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2 clusters · 8 sources · 5 days · First seen 6 days ago · Last updated 2 days ago

Senegal crude oil export growth

Overview

Following the official start of the Sangomar oil field in June 2024, Senegal experienced a significant transformation in its trade balance. In 2025, the first full year of commercialization, crude oil exports rose to 1,528 billion FCFA from 464 billion FCFA in 2024, making crude oil the country’s primary export at 21.9% of total exports.

By July 2026, this upward trend continued with monthly exports rising 27.3% to 668.2 billion FCFA. This growth was largely driven by a surge in crude oil shipments, which increased from 87.7 billion FCFA in June to 273.4 billion FCFA in July. While increases in refined petroleum products and phosphoric acid contributed to the growth, declines in liquefied natural gas, hydraulic cement, and fresh sea fish partially offset the gains.

Entities

Agence Nationale de la Statistique et de la Démographie · Senegal · Sangomar

Timeline

2 days ago

[BUSINESS] 7 sources
Senegal exports rise 27% in July 2026 driven by crude oil
Senegal's exports jumped 27.3% to 668.2 billion FCFA in July 2026, fueled by a massive increase in crude oil shipments and phosphoric acid exports.
6 days ago

[BUSINESS] 2 sources
Sangomar oil field drives Senegal's crude exports to 1,528 billion FCFA
Senegal's crude oil exports from the Sangomar field reached 1,528 billion FCFA in 2025, driving a 48.5% increase in total national exports as Europe and Asia emerge as primary markets.

Sources

actunet.net · emedia.sn · esteval.fr · lapresse.tn · pressafrik.com · sentv.info · sikafinance.com · tract.sn