Senegal’s exports reached CFAF524.7 billion in June 2026, up 4.4 per cent from the previous month, while imports surged by 26.7 per cent to CFAF653.6 billion, resulting in a trade deficit of CFAF128.9 billion, according to the Monthly Foreign Trade Statistics Bulletin published on Thursday by the National Agency of Statistics and Demography (ANSD).
Senegal’s goods exports stood at CFAF524.7 billion in June 2026, compared with CFAF502.8 billion in May, representing a 4.4 per cent increase, according to the ANSD’s Monthly Foreign Trade Statistics Bulletin.
The ANSD attributed the rise to increased shipments of non-monetary gold, which climbed from CFAF59.6 billion in May to CFAF126.4 billion in June, as well as higher exports of liquefied natural gas (CFAF45.0 billion compared with CFAF15.1 billion) and refined petroleum products (CFAF57.2 billion compared with CFAF50.9 billion).
This positive trend was nevertheless partly offset by a decline in crude oil exports, which fell to CFAF87.7 billion from CFAF208.8 billion the previous month, as well as lower exports of phosphoric acid and canned fish.
Year-on-year, exports increased by 2.0 per cent compared with June 2025. Over the first six months of the year, cumulative exports reached CFAF3.1543 trillion, compared with CFAF2.8403 trillion during the same period in 2025, representing an 11.1 per cent rise.
The main exported products in June were non-monetary gold (CFAF126.4 billion), crude oil (CFAF87.7 billion), refined petroleum products (CFAF57.2 billion), liquefied natural gas (CFAF45.0 billion), fresh sea fish (CFAF23.0 billion) and hydraulic cement (CFAF14.9 billion).
Senegal’s main export destinations were Switzerland, which accounted for 22.5 per cent of exports, followed by Spain (14.7 per cent), Mali (13.5 per cent), India (7.4 per cent), the Netherlands (6.2 per cent) and China (3.3 per cent).
Goods imports, meanwhile, rose sharply to CFAF653.6 billion in June 2026, compared with CFAF516.1 billion in May, an increase of 26.7 per cent.
The increase was mainly driven by higher purchases of refined petroleum products, which reached CFAF248.5 billion compared with CFAF116.1 billion the previous month. Imports of other transport equipment and fertilisers also contributed to the rise.
The ANSD noted, however, that the increase was partly moderated by declines in imports of crude oil and rice.
Compared with June 2025, imports increased by 20.0 per cent. Over the first six months of the year, they totalled CFAF3.2835 trillion, compared with CFAF3.5688 trillion a year earlier, representing an 8.0 per cent decline.
The main imported products during the month were refined petroleum products (CFAF248.5 billion), other machinery and equipment (CFAF46.4 billion), pharmaceutical products (CFAF20.8 billion), wheat and meslin (CFAF20.2 billion) and base metals (CFAF20.0 billion).
Senegal’s leading suppliers were China, accounting for 14.1 per cent of imports, followed by France (13.3 per cent), the United States (11.7 per cent), the Netherlands (8.4 per cent), India (4.3 per cent), the United Arab Emirates (4.1 per cent) and Russia (4.1 per cent).
Driven by the sharp increase in imports, Senegal’s trade deficit widened to CFAF128.9 billion in June 2026, compared with CFAF13.3 billion the previous month.
According to the ANSD, this deterioration was mainly due to a worsening trade deficit with France, the United States, Türkiye and the Netherlands, while improved trade balances with Switzerland, Mali and Spain helped limit the scale of the decline.
Despite the monthly deterioration, the first-half performance remains more favourable. The cumulative trade deficit at the end of June 2026 stood at CFAF129.2 billion, compared with CFAF728.5 billion during the same period in 2025, reflecting a significant improvement in Senegal’s trade balance over the first six months of the year.
AC/Sf/lb/gik/APA