Net trade in goods in Senegal
Senegal: Net trade in goods was -5.32 billion BoP, current US$ in 2023. ◆ Volatile
Net trade in goods in Senegal, 1974–2023
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2023, net trade in goods in Senegal stood at -5.32 billion BoP, current US$. That is the lowest value across all 50 years on record.
The figure is down 10.3% on the previous year and down 78.6% over ten years.
Over the whole period, net trade in goods in Senegal peaked at -68.96 million BoP, current US$ in 1975 and was at its lowest, -5.32 billion BoP, current US$, in 2023.
Senegal ranks 150th of 199 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -160.73 million BoP, current US$ | -309.50 million BoP, current US$ | -68.96 million BoP, current US$ | 6 |
| 1980s | -266.13 million BoP, current US$ | -416.85 million BoP, current US$ | -186.40 million BoP, current US$ | 10 |
| 1990s | -283.73 million BoP, current US$ | -349.90 million BoP, current US$ | -203.20 million BoP, current US$ | 10 |
| 2000s | -1.39 billion BoP, current US$ | -3.40 billion BoP, current US$ | -416.59 million BoP, current US$ | 10 |
| 2010s | -2.62 billion BoP, current US$ | -3.40 billion BoP, current US$ | -1.92 billion BoP, current US$ | 10 |
| 2020s | -3.99 billion BoP, current US$ | -5.32 billion BoP, current US$ | -2.80 billion BoP, current US$ | 4 |
Countries ranked near Senegal
- 147 Palestine -4.83 billion BoP, current US$ compare
- 148 Tanzania -5.07 billion BoP, current US$ compare
- 149 Afghanistan -5.10 billion BoP, current US$ compare
- 151 Tajikistan -5.50 billion BoP, current US$ compare
- 152 Cambodia -5.57 billion BoP, current US$ compare
- 153 Sudan -5.63 billion BoP, current US$ compare
More economy & growth data for Senegal
- Gross national expenditure 22.85 trillion current LCU (2025)
- Final consumption expenditure 17.06 trillion current LCU (2025)
- Final consumption expenditure 23.18 billion constant 2015 US$ (2025)
- Final consumption expenditure 2.9% (2025)
- Manufacturing, value added 4.26 billion constant 2015 US$ (2025)
- Final consumption expenditure 79.2% (2025)
- Manufacturing, value added 2.84 trillion current LCU (2025)
- Gross national expenditure 39.26 billion current US$ (2025)
- Exports of goods and services 7.00 trillion current LCU (2025)
- Exports of goods and services 12.02 billion current US$ (2025)
Frequently asked questions
- What is net trade in goods in Senegal?
- Net trade in goods in Senegal was -5.32 billion BoP, current US$ in 2023, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Senegal?
- The highest recorded value was -68.96 million BoP, current US$ in 1975.
- What is the lowest net trade in goods recorded in Senegal?
- The lowest recorded value was -5.32 billion BoP, current US$ in 2023.
- How does Senegal rank for net trade in goods?
- Senegal ranks 150th out of 199 countries with data for 2023.
- Is net trade in goods rising or falling in Senegal?
- Over the last ten years it is down 78.6%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 50 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.