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

Senegal's trade deficit widened to CFA 212.4 billion in July of 2018 from CFA 141.9 billion in the same month a year earlier. It was the largest trade gap since January, as imports jumped 47 percent year-on-year to CFA 389.4 billion driven by higher purchases of energy and lubricants (317.3 percent); other semi-products (31.6 percent); consumption goods (28.8 percent) and industrial (21.1 percent). Main import partners were: France (13.7 percent of total imports), Nigeria (12 percent), China (9.7 percent), Turkey (6.7 percent) and Netherlands (5.8 percent). Meantime, exports increased 44 percent to CFA 177 billion, boosted by sales of food, beverages and tobacco (35.1 percent); other semi-products (46.2 percent); industrial goods (72.7 percent) and energy and lubricants (248.5 percent). The main export partners were: India (16.5 percent of total exports), Switzerland (11.1 percent), Mali (10.8 percent), Spain (6.9 percent) and Ghana (4.9 percent). Balance of Trade in Senegal averaged -136.58 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
2018-07-11 09:20 AM Balance of Trade CFA -187B CFA -149.8B CFA -205.7B
2018-08-09 01:15 PM Balance of Trade CFA-185.5B CFA -187B CFA -185.5B
2018-09-20 12:00 PM Balance of Trade CFA-212.4B CFA-185.5B CFA -192.9B
2018-10-26 11:00 AM Balance of Trade CFA-212.4B CFA -197.1B
2018-11-15 09:45 AM Balance of Trade CFA -192.3B
2018-12-14 02:00 PM Balance of Trade CFA -190.1B


Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -212.40 -185.50 -27.93 -236.90 CFA Franc Billion [+]
Exports 177.00 149.70 177.00 53.19 CFA Franc Billion [+]
Imports 389.40 335.20 524.40 114.49 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 [+]
Capital Flows -719.50 -1.50 1851.70 -719.50 XOF Billion [+]
Terms Of Trade 125.10 126.30 141.90 -550.00 Index Points [+]
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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-212.40 -185.50 -27.93 -236.90 2009 - 2018 CFA Franc Billion Monthly




balance of trade by Country
Country Last
Argentina 314.00 Sep/18
Australia 1604.00 Aug/18
Brazil 4971.00 Sep/18
Canada 526.10 Aug/18
China 316.93 Sep/18
Euro Area 11671.20 Aug/18
France -5632.00 Aug/18
Germany 17174.00 Aug/18
India -13980.00 Sep/18
Indonesia 227.10 Sep/18
Italy 2564.00 Aug/18
Japan 139.56 Sep/18
Mexico -2590.00 Aug/18
Netherlands 3463.00 Aug/18
Russia 15797.00 Aug/18
Saudi Arabia 162782.00 Jun/18
Singapore 3685.26 Sep/18
South Africa 8794.70 Aug/18
South Korea 9746.00 Sep/18
Spain -3057300.00 Aug/18
Switzerland 1447.00 Sep/18
Turkey -2421.79 Aug/18
United Kingdom -1274.00 Aug/18
United States -53237.00 Aug/18


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