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

The trade deficit in Senegal increased to CFA 149.2 billion in March of 2017 from a CFA 94.8 billion gap a year earlier. Exports went up 14.7 percent year-on-year to CFA 164.9 billion, boosted by sales of food, drinks and tobacco (21.7 percent); other goods (19.2 percent) and energy and lubricants (119.8 percent). Imports increased at a faster 31.6 percent to CFA 314 billion mainly due to energy and lubricants (59.2 percent) and food, drinks and tobacco (13.1 percent). In March, main export partners were Mali (10.8 percent of total sales), Switzerland (10.7 percent), China (8.9 percent) and UAE (5.9 percent). Imports came mainly from France (15.4 percent), Nigeria (11.4 percent), China (8.4 percent), India (7.2 percent) and Spain (6 percent). Considering the first quarter of the year, the country's trade gap increased to CFA 369.5 billion from a CFA 281.6 billion gap a year earlier. Exports went up 11.5 percent while imports rose 19.7 percent. Balance of Trade in Senegal averaged -129.88 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 Reference Actual Previous Consensus Forecast (i)
2017-03-03 11:10 AM Jan CFA -149.5B CFA -96.9B
2017-05-15 12:30 PM Mar CFA -149.2B CFA -70.8B
2017-05-15 12:30 PM Feb CFA -70.8B CFA -149.5B
2017-06-15 02:00 PM Apr CFA -149.2B
2017-07-14 02:00 PM May
2017-08-14 02:00 PM Jun




Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -149.20 -70.80 -27.93 -234.40 CFA Franc Billion [+]
Exports 164.90 144.70 164.90 53.19 CFA Franc Billion [+]
Imports 314.00 215.50 524.40 114.49 CFA Franc Billion [+]
Current Account -499.30 -665.90 -81.70 -843.70 XOF Billion [+]
Current Account to GDP -8.10 -9.00 -4.50 -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 May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-149.20 -70.80 -27.93 -234.40 2009 - 2017 CFA Franc Billion Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico 616.79 Apr/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17