A new bilateral trade agreement between the United States and Senegal has facilitated an increase in the export of immunological products (HS Code: 3002.11.00) from the US to Senegal, focusing on unmixed products not in retail packaging.
2023-10-15
Impact: This agreement is expected to increase US exports by 15% over the next year, strengthening trade ties and supporting Senegal's healthcare sector.
Senegal Imposes Temporary Import Restrictions on Immunological Goods
Senegal has introduced temporary restrictions on certain immunological products from the US to prioritize local production, affecting unmixed products under HS Code 3002.11.00.
2023-09-20
Impact: US exporters may face a 10% reduction in shipments to Senegal until the restrictions are lifted, prompting a need for alternative markets.
US Provides Aid in Immunological Products to Senegal
As part of a humanitarian aid package, the US donated a significant quantity of unmixed immunological products (HS Code: 3002.11.00) to Senegal to combat regional health crises.
2023-08-05
Impact: While not a commercial transaction, this aid strengthens diplomatic relations and may pave the way for future trade agreements in this sector.
Policy Updates
US-Senegal Trade Facilitation Agreement
The US and Senegal signed a trade facilitation agreement reducing tariffs by 5% on immunological products (HS Code: 3002.11.00), aiming to enhance market access for US exporters.
Date: 2023-10-10
Senegal's New Import Regulation on Health Products
Senegal updated its import regulations, requiring additional certification for unmixed immunological products to ensure quality control, impacting US exporters with compliance costs.
