the good vintage of May resorbs the decline reported early 2018

According to data published by the Directorate of Forecasting and Economic Studies (DPEE), exports of goods to Senegal were established in May 2018 at CFAF 163 billion, or about $ 292.5 million. This performance is well above that recorded in the previous month, when exports of goods were valued at CFAF 119.7 billion (about $ 214.4 million).

Thus, says the DPEE we note an increase of 43.6 billion CFA which represents a 36.5% increase in relative value. "This situation is mainly attributable to petroleum products (+12.6 billion Fcfa), crude gold (+10.8 billion Fcfa), phosphoric acid (+7.3 billion Fcfa) , foodstuffs (+3.7 billion CFA francs), zircon (+3.5 billion CFA francs) and, to a lesser extent, mineral and chemical inputs (+0.9 billion CFA francs) " explained Senegalese public institution.

The same source indicated that the increase in food exports is mainly attributable to the increase in sales of fish products (+ 5.1 billion CFA francs) and products for soup preparations , soups and broths (+2.2 billion FCFA). DPEE adds, however, that exports of fresh vegetables and peanut products have declined just as sharply, losing respectively CFAF 1.9 billion and CFAF 1.1 billion.

9% increase year-over-year, but decreasing since then the beginning of 2018

On a year-on-year basis, compared with those of May 2017, exports of goods recorded during the month of May 2018, are up by 9% in relative value, which represents in absolute value, a sum of CFAF 13.5 billion

Note that over the first five months of the current year, exports of goods to Senegal are down compared to the same period in 2017. They have thus fallen by 39, 8 billion CFA francs. The Senegalese DPEE explains this situation mainly, by reducing the value of foreign sales of cement (-24.1 billion Fcfa), titanium (- 9.2 billion Fcfa), mineral and chemical fertilizers (- CFAF 3.9 billion) and petroleum products (CFAF -1.1 billion).

As for food exports, they resisted the trend and saw an increase of CFAF 18.9 billion in food products. peanuts (+19.3 billion CFA francs) and fisheries (+5.5 billion CFA francs).