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Burkina Faso Trade Summary

2014

Burkina Faso exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BURKINA FASO 2014

Overall Exports and Imports for Burkina Faso 2014

Exports and imports of Burkina Faso in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,846 million.
  • The total value of imports (CIF) was 3,575 million.
  • At the HS6 digit level, 737 products were exported to 100 countries and 2,863 products were imported from 136 countries.

Burkina Faso top 5 Export and Import partners 2014

Top five countries to which Burkina Faso exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Burkina Faso exports to Switzerland worth US$ 1,422 million, with a partner share of 49.98 percent.
  2. Burkina Faso exports to Mali worth US$ 251 million, with a partner share of 8.82 percent.
  3. Burkina Faso exports to Singapore worth US$ 194 million, with a partner share of 6.83 percent.
  4. Burkina Faso exports to Cote d'Ivoire worth US$ 149 million, with a partner share of 5.24 percent.
  5. Burkina Faso exports to France worth US$ 116 million, with a partner share of 4.06 percent.

Top five countries from which Burkina Faso imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Burkina Faso imports from Cote d'Ivoire worth US$ 604 million, with a partner share of 16.88 percent.
  2. Burkina Faso imports from Togo worth US$ 432 million, with a partner share of 12.09 percent.
  3. Burkina Faso imports from France worth US$ 397 million, with a partner share of 11.11 percent.
  4. Burkina Faso imports from Benin worth US$ 358 million, with a partner share of 10.01 percent.
  5. Burkina Faso imports from China worth US$ 323 million, with a partner share of 9.03 percent.

Burkina Faso Top 5 Productsexports imports at HS 6 digit level 2014

The top five exported HS 6 digit level products to world by Burkina Faso along with trade value are:

  1. Burkina Faso exported Gold in unwrought forms non-monetary , worth US$ 837,113.16 million.
  2. Burkina Faso exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 625,782.65 million.
  3. Burkina Faso exported Cotton, not carded or combed , worth US$ 494,885.60 million.
  4. Burkina Faso exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 275,336.45 million.
  5. Burkina Faso exported Sesamum seeds , worth US$ 131,838.09 million.

The top five imported HS 6 digit level products from world by Burkina Faso along with trade value are

  1. Burkina Faso imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 1,049,596.57 million.
  2. Burkina Faso imported Other medicaments of mixed or unmixed products, , worth US$ 155,349.29 million.
  3. Burkina Faso imported Bars/rods,i/nas,hr,in irreg wnd coils of circ c , worth US$ 69,626.37 million.
  4. Burkina Faso imported Butanes, liquefied , worth US$ 56,616.32 million.
  5. Burkina Faso imported Motorcycles with reciprocating piston engine di , worth US$ 56,495.92 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Burkina Faso in 2014 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 12.25 percent.
  • The trade weighted average tariff was 7.92 .
  • The total duty free imports in thousands of US dollars were 723,814.20 and duty free tariff line items share was 7.31 percent.

Development Indicators 2014

Key Development Indicators of Burkina Faso in 2014 are below

  • Burkina Faso GDP in current US dollar was 13,943 million.
  • GNI per capita, Atlas method (current US$) was 760.00 .
  • Burkina Faso Trade balance: as % of GDP was -4.96.
  • Trade balance in current US$ was -692.00 million.
  • Trade as percentage of GDP was 58.82 .
  • Trade in services as percentage of GDP was 12.65 .

Trade Indicators 2014

Trade Indicators for Burkina Faso in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.39.
  • Index of export market penetration was 1.43.
  • World Growth in percentage was 0.12 and Burkina Faso Country Growth was 1.35 .