# Senegal to Italy HS 270900 new corridor signal

This page reviews a reported new-corridor signal for oils: petroleum oils and oils obtained from bituminous minerals, crude. It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 100/100
- Reported period: 2024
- Buyer market imports: $38.9B
- Buyer market growth: -12.8%
- Current exporter share: 0.2%
- Share gap: 28.5%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $38.9B
- Three-year buyer-import projection: $45.4B
- Supplier countries observed: 45
- Average buyer imports: $35.5B
- Historical buyer-import peak: $82.4B
- Full-history buyer-import CAGR: +5.3%
- Latest buyer-import annual change: -12.8%

## Competition landscape

- Top supplier: Kazakhstan
- Top supplier share: 28.7%
- Market concentration: 1,531
- Exporter share: 0.2%
- Share gap to peer benchmark: 28.5%

## Access profile

- Applied tariff: 1.2%
- MFN tariff: 5.9%
- Preferential tariff: 0.9%
- Approximate distance: 4,179 km
- Trade agreement: Not reported
- Business entry time: 11 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $35.6K
- GDP per-person growth: -5.4%
- Population: 59,066k
- GDP: $2.1T
- GDP five-year CAGR: +3.3%
- Investment rate: 21.3%
- Savings rate: 22.5%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $67.6M | +0.0% |

## Broader route context

Broader Senegal to Italy route exports provide route context only; they are not presented as HS 270900 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $70.4M | +0.0% |
| 1996 | $66.5M | -5.6% |
| 1997 | $50.3M | -24.4% |
| 1998 | $68.4M | +36.0% |
| 1999 | $91.9M | +34.4% |
| 2000 | $68.2M | -25.7% |
| 2001 | $73.7M | +8.0% |
| 2002 | $79.9M | +8.4% |
| 2003 | $105.1M | +31.6% |
| 2004 | $86.3M | -17.9% |
| 2005 | $66.3M | -23.2% |
| 2006 | $91.4M | +37.8% |
| 2007 | $98.7M | +7.9% |
| 2008 | $108.6M | +10.0% |
| 2009 | $64.8M | -40.3% |
| 2010 | $65.9M | +1.8% |
| 2011 | $108.6M | +64.6% |
| 2012 | $79.4M | -26.9% |
| 2013 | $63.6M | -19.9% |
| 2014 | $77.5M | +22.0% |
| 2015 | $83.0M | +7.0% |
| 2016 | $66.3M | -20.1% |
| 2017 | $77.0M | +16.2% |
| 2018 | $104.4M | +35.6% |
| 2019 | $100.8M | -3.5% |
| 2020 | $49.6M | -50.8% |
| 2021 | $97.7M | +97.0% |
| 2022 | $94.0M | -3.8% |
| 2023 | $69.5M | -26.1% |
| 2024 | $142.7M | +105.3% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Senegal to CHN | HS 270900 | New corridor | $291.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-chn-270900) |
| Senegal to Malaysia | HS 854231 | New corridor | $21.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-mys-854231) |
| Senegal to SGP | HS 271012 | New corridor | $20.6B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-sgp-271012) |
| Senegal to Thailand | HS 710812 | New corridor | $14.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-tha-710812) |
| Senegal to CHN | HS 854140 | New corridor | $6.0B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-chn-854140) |
| Senegal to USA, Puerto Rico and US Virgin Islands | HS 611030 | New corridor | $5.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-usa-611030) |
| Senegal to Austria | HS 300212 | New corridor | $3.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-aut-300212) |
| Senegal to CHN | HS 100590 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/sen-chn-100590) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.