In the month of August 2026, Senegal's exports amounted to 711,1 billion FCFA compared to 668,2 billion FCFA the previous month, representing an increase of 6,4%. According to ANSD, this rise is mainly explained by the strengthening of shipments of refined petroleum products (95,3 billion FCFA in the month of August 2026 against 73,0 billion FCFA the previous month), phosphoric acid (40,7 billion FCFA against 19,7 billion FCFA), and phosphates (6,7 billion FCFA against 2,3 billion FCFA).
However, the decline in exports of crude oil (206,7 billion FCFA against 273,4 billion FCFA) and non-monetary gold (109,8 billion FCFA against 124,7 billion FCFA) moderated this progression. Compared to the month of August 2025, exports increased by 75,7%.
Their cumulative total at the end of August 2026 reached 4 533,6 billion FCFA against 3 676,8 billion FCFA for the same period of 2025, representing an increase of 23,3%.
During the month of August 2026, the main products exported were crude oil (206,7 billion FCFA), non-monetary gold (109,8 billion FCFA), refined petroleum products (95,3 billion FCFA), phosphoric acid (40,7 billion FCFA), and liquefied natural gas (28,4 billion FCFA). The main clients of Senegal during the period under review were Mali (29,7%), the Netherlands (20,4%), Switzerland (15,9%), Italy (9,4%), India (7,2%), and the People's Republic of China (2,5%).
Decline 9% in imports
Imports of goods in the month of August 2026 totaled 551,1 billion FCFA against 606,0 billion FCFA the previous month, representing a contraction of 9,1%. This development stems from the decrease in external purchases of crude petroleum oil (almost no imports in the month of August 2026 against 112,3 billion FCFA the previous month), other transport equipment (11,8 billion FCFA against 50,1 billion FCFA), and refined petroleum products (170,5 billion FCFA against 207,1 billion FCFA).
However, the strengthening of external purchases of base metals (38,9 billion against 5,3 billion FCFA the previous month) and pharmaceutical products (18,2 billion FCFA against 5,3 billion FCFA) moderated this decline. Compared to the month of August 2025, imports show an increase of 6,5%.
Their cumulative total at the end of August 2026 reached 4 440,6 billion FCFA against 4 721,9 billion FCFA for the same period of 2025, representing a regression of 6,0%. The main products imported during the period under review were refined petroleum products (170,5 billion FCFA), base metals (38,9 billion FCFA), other machines and appliances (37,3 billion FCFA), pharmaceutical products (18,2 billion FCFA), and wheat and meslin (17,2 billion FCFA).
The main suppliers of Senegal in the month of August 2026 were Nigeria (22,7%), the People's Republic of China (21,0%), France (12,9%), the Republic of Georgia (7,5%), the United States of America (6,4 %), and Spain (4,4%).
Trade balance strengthens
In the month of August 2026, the trade balance surplus strengthened, reaching +160,0 billion FCFA against +62,1 billion FCFA the previous month. This progression is explained by an improvement in the balance vis-à-vis Mali (+211,0 billion FCFA against +78,2 billion FCFA the previous month), the Netherlands (+139,8 billion FCFA against +44,6 billion FCFA), Italy (+62,3 billion FCFA against -3,5 billion FCFA), and Nigeria (-12,4 billion FCFA against -136,5 billion FCFA).
On the other hand, the widening of the deficit vis-à-vis France (-67,9 billion FCFA against -19,2 billion FCFA the previous month), the People's Republic of China (-97,7 billion FCFA against -51,7 billion FCFA), and the Republic of Georgia (-41,5 billion FCFA against -23,6 billion FCFA) mitigated this progression. The cumulative balance at the end of August 2026 stood at +93,0 billion FCFA against -1 045,0 billion FCFA at the same period in 2025.
Published on 12/10/26 09:21
Mouhamadou Dieng