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Burkina Faso Trade Summary

2019

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 2019

Overall Exports and Imports for Burkina Faso 2019

Exports and imports of Burkina Faso in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 3,261 million.
  • The total value of imports (CIF) was 4,259 million.
  • At the HS6 digit level, 766 products were exported to 105 countries and 3,028 products were imported from 162 countries.

Burkina Faso top 5 Export and Import partners 2019

Top five countries to which Burkina Faso exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Burkina Faso exports to Switzerland worth US$ 1,790 million, with a partner share of 54.89 percent.
  2. Burkina Faso exports to India worth US$ 574 million, with a partner share of 17.60 percent.
  3. Burkina Faso exports to Singapore worth US$ 211 million, with a partner share of 6.48 percent.
  4. Burkina Faso exports to Cote d'Ivoire worth US$ 178 million, with a partner share of 5.47 percent.
  5. Burkina Faso exports to France worth US$ 105 million, with a partner share of 3.21 percent.

Top five countries from which Burkina Faso imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Burkina Faso imports from China worth US$ 521 million, with a partner share of 12.23 percent.
  2. Burkina Faso imports from Cote d'Ivoire worth US$ 452 million, with a partner share of 10.61 percent.
  3. Burkina Faso imports from Russian Federation worth US$ 336 million, with a partner share of 7.88 percent.
  4. Burkina Faso imports from France worth US$ 313 million, with a partner share of 7.34 percent.
  5. Burkina Faso imports from Ghana worth US$ 293 million, with a partner share of 6.88 percent.

Burkina Faso Top 5 Productsexports imports at HS 6 digit level 2019

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 2,264,534.94 (US$ Thousands).
  2. Burkina Faso exported Cotton, not carded or combed , worth 351,793.14 (US$ Thousands).
  3. Burkina Faso exported Zinc not alloyed unwrought containing by weight , worth 155,091.71 (US$ Thousands).
  4. Burkina Faso exported Cashew nuts, fresh or dried , worth 95,214.56 (US$ Thousands).
  5. Burkina Faso exported Sesamum seeds , worth 70,585.82 (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 1,010,857.91 (US$ Thousands).
  2. Burkina Faso imported Other medicaments of mixed or unmixed products, , worth 144,967.23 (US$ Thousands).
  3. Burkina Faso imported Broken rice , worth 107,206.79 (US$ Thousands).
  4. Burkina Faso imported Electrical energy , worth 106,796.34 (US$ Thousands).
  5. Burkina Faso imported Cement clinkers , worth 82,059.92 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Burkina Faso in 2019 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 11.41 percent.
  • The trade weighted average tariff was 5.84 .
  • The total duty free imports in thousands of US dollars were 1,026,689.35 and duty free tariff line items share was 13.83 percent.

Development Indicators 2019

Key Development Indicators of Burkina Faso in 2019 are below

  • Burkina Faso GDP in current US dollar was 16,178 million.
  • GNI per capita, Atlas method (current US$) was 750.00 .
  • Burkina Faso Trade balance: as % of GDP was -3.43.
  • Trade balance in current US$ was -555.00 million.
  • Trade as percentage of GDP was 58.66 .
  • Trade in services as percentage of GDP was 12.37 .

Trade Indicators 2019

Trade Indicators for Burkina Faso in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.34.
  • Index of export market penetration was 1.53.
  • World Growth in percentage was -1.34 and Burkina Faso Country Growth was 6.46 .