Search

Senegal’s Trade Deficit Narrows by 70% on Export Boom

Subscriber only Subscriber only
Dakar, Senegal. © Pexels
  • September exports surge by 85%, driven by gold, petroleum products, and titanium
  • Imports drop nearly 15%, reflecting a shift toward local supply and reduced crude oil purchases

Dakar, Senegal – Senegal’s trade deficit shrank dramatically to $195.3 million in September 2024, a 70% decline from $663 million in August, according to the latest bulletin from the National Agency of Statistics (ANSD). The narrowing gap was fueled by a surge in exports and a sharp drop in imports.

You need an active subscription to continue reading this article.

Recent Business

Woman selling fruit in Tanzanian Market. Photo by David Cashbaugh @ Unsplash
Amid tariff wars, Africa seals $48bn to boost intra-trade
Read More »
Photo by Mwanje Henry @ Unsplash
Uganda’s pension giant posts record $7.4bn assets
Read More »
Gold bars. Photo by Jingming Pan @ Unsplash
Can Ghana’s gold refinery plan deliver real value?
Read More »

Recent Politics

Nairobi, Kenya © Unsplash
Kenya-Somalia tensions threaten vital khat trade
Read More »
Ivory Coast supporters of a political party on the street. Photo by Yanick Folly @ Unsplash
Ivory Coast vote: Is Ouattara headed for a one-man race?
Read More »
Loading of maritime containers aboard vessels in a seaport. Photo @ Unsplash
Is Ethiopia’s sea access dispute with Eritrea a path to conflict?
Read More »

Latest Posts

Latest news insights