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

The trade deficit in Senegal widened to CFA 217.3 billion in October of 2017 from CFA 178.7 billion in the same month a year earlier. Imports increased 22.6 percent to CFA 329.3 billion, mainly due to energy and lubricants (46.0 percent); food, beverages and tobacco (38.5 percent) and animal and vegetable products (47.4 percent). Imports came mostly from France (14.2 percent of total imports), China (13.8 percent), Nigeria (10.4 percent) and India (7.1 percent). Meantime, exports advanced 24.5 percent from the previous year to CFA 112.0 billion, led by mineral products (50.6 percent); food, beverages and tobacco (41.6 percent) and energy and lubricants (31.3 percent). Main export partners were: Mali (14.9 percent of total exports), Switzerland (10.1 percent), United Arab Emirates (7.9 percent) and Gambia (5.2 percent). Considering the first ten months of the year the trade deficit widened to CFA 1650.1 billion from CFA 1307.9 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
2017-11-15 09:45 AM Balance of Trade CFA -184.4B CFA -230.9B
2017-12-26 12:00 PM Balance of Trade CFA -217.3B CFA -184.4B
2018-01-16 08:35 AM Balance of Trade CFA -189.5B CFA -217.3B CFA -240B
2018-02-14 10:50 AM Balance of Trade CFA -189.5B CFA -167.8B
2018-03-05 11:10 AM Balance of Trade CFA -153.2B
2018-05-15 12:30 PM Balance of Trade CFA -142.1B

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -189.50 -217.30 -27.93 -234.40 CFA Franc Billion [+]
Exports 110.10 112.00 164.90 53.19 CFA Franc Billion [+]
Imports 299.60 329.30 524.40 114.49 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 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 January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-189.50 -217.30 -27.93 -234.40 2009 - 2017 CFA Franc Billion Monthly

balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4953.35 Oct/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 5157.00 Oct/17
Russia 9832.00 Oct/17
South Korea 5783.00 Dec/17
Spain -2511365.00 Oct/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17