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

The trade deficit in Senegal increased to CFA 204.3 billion in June of 2017 from a CFA 151.6 billion shortfall a year earlier. Exports increased 10.6 percent to CFA 131.7 billion, mainly boosted by sales of food, beverages and tobacco (16. 1 percent), namely fresh fish and crustaceans; mineral products (12.5 percent) and industrial products (757.6 percent). Main export partners were: Mali (17.7 percent of total sales); Switzerland (12.1 percent); India (8.6 percent); Ivory Coast (7.6 percent). Imports advanced at a faster 24.1 percent to CFA 335.9 billion, led by purchases of food, beverages and tobacco (16.1 percent), industrial products (33 percent) and energy and lubricants (62.1 percent). Imports came mostly from: Nigeria (17.7 percent of total purchases); France (13.7 percent), China (8 percent) and India (7.1 percent). Balance of Trade in Senegal averaged -131.02 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
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Calendar GMT Actual Previous Consensus TEForecast
2017-06-15 01:40 PM Balance of Trade CFA -135.9B CFA -149.2B
2017-07-11 09:25 AM Balance of Trade CFA -165.8B CFA -135.9B
2017-08-14 01:30 PM Balance of Trade CFA -204.3B CFA -165.8B
2017-09-20 02:00 PM Balance of Trade CFA -204.3B
2017-10-13 02:00 PM Balance of Trade
2017-11-15 02:00 PM Balance of Trade

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -204.30 -165.80 -27.93 -234.40 CFA Franc Billion [+]
Exports 131.70 149.80 164.90 53.19 CFA Franc Billion [+]
Imports 335.95 315.58 524.40 114.49 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 -238.00 -497.70 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 Notes

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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-204.30 -165.80 -27.93 -234.40 2009 - 2017 CFA Franc Billion Monthly

balance of trade by Country

Australia 460.00 Jul/17
Brazil 5599.00 Aug/17
Canada -3040.40 Jul/17
China 419.92 Aug/17
Euro Area 23156.00 Jul/17
France -5968.00 Jul/17
Germany 19500.00 Jul/17
India -11643.96 Aug/17
Indonesia 1722.60 Aug/17
Italy 6560.39 Jul/17
Japan 113.60 Aug/17
Mexico -1522.60 Jul/17
Netherlands 4711.00 Jul/17
Russia 3970.00 Jul/17
South Korea 7013.00 Aug/17
Spain -1259000.00 Jun/17
Switzerland 3511.05 Jul/17
Turkey -8842.94 Jul/17
United Kingdom -2872.00 Jul/17
United States -43689.00 Jul/17