Senegal Balance of Trade  2009-2017 | Data | Chart | Calendar | Forecast

The trade deficit in Senegal widened to CFA 184.4 billion in September of 2017 from CFA 168.7 billion in the same month a year earlier. Imports increased 11.09 percent to CFA 284.1 billion, mainly due to energy and lubricants (95.58 percent); industrial products (12.51 percent) and other products (11.17 percent). Imports came mostly from France (15.7 percent), China (13.5 percent) and Nigeria (10.5 percent). Meantime, exports advanced 14.63 percent from the previous year to CFA 99.7 billion, led by animal and vegetable products (78.04 percent); energy and lubricants (28.96 percent); mineral products (18.32 percent) and other products (17.55 percent). Main export partners were: Switzerland (13.3 percent of total exports), Mali (13 percent) and India (9.6 percent). In the first 9 months of the year the trade deficit widened to CFA 1432.8 billion from CFA 1129.2 billion in the same period of 2016. Balance of Trade in Senegal averaged -131.12 CFA Franc Billion from 2009 until 2017, reaching an all time high of -27.93 CFA Franc Billion in February of 2011 and a record low of -234.40 CFA Franc Billion in October of 2014.

Senegal Balance of Trade
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Calendar GMT Actual Previous Consensus TEForecast
2017-10-06 11:45 AM Balance of Trade CFA -141.9B CFA -204.2B
2017-10-16 09:00 AM Balance of Trade CFA -230.9B CFA -141.9B CFA -120B
2017-11-15 09:45 AM Balance of Trade CFA -184.4B CFA -230.9B
2017-12-15 02:00 PM Balance of Trade CFA -184.4B

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -184.40 -230.90 -27.93 -234.40 CFA Franc Billion [+]
Exports 99.70 101.40 164.90 53.19 CFA Franc Billion [+]
Imports 284.10 332.30 524.40 114.49 CFA Franc Billion [+]
Current Account -498.00 -558.70 -81.70 -843.70 XOF Billion [+]
Current Account to GDP -7.10 -7.40 -5.00 -20.10 percent [+]
Capital Flows -309.10 -447.00 1851.70 -535.60 XOF Billion [+]
Terrorism Index 2.60 3.47 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 November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-184.40 -230.90 -27.93 -234.40 2009 - 2017 CFA Franc Billion Monthly

balance of trade by Country
Country Last
Australia 1745.00 Sep/17
Brazil 5201.00 Oct/17
Canada -3179.70 Sep/17
China 381.74 Oct/17
Euro Area 26364.90 Sep/17
France -4669.00 Sep/17
Germany 24100.00 Sep/17
India -14018.80 Oct/17
Indonesia 895.00 Oct/17
Italy 3989.78 Sep/17
Japan 670.17 Sep/17
Mexico -1886.40 Sep/17
Netherlands 6258.00 Sep/17
Russia 10222.00 Sep/17
South Korea 7300.00 Oct/17
Spain -3226685.00 Aug/17
Switzerland 2917.62 Sep/17
Turkey -8134.57 Sep/17
United Kingdom -2754.00 Sep/17
United States -43495.00 Sep/17