Trade surplus grows in August

Sénégal's trade surplus expanded significantly in August 2026, reaching 160 billion CFA francs (273 million USD), compared to 62.1 billion CFA francs in July. This increase was largely due to a rise in exports, particularly in crude oil, phosphoric acid, phosphates, and non-monetary gold.

Export growth driven by key products

Sénégal's exports rose by 6.4% in August, totaling 711.1 billion CFA francs. The increase was primarily attributed to higher sales of crude oil and other minerals, which are major contributors to the country's export economy.

Imports decline due to reduced petroleum purchases

Imports dropped by 9.1% in August, reaching 551.1 billion CFA francs. This decline was mainly due to a reduction in the purchase of refined petroleum products, which fell from 207.1 billion CFA francs in July to 170.5 billion CFA francs in August.

Key import categories see mixed results

While imports of refined petroleum products and transport equipment decreased, Sénégal saw an increase in the import of common metals and pharmaceutical products during the same period. These changes reflect shifts in domestic demand and economic priorities.

Main trade partners identified

Nigeria, China, France, Georgia, the United States, and Spain were the main suppliers to Sénégal in August 2026. These countries provided a range of goods, from machinery and transport equipment to raw materials and consumer products.

Year-to-date trade surplus confirmed

For the first eight months of 2026, Sénégal recorded a cumulative trade surplus of 93 billion CFA francs (159 million USD), with exports totaling 4,533.6 billion CFA francs and imports reaching 4,440.6 billion CFA francs. This follows a period of sustained economic growth, with GDP rising to 5% in the second quarter of 2026.