Senegal recorded a trade deficit of 179.80 CFA Franc Billion in February of 2020. Balance of Trade in Senegal averaged -140.07 CFA Franc Billion from 2009 until 2020, reaching an all time high of -27.93 CFA Franc Billion in February of 2011 and a record low of -236.90 CFA Franc Billion in January of 2018.

Balance of Trade in Senegal is expected to be -194.45 CFA Franc Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Senegal to stand at -195.46 in 12 months time. In the long-term, the Senegal Balance of Trade is projected to trend around -195.60 CFA Franc Billion in 2020, according to our econometric models.

Senegal Balance of Trade
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-30 03:10 PM Balance of Trade CFA-155.7B CFA-235.6B CFA -220.0B
2019-02-21 01:55 PM Balance of Trade CFA-199.3B CFA-155.7B CFA -170B
2019-03-18 03:30 PM Balance of Trade CFA -123.6B CFA-199.3B CFA-250B
2019-04-10 01:20 PM Balance of Trade CFA -179.8B CFA -123.6B CFA-140B
2019-05-15 10:40 AM Balance of Trade CFA -179.8B CFA -160B
2019-06-14 09:50 AM Balance of Trade CFA -150B
2019-07-11 09:20 AM Balance of Trade

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -179.80 -123.60 -27.93 -236.90 CFA Franc Billion [+]
Current Account -708.00 -498.00 -81.70 -843.70 XOF Billion [+]
Current Account to GDP -5.30 -7.10 -5.00 -20.10 percent [+]
Exports 171.10 180.90 180.90 53.19 CFA Franc Billion [+]
Imports 350.90 304.50 524.40 114.49 CFA Franc Billion [+]
Capital Flows -719.50 -1.50 1851.70 -719.50 XOF Billion [+]
Terms Of Trade 121.50 123.90 141.90 -550.00 Index Points [+]
Terrorism Index 1.01 1.80 3.88 0.04 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

Senegal Balance of Trade

Senegal’s growing mineral production has not been able yet to reverse a systemic trade deficit. Senegal is a net exporter of oil, phosphate, gold and fish. However, the country is dependent on the import of fuels, foodstuffs and capital equipment. Senegal’s main trading partners are: Cote d’Ivoire, Mali, France and the United States.. This page provides - Senegal Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal Balance of Trade - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-179.80 -123.60 -27.93 -236.90 2009 - 2020 CFA Franc Billion Monthly

Country Last Previous
Argentina 460.00 Feb/19
Australia 4801.00 Feb/19
Brazil 4990.00 Mar/19
Canada -2894.80 Feb/19
China 326.71 Mar/19
Euro Area 17938.00 Feb/19
France -4002.00 Feb/19
Germany 17900.00 Feb/19
India -10890.00 Mar/19
Indonesia 540.20 Mar/19
Italy 3267.83 Feb/19
Japan 528.50 Mar/19
Mexico 1222.00 Feb/19
Netherlands 5130.00 Feb/19
Russia 15671.00 Feb/19
Saudi Arabia 180059.00 Dec/18
Singapore 3615.50 Mar/19
South Africa 3990.00 Feb/19
South Korea 5222.00 Mar/19
Spain -2627773.00 Feb/19
Switzerland 2494.00 Mar/19
Turkey -2134.33 Feb/19
United Kingdom -4860.00 Feb/19
United States -49382.00 Feb/19