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Burkina Faso Trade Summary

2017

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 2017

Overall Exports and Imports for Burkina Faso 2017

Exports and imports of Burkina Faso in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,909 million.
  • The total value of imports (CIF) was 3,943 million.
  • At the HS6 digit level, 765 products were exported to 91 countries and 2,964 products were imported from 158 countries.

Burkina Faso top 5 Export and Import partners 2017

Top five countries to which Burkina Faso exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Burkina Faso exports to Switzerland worth US$ 1,722 million, with a partner share of 59.19 percent.
  2. Burkina Faso exports to India worth US$ 289 million, with a partner share of 9.95 percent.
  3. Burkina Faso exports to Singapore worth US$ 264 million, with a partner share of 9.07 percent.
  4. Burkina Faso exports to Cote d'Ivoire worth US$ 187 million, with a partner share of 6.43 percent.
  5. Burkina Faso exports to France worth US$ 78 million, with a partner share of 2.67 percent.

Top five countries from which Burkina Faso imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Burkina Faso imports from China worth US$ 570 million, with a partner share of 14.46 percent.
  2. Burkina Faso imports from Cote d'Ivoire worth US$ 406 million, with a partner share of 10.30 percent.
  3. Burkina Faso imports from France worth US$ 333 million, with a partner share of 8.45 percent.
  4. Burkina Faso imports from United States worth US$ 276 million, with a partner share of 7.00 percent.
  5. Burkina Faso imports from Netherlands worth US$ 264 million, with a partner share of 6.69 percent.

Burkina Faso Top 5 Productsexports imports at HS 6 digit level 2017

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 oth semi-manufactured forms,non-monetar , worth 1,868,750.60 (US$ Thousands).
  2. Burkina Faso exported Cotton, not carded or combed , worth 336,307.75 (US$ Thousands).
  3. Burkina Faso exported Cashew nuts, fresh or dried , worth 171,456.93 (US$ Thousands).
  4. Burkina Faso exported Zinc not alloyed unwrought containing by weight , worth 165,015.71 (US$ Thousands).
  5. Burkina Faso exported Sesamum seeds , worth 101,649.89 (US$ Thousands).

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 805,610.61 (US$ Thousands).
  2. Burkina Faso imported Other medicaments of mixed or unmixed products, , worth 152,080.63 (US$ Thousands).
  3. Burkina Faso imported Cement clinkers , worth 142,450.72 (US$ Thousands).
  4. Burkina Faso imported Broken rice , worth 68,869.07 (US$ Thousands).
  5. Burkina Faso imported Mineral or chemical fertilizers with nitrogen, , worth 67,448.61 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Burkina Faso in 2017 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 12.41 percent.
  • The trade weighted average tariff was 9.08 .
  • The total duty free imports in thousands of US dollars were 101,457.76 and duty free tariff line items share was 2.28 percent.

Development Indicators 2017

Key Development Indicators of Burkina Faso in 2017 are below

  • Burkina Faso GDP in current US dollar was 14,107 million.
  • GNI per capita, Atlas method (current US$) was 650.00 .
  • Burkina Faso Trade balance: as % of GDP was -6.36.
  • Trade balance in current US$ was -898.00 million.
  • Trade as percentage of GDP was 59.27 .
  • Trade in services as percentage of GDP was 13.15 .

Trade Indicators 2017

Trade Indicators for Burkina Faso in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.33.
  • Index of export market penetration was 1.53.
  • World Growth in percentage was 5.17 and Burkina Faso Country Growth was 12.69 .