Country intelligence · SEN · 2024

Senegal trade profile

In 2024, Senegal recorded $6.3B in merchandise exports and $15.6B in imports, producing a $9.3B trade deficit. Exports changed +22.0% from the previous year, while imports changed -5.0%.[1]

Exports

$6.3B

+22.0%

Imports

$15.6B

-5.0%

Trade balance

-$9.3B

deficit

Active partners

270

14 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$6.3B$15.6B-$9.3B+22.0%
2023$5.2B$16.4B-$11.2B-15.2%
2022$6.1B$16.1B-$10.0B+24.4%
2021$4.9B$13.5B-$8.6B+26.8%
2020$3.9B$10.0B-$6.2B-7.9%
2019$4.2B$10.3B-$6.1B+8.8%
2018$3.8B$10.3B-$6.5B+21.6%
2017$3.2B$8.8B-$5.7B+17.3%
2016$2.7B$7.8B-$5.1B-0.7%
2015$2.7B$7.8B-$5.0B-0.2%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 27 · Mineral fuels and oils

35 active HS6 lines · 52 export partners

$2.2B
2

HS 71 · Precious metals and stones

48 active HS6 lines · 46 export partners

$948.2M
3

HS 03 · HS chapter

161 active HS6 lines · 87 export partners

$443.9M
4

HS 28 · HS chapter

141 active HS6 lines · 34 export partners

$420.4M
5

HS 25 · HS chapter

61 active HS6 lines · 60 export partners

$284.8M
6

HS 26 · HS chapter

20 active HS6 lines · 36 export partners

$281.3M
7

HS 12 · HS chapter

39 active HS6 lines · 52 export partners

$184.9M
8

HS 08 · HS chapter

67 active HS6 lines · 61 export partners

$153.7M

Leading export markets

Destinations rank bilateral export flows from Senegal; growth describes each corridor rather than the whole economy.

1

Mali

Annual change +1.9% · 3-year CAGR 9.8%

$1.4B
2

China

Annual change +237.0% · 3-year CAGR 33.8%

$866.4M
3

Switzerland

Annual change +7.8% · 3-year CAGR -3.0%

$667.5M
4

India

Annual change +1.1% · 3-year CAGR 4.7%

$594.3M
5

Spain

Annual change +60.0% · 3-year CAGR 12.9%

$264.7M
6

Gambia

Annual change +33.0% · 3-year CAGR 23.0%

$253.0M
7

United States

Annual change +51.7% · 3-year CAGR 19.0%

$234.3M
8

Guinea

Annual change +21.9% · 3-year CAGR 9.0%

$186.7M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.