Last year, Senegal recorded a trade gap of CFA2,244 billion ($3.7 billion), compared to CFA2,246 billion in 2018, according to data provided by the national statistics agency (ANSD).
This deficit was caused by an 8% augmentation in the volume of imports (mainly rice and petroleum products) which reached CFA4,229.3 billion ($7 billion). On the other hand, although exports recorded higher growth (+18.9%), they only reached CFA1,985.1 billion (3.3 billion $).
On the continent, West African countries are Senegal's main trading partners, with Nigeria being the leader - trading CFA259.6 billion ($432.8 million) worth of goods with Senegal.
Worldwide, France remains the country's leading supplier with CFA7,94.8 billion ($ 1.3 billion) of imported goods.
Moutiou Adjibi Nourou
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for u...
Suez Canal Authority, JICA sign $22 million deal for diving support vessel Vessel to boost canal security, emergency response and ship...
Sonatrach approves 2026 budget and 2026-2030 development plan, details undisclosed Rising domestic gas demand strains balance with exports,...
Libya seeks Tunisia’s expertise to digitise education system Plans include connecting schools, expanding distance learning Cooperation aims to narrow...
Ghana arrests 141 suspects in nationwide cybercrime crackdown Authorities seize laptops, phones linked to fraud and online scams Losses rise sharply,...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...