Senegal recorded a trade deficit of 260.60 XOF Billion in May of 2022. source: ANSD, Senegal

Balance of Trade in Senegal averaged -154.71 XOF Billion from 2009 until 2022, reaching an all time high of -27.93 XOF Billion in February of 2011 and a record low of -332.80 XOF Billion in March of 2020. This page provides - Senegal Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Senegal Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on August of 2022.

Balance of Trade in Senegal is expected to be -250.00 XOF Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Senegal Balance of Trade is projected to trend around -220.00 XOF Billion in 2023 and -225.00 XOF Billion in 2024, according to our econometric models.

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Senegal Balance of Trade

Calendar GMT Actual Previous Consensus TEForecast
2022-07-15 10:00 AM May XOF -260.6B XOF -312B XOF -280B
2022-08-16 10:00 AM Jun XOF -371.4B XOF -260.6B XOF -290B
2022-09-16 10:00 AM Jul XOF -371.4B

Related Last Previous Unit Reference
Balance of Trade -260.60 -312.40 XOF Billion May 2022
Current Account to GDP -10.40 -10.90 percent of GDP Dec 2021
Imports 713.90 564.20 XOF Billion Jun 2022
Exports 342.50 303.60 XOF Billion Jun 2022
Terms of Trade 104.50 99.40 points Mar 2022

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..
Actual Previous Highest Lowest Dates Unit Frequency
-260.60 -312.40 -27.93 -332.80 2009 - 2022 XOF Billion Monthly