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- (-) November 2022
- (-) Senegal
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Export prices increased 2 percent as foreign buyers continued seeking Thai rice.
The fisheries sector contributes to 3.2 percent to Senegal’s gross domestic product (GDP), accounts for 10.2 percent of Senegal exports, and generated $400 million in value in 2021. There is a growing demand for high quality fish and seafood products because overfishing and illegal, unreported, and unregulated (IUU) fishing have led to depleted fish stocks, creating market access opportunities for U.S. seafood exporters.
Export prices increased 2 percent due to the rapid strengthening of the Thai baht.
The Thai Cabinet has approved the draft Biodiversity Law in principle. The draft is in the legislative process and currently with the Council of State for review and approval on text. The Thai Food and Drug Administration finally published its two...
Export prices remain unchanged as the strengthening of the Thai baht offset reduced domestic prices.
This is a regional report on West Africa that primarily covers Senegal, Burkina Faso, and Mali, but also provides brief overviews in certain sections for Niger, The Gambia, Guinea, Guinea-Bissau, and Mauritania. Senegal and Mauritania passed new biosafety laws on June 14, 2022, and August 4, 2022, respectively.
FY2022 agricultural exports reach record levels.
Export prices increased one percent due to the strengthening of the Thai baht and strong export demand.
FAS/Bangkok (Post) revised down MY2022/23 rice production slightly to 19.9 MMT due to flood damage on main-crop rice production. MY2022/23 corn production and imports, as well as wheat imports, remain unchanged from the previous forecast.