Import prices in Senegal rose by 2.0% in June 2026 compared to the previous month, while export prices remained stable, according to the National Agency for Statistics and Demography (ANSD) monthly report on foreign trade price indices, published Thursday.
Import prices in Senegal increased by 2.0% in June 2026, compared to May, according to the ANSD’s monthly report on foreign trade price indices (IPCE).
This increase resulted from higher prices for “mineral products,” which contributed 0.7 percentage points, “transport equipment” (+0.3 points), “plant products” (+0.2 points), “chemical products” (+0.2 points), and “food products” (+0.1 points).
This price increase was, however, limited by a decrease in the prices of “animal and vegetable
fats and oils” (-0.1 percentage point).
Compared to June 2025, the prices of imported products decreased by 0.4%. In the first half of 2026, they fell by 5.7% compared to the same period in 2025.
The prices of “mineral products” rose by 1.3%, driven by the increase in refined petroleum products (+1.0%) from Belgium (+9.7%) and petroleum gas and other gaseous hydrocarbons (+25.7%) from Argentina (+62.1%).
The prices of “transport equipment” climbed by 7.7%, boosted by passenger cars (+10.7%) from Japan and Turkey, as well as freight vehicles (+3.6%) from France and South Africa.
Export Price Stability
Export prices remained stable in June 2026 compared to the previous month. This was due to rising prices for “mineral products” (contribution of +1.1 percentage points), “food industry products” (+0.1 percentage points), “chemical industry products” (+0.1 percentage points), and “animal and vegetable fats and oils” (+0.1 percentage points), offset by lower prices for “natural or cultured pearls, gemstones or similar materials, and precious metals” (-1.3 percentage points) and “live animals and animal products” (-0.1 percentage points).
Compared to June 2025, export prices improved by 10.1%. In the first half of 2026, they increased by 12.8% compared to the same period in 2025.
Export prices for “mineral products” rose by 5.0%, linked to the increase in prices for refined petroleum products (+10.7%) intended for shipboard provisions.
Gold prices for exports to Switzerland, however, fell by 3.8%.
Deterioration of the terms of trade
The terms of trade stood at 1.24 in June 2026, compared to 1.26 the previous month. This deterioration resulted primarily from the unfavourable evolution of the terms of trade for “animal and vegetable fats and oils” (2.10), “machinery and appliances” (1.75), “hides, leather, furs and articles thereof” (1.71), and “footwear and headgear” (1.57).
AC/Sf/fss/as/APA