Senegal recorded a trade deficit of 259.80 CFA Franc Billion in July of 2019. Balance of Trade in Senegal averaged -141.70 CFA Franc Billion from 2009 until 2019, reaching an all time high of -27.93 CFA Franc Billion in February of 2011 and a record low of -259.80 CFA Franc Billion in July of 2019.

Balance of Trade in Senegal is expected to be -240.00 CFA Franc Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Senegal to stand at -170.00 in 12 months time. In the long-term, the Senegal Balance of Trade is projected to trend around -185.00 CFA Franc Billion in 2020, according to our econometric models.

Senegal Balance of Trade
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-06-12 01:30 PM Balance of Trade Apr CFA -164.3B CFA -106.8B CFA -150B
2019-07-04 03:35 PM Balance of Trade May CFA -228.2B CFA -164.3B CFA -180B
2019-08-12 01:30 PM Balance of Trade Jun CFA -148.1M CFA -228.2B CFA -175.8B
2019-09-11 10:35 AM Balance of Trade Jul CFA -259.8M CFA -148.1M CFA -160B
2019-10-13 01:30 PM Balance of Trade Aug CFA -259.8M CFA -150B
2019-11-12 12:00 PM Balance of Trade Sep CFA -242B
2019-12-13 02:00 PM Balance of Trade Oct CFA -250B

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -259.80 -148.10 -27.93 -259.80 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 [+]
Exports 184.20 128.30 203.30 53.19 CFA Franc Billion [+]
Imports 444.00 276.40 524.40 114.49 CFA Franc Billion [+]
Capital Flows -1063.10 -719.50 1851.70 -1063.10 XOF Billion [+]
Terms Of Trade 121.50 123.90 141.90 -550.00 Index Points [+]
Terrorism Index 1.01 1.80 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-259.80 -148.10 -27.93 -259.80 2009 - 2019 CFA Franc Billion Monthly

Country Last Previous
Argentina 951.00 Jul/19
Australia 7268.00 Jul/19
Brazil 3280.00 Aug/19
Canada -1124.40 Jul/19
China 348.30 Aug/19
Euro Area 24789.70 Jul/19
France -4607.00 Jul/19
Germany 21449.00 Jul/19
India -13450.00 Aug/19
Indonesia 85.10 Aug/19
Italy 7630.87 Jul/19
Japan -136.30 Aug/19
Mexico -1117.00 Jul/19
Netherlands 4127.00 Jul/19
Russia 11224.00 Jul/19
Saudi Arabia 131636.00 Mar/19
Singapore 3787.85 Aug/19
South Africa -2880.82 Jul/19
South Korea 1723.00 Aug/19
Spain -1532700.00 Jun/19
Switzerland 2671.16 Jul/19
Turkey -3191.93 Jul/19
United Kingdom -219.00 Jul/19
United States -53989.00 Jul/19