Trade Facilitation

Description

According to the World Bank Logistics Performance Index (2012) which measures countries’ trade logistics efficiency, Senegal was ranked 110th out of 155 countries. The country performs overall above the regional average but below its income group averages. Its indicators in international shipments and customs stand out from the comparable, whereas those in tracking and tracing as well as timelines are found to lag behind. In terms of international shipments, it needs 6 documents and USD 1,225 to export a standard container of goods; and 5 documents and USD 1,740 to import the same container. This means that it requires less documents and costs to trade in Senegal than the regional average (8 documents and USD 2,108 for export; and 9 documents and USD 2,793 for import). The World Bank Doing Business Report (2013) has also reported several reforms taking place in Senegal. For instance, Senegal made trading across borders less costly by opening the market for transport, therefore increasing competition. Moreover, automized cust improvements were made to the Port of Dakar decreasing the time to move containers, this combined with expansion in the number of agencies in the network of facilitating trade agencies has contributed to the higher average score in international shipments for Senegal. The OECD Trade Facilitation Indicators reinforces the overall better performance of Senegal than the sub-Saharan African average in terms of trade facilitation, with only internal border agency cooperation slightly lagging behind the average

Logistics Performance Index (LPI): Country Comparison
Source: World Bank, Logistics Performance Index (LPI)

Note: Source: World Bank, 2012

Logistics Performance Index – Evolution
Source: World Bank, Logistics Performance Index (LPI)

Note: Source: World Bank, 2012