Senegal recorded a trade deficit of 228.20 CFA Franc Billion in May of 2019. Balance of Trade in Senegal averaged -140.70 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 -236.90 CFA Franc Billion in January of 2018.

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
2019-04-10 01:20 PM Balance of Trade Feb CFA -179.8B CFA -123.6B CFA-140B
2019-05-13 08:40 AM Balance of Trade Mar CFA -106.8B CFA -179.8B CFA -160B
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
2019-08-03 01:15 PM Balance of Trade Jun CFA -228.2B CFA -175.8B
2019-09-20 12:00 PM Balance of Trade Jul
2019-10-29 01:30 PM Balance of Trade Aug

Senegal Trade Last Previous Highest Lowest Unit
Balance of Trade -228.20 -164.30 -27.93 -236.90 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 191.30 157.90 203.30 53.19 CFA Franc Billion [+]
Imports 419.50 322.20 524.40 114.49 CFA Franc Billion [+]
Capital Flows -719.50 -1.50 1851.70 -719.50 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 July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-228.20 -164.30 -27.93 -236.90 2009 - 2019 CFA Franc Billion Monthly

Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan 589.46 Jun/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.29 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 3251.00 Jun/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19