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

Senegal's trade deficit narrowed to CFA 185.5 billion in June of 2018 from CFA 204.2 billion in the same month a year earlier. Exports edged up 13.7 percent year-on-year to CFA 149.7 billion, boosted by higher sales of food, beverages and tobacco (18.0 percent); industrial goods (83.4 percent); other semi-products (1.2 percent) and animal and vegetables raw materials (69.4 percent). Main export partners were: Switzerland (23.4 percent of total exports), Mali (11.3 percent), India (11.0 percent), Ivory Coast (5.9 percent) and Spain (4.0 percent). Meantime, imports fell 0.2 percent to CFA 335.2 billion, mainly due to lower purchases of food, beverages and tobacco (-7.6 percent); energy and lubricants (-23.5 percent); mineral raw materials (-15.9 percent) and animal and vegetables raw materials (-15.2 percent). The most important import partners were: France (15.9 percent of total imports), Nigeria (12.7 percent), China (11.7 percent), Ukraine (4.6 percent) and India (4.3 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
2018-06-14 09:50 AM Balance of Trade CFA -156.5B CFA -157.9B CFA -203.3B
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
2018-10-05 11:45 AM Balance of Trade CFA-185.5B CFA -192.9B
2018-10-16 09:00 AM Balance of Trade CFA -197.1B
2018-11-15 09:45 AM Balance of Trade CFA -184.4B

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -185.50 -187.30 -27.93 -236.90 CFA Franc Billion [+]
Exports 149.70 163.30 164.90 53.19 CFA Franc Billion [+]
Imports 335.20 350.60 524.40 114.49 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 126.30 120.00 141.90 -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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-185.50 -187.30 -27.93 -236.90 2009 - 2018 CFA Franc Billion Monthly

balance of trade by Country
Country Last
Australia 1873.00 Jun/18
Brazil 4227.00 Jul/18
Canada -625.50 Jun/18
China 280.50 Jul/18
Euro Area 22509.60 Jun/18
France -6248.00 Jun/18
Germany 21792.00 Jun/18
India -18020.00 Jul/18
Indonesia -2030.30 Jul/18
Italy 5071.00 Jun/18
Japan -231.21 Jul/18
Mexico -897.00 Jun/18
Netherlands 4813.00 Jun/18
Russia 15555.00 Jun/18
South Korea 7006.00 Jul/18
Spain -2153628.00 May/18
Switzerland 1308.99 Jun/18
Turkey -5496.69 Jun/18
United Kingdom -1861.00 Jun/18
United States -46348.00 Jun/18