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Burkina Faso Trade Summary

2018

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 2018

Overall Exports and Imports for Burkina Faso 2018

Exports and imports of Burkina Faso in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,268 million.
  • The total value of imports (CIF) was 4,396 million.
  • At the HS6 digit level, 831 products were exported to 93 countries and 3,039 products were imported from 158 countries.

Burkina Faso top 5 Export and Import partners 2018

Top five countries to which Burkina Faso exported in 2018 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 52.70 percent.
  2. Burkina Faso exports to India worth US$ 502 million, with a partner share of 15.35 percent.
  3. Burkina Faso exports to Singapore worth US$ 251 million, with a partner share of 7.69 percent.
  4. Burkina Faso exports to Cote d'Ivoire worth US$ 207 million, with a partner share of 6.34 percent.
  5. Burkina Faso exports to France worth US$ 137 million, with a partner share of 4.19 percent.

Top five countries from which Burkina Faso imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Burkina Faso imports from China worth US$ 556 million, with a partner share of 12.65 percent.
  2. Burkina Faso imports from Cote d'Ivoire worth US$ 496 million, with a partner share of 11.27 percent.
  3. Burkina Faso imports from France worth US$ 318 million, with a partner share of 7.24 percent.
  4. Burkina Faso imports from United States worth US$ 257 million, with a partner share of 5.84 percent.
  5. Burkina Faso imports from India worth US$ 238 million, with a partner share of 5.41 percent.

Burkina Faso Top 5 Productsexports imports at HS 6 digit level 2018

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 2,137,576.18 (US$ Thousands).
  2. Burkina Faso exported Cotton, not carded or combed , worth 318,450.46 (US$ Thousands).
  3. Burkina Faso exported Cashew nuts, fresh or dried , worth 210,741.74 (US$ Thousands).
  4. Burkina Faso exported Zinc not alloyed unwrought containing by weight , worth 186,622.95 (US$ Thousands).
  5. Burkina Faso exported Sesamum seeds , worth 127,887.17 (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 998,001.25 (US$ Thousands).
  2. Burkina Faso imported Other medicaments of mixed or unmixed products, , worth 179,261.82 (US$ Thousands).
  3. Burkina Faso imported Cement clinkers , worth 127,187.30 (US$ Thousands).
  4. Burkina Faso imported Broken rice , worth 90,282.41 (US$ Thousands).
  5. Burkina Faso imported Electrical energy , worth 89,221.48 (US$ Thousands).

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Burkina Faso in 2018 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 12.17 percent.
  • The trade weighted average tariff was 7.79 .
  • The total duty free imports in thousands of US dollars were 401,266.39 and duty free tariff line items share was 5.76 percent.

Development Indicators 2018

Key Development Indicators of Burkina Faso in 2018 are below

  • Burkina Faso GDP in current US dollar was 15,890 million.
  • GNI per capita, Atlas method (current US$) was 730.00 .
  • Burkina Faso Trade balance: as % of GDP was -4.44.
  • Trade balance in current US$ was -705.00 million.
  • Trade as percentage of GDP was 60.60 .
  • Trade in services as percentage of GDP was 12.96 .

Trade Indicators 2018

Trade Indicators for Burkina Faso in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.36.
  • Index of export market penetration was 1.54.
  • World Growth in percentage was 4.91 and Burkina Faso Country Growth was 4.29 .