Senegal - Balanza comercial

Senegal's trade deficit shrank to CFA 123.6 billion in January of 2019 from CFA 236.9 billion in the same month a year ago. Exports grew 48.5 percent to CFA 180.9 billion, mainly boosted by sales of phosphoric acid (155.1%); peanuts (1375.5%); non-monetary gold (40.9%); fresh fish (18.7%) and crustaceans & molluscs (137.4%). Main export partners were India (13.3% of total shipments), Mali (13.1%), Switzerland (12.4%), China (11.8%), Spain (4%) and France (3.9%). Meanwhile, imports fell 15.1 percent to CFA 304.5 billion, namely dragged down by lower purchases of rice (-33.2%); artificial plastic materials (-17.4%) and machines and apparatus for other industries (-34.2%). The most important import partners were France (17.2% of total imports), China (14.3%), Luxembourg (5.6%), India (5.1%), the Netherlands (4.6%) and Turkey (4.1%).

Senegal's trade deficit decreased to CFA 199.3 billion in December of 2018 from CFA 210.5 billion in the same month a year ago. Exports climbed 76.5 percent to CFA 179.3 billion, amid a surge in shipments of food, beverages & tobacco (66.1%), of which peanuts (50,360%) and fresh fish (57.7%); raw materials of animal and vegetable origin (349.6%) and energy & lubricants (219.6%), namely petroleum products (219.8%). Main export partners were Switzerland (40.2% of total sales), China (7.6%), Mali (7.3%), Ivory Coast (4.1%) and Gambia (3.8%). Meantime, imports grew 21.3 percent to CFA 378.6 billion, mainly boosted by purchases of energy & lubricants (126.9%), such as oil (181.7%) and other petroleum products (68.3%). The most important import partners were Nigeria (25.6% of total purchases), France (11.5%), China (10%), Belgium (7.4%) and the Netherlands (5%).