it, and it decides the duty you pay.

These are totals reported by customs authorities, not prices or orders. Use them to see where demand exists, then check the rules and the company you plan to deal with.

Before you pay
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Check who you deal with
Companies in Senegal
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Freight forwarders, customs brokers and more
Other markets
Market finder by product

Trade figures are what each country reported to the UN (Comtrade), in US dollars. Imports are usually reported including freight and insurance, exports without, so the two sides of a corridor will not match exactly. Company counts are companies listed on ExporterIQ.