Key Market Indicators
Senegal's truck import market is projected to climb to approximately $144 million by 2028, up from around $129 million in 2023. This represents an average annual growth rate of 1.8%. However, historical data since 2001 shows a slight decline of 0.1% per year in demand. On the export front, Senegal's truck exports are expected to reach roughly $17 million by 2028, up from about $15 million in 2023, growing at an average annual rate of 2%. Since 2001, the country's truck export supply has surged by 17.6% each year. In 2023, Senegal ranked 53rd in truck exports, with Malaysia surpassing it with the same export value of $15 million. Leading the global ranking are the United States, Germany, and France, occupying the second, third, and fourth spots respectively.
