Senegal Balance of Trade  2009-2018 | Data | Chart | Calendar | Forecast

Senegal’s trade deficit widened to CFA 236.9 billion in January of 2018 from CFA 149.5 billion in the same month a year earlier. Imports increased 30.0 percent to CFA 358.7 billion, boosted by food, beverages and tobacco (33.8 percent); other products (31.9 percent) and energy and lubricants (25.9 percent). The most important import partners were: France (12.9 percent of total imports), China (12.5 percent), Nigeria (10.9 percent) and India (10.6 percent). Meanwhile, exports declined 3.7 percent from the prior year to CFA 121.8 billion, mostly due to raw animals and vegetables products (-88.8 percent) and energy and lubricants (-25.4 percent). Main export partners were: Mali (15.0 percent of total exports), Switzerland (12.9 percent), India (8.9 percent), Ivory Coast (5.2 percent) and France (4.0 percent). Balance of Trade in Senegal averaged -135.55 CFA Franc Billion from 2009 until 2018, 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.

Senegal Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2018-01-16 08:35 AM Balance of Trade CFA -189.5B CFA -217.3B CFA -240B
2018-02-13 10:15 AM Balance of Trade CFA -210.5B CFA -189.5B CFA -160.0B
2018-03-14 04:00 PM Balance of Trade CFA -236.9B CFA -210.5B CFA -190.1B
2018-05-15 12:30 PM Balance of Trade CFA -201.2B
2018-05-15 12:30 PM Balance of Trade CFA -236.9B CFA -227.4B
2018-06-15 01:40 PM Balance of Trade CFA -203.3B

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -236.90 -210.50 -27.93 -236.90 CFA Franc Billion [+]
Exports 121.80 101.50 164.90 53.19 CFA Franc Billion [+]
Imports 358.70 312.10 524.40 114.49 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 -1.50 -238.00 1851.70 -535.60 XOF Billion [+]
Terrorism Index 1.80 2.60 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 March of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-236.90 -210.50 -27.93 -236.90 2009 - 2018 CFA Franc Billion Monthly

balance of trade by Country
Country Last
Australia 1055.00 Jan/18
Brazil 4907.08 Feb/18
Canada -1910.00 Jan/18
China 337.40 Feb/18
Euro Area 3266.70 Jan/18
France -5560.00 Jan/18
Germany 17400.00 Jan/18
India -11979.21 Feb/18
Indonesia -116.00 Feb/18
Italy -87.35 Jan/18
Japan 3.41 Feb/18
Mexico -4408.00 Jan/18
Netherlands 3428.00 Jan/18
Russia 16991.00 Jan/18
South Korea 3300.00 Feb/18
Spain -2050000.00 Dec/17
Switzerland 3215.34 Feb/18
Turkey -9067.11 Jan/18
United Kingdom -3074.00 Jan/18
United States -56601.00 Jan/18