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

Senegal’s trade deficit increased to CFA 156.5 billion in April of 2018 from CFA 135.9 billion in the same month a year earlier. Exports dropped 6.8 percent year-on-year to CFA 113.0 billion, mainly due to semi-products (-10.2 percent); consumption products (-4 percent) and energy and lubricants (-51.3 percent). The most important export partners were: Switzerland (17.8 percent of total exports), Mali (14.1 percent), United Arab Emirates (6.7 percent), Ivory Coast (5.5 percent) and India (5.3 percent). Meantime, imports rose 4.8 percent to CFA 269.5 billion, boosted by semi-products (23.7 percent); food, beverages and tobacco (0.8 percent) and energy and lubricants (38.5 percent). Main import partners were: France (17.5 percent of total imports), China (10.8 percent), Belgium (4.8 percent), India (4.7 percent) and Turkey (4.7 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
2018-04-10 02:50 PM Balance of Trade CFA -163.7B CFA -236.9B CFA -201.2B
2018-05-15 10:40 AM Balance of Trade CFA -157.9B CFA -163.7B CFA -192B
2018-06-14 09:50 AM Balance of Trade CFA -156.5B CFA -157.9B CFA -203.3B
2018-07-11 09:25 AM Balance of Trade CFA -156.5B CFA -205.7B
2018-08-14 01:30 PM Balance of Trade CFA -185.5B
2018-10-05 11:45 AM Balance of Trade CFA -192.9B

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -156.50 -157.90 -27.93 -236.90 CFA Franc Billion [+]
Exports 113.00 142.50 164.90 53.19 CFA Franc Billion [+]
Imports 269.50 300.40 524.40 114.49 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 -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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-156.50 -157.90 -27.93 -236.90 2009 - 2018 CFA Franc Billion Monthly

balance of trade by Country
Country Last
Australia 977.00 Apr/18
Brazil 5981.00 May/18
Canada -1902.20 Apr/18
China 249.22 May/18
Euro Area 16704.70 Apr/18
France -4954.00 Apr/18
Germany 20413.00 Apr/18
India -14620.00 May/18
Indonesia -1629.30 Apr/18
Italy 2937.96 Apr/18
Japan -578.32 May/18
Mexico -289.15 Apr/18
Netherlands 3841.00 Apr/18
Russia 15316.00 Apr/18
South Korea 6732.00 May/18
Spain -830631.00 Mar/18
Switzerland 2255.00 May/18
Turkey -6690.00 Apr/18
United Kingdom -5280.00 Apr/18
United States -46199.00 Apr/18