During 2023, economic activity showed real growth in Senegal. An increase in the trade deficit has been recorded in terms of foreign trade. It posted $356.2 million in May compared to $290.6 million in April 2023

The monthly business note from the Director of Economic Forecasts and Studies (DPEE) indicated that Senegal's trade deficit increased by 22.5% between April and May 2023. Indeed, the note mentions that the trade deficit rose to 208.1 billion FCFA ($356.2 million) in May against 169.8 billion FCFA ($290.6 million) in April. This trend is explained by a greater increase in imports of goods (+102.9 billion FCFA), compared to that of exports (+52.3 billion FCFA) according to

According to the information in the note, Côte d'Ivoire remains Senegal's top supplier in the UEMOA space, with an estimated share of 86.8%. “Imports from this country are, mainly, plastic and artificial materials (38.9%), edible fruits and vegetables (8.8%) and products of the para-chemical industries (8.1%),” the source said.