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Burkina Faso Trade Summary

2020

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 2020

Overall Exports and Imports for Burkina Faso 2020

Exports and imports of Burkina Faso in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 4,375 million.
  • The total value of imports (CIF) was 4,179 million.
  • At the HS6 digit level, 782 products were exported to 97 countries and 3,010 products were imported from 160 countries.

Burkina Faso top 5 Export and Import partners 2020

Top five countries to which Burkina Faso exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Burkina Faso exports to Switzerland worth US$ 3,338 million, with a partner share of 76.30 percent.
  2. Burkina Faso exports to India worth US$ 296 million, with a partner share of 6.77 percent.
  3. Burkina Faso exports to Cote d'Ivoire worth US$ 125 million, with a partner share of 2.86 percent.
  4. Burkina Faso exports to Singapore worth US$ 120 million, with a partner share of 2.74 percent.
  5. Burkina Faso exports to Ghana worth US$ 59 million, with a partner share of 1.35 percent.

Top five countries from which Burkina Faso imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Burkina Faso imports from China worth US$ 520 million, with a partner share of 12.44 percent.
  2. Burkina Faso imports from Cote d'Ivoire worth US$ 342 million, with a partner share of 8.17 percent.
  3. Burkina Faso imports from France worth US$ 306 million, with a partner share of 7.33 percent.
  4. Burkina Faso imports from United States worth US$ 298 million, with a partner share of 7.14 percent.
  5. Burkina Faso imports from Russian Federation worth US$ 289 million, with a partner share of 6.92 percent.

Burkina Faso Top 5 Productsexports imports at HS 6 digit level 2020

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 3,559,185.50 (US$ Thousands).
  2. Burkina Faso exported Cotton, not carded or combed , worth 261,776.64 (US$ Thousands).
  3. Burkina Faso exported Zinc ores and concentrates , worth 105,499.26 (US$ Thousands).
  4. Burkina Faso exported Cashew nuts, fresh or dried , worth 67,829.29 (US$ Thousands).
  5. Burkina Faso exported Sesamum seeds , worth 64,096.11 (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 871,006.10 (US$ Thousands).
  2. Burkina Faso imported Other medicaments of mixed or unmixed products, , worth 188,526.54 (US$ Thousands).
  3. Burkina Faso imported Cement clinkers , worth 167,447.46 (US$ Thousands).
  4. Burkina Faso imported Electrical energy , worth 141,904.83 (US$ Thousands).
  5. Burkina Faso imported Butanes, liquefied , worth 88,953.68 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Burkina Faso in 2020 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 11 percent.
  • The trade weighted average tariff was 7.15 .
  • The total duty free imports in thousands of US dollars were 886,183.39 and duty free tariff line items share was 15.49 percent.

Development Indicators 2020

Key Development Indicators of Burkina Faso in 2020 are below

  • Burkina Faso GDP in current US dollar was 17,934 million.
  • GNI per capita, Atlas method (current US$) was 750.00 .
  • Burkina Faso Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 9.87 .

Trade Indicators 2020

Trade Indicators for Burkina Faso in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.60.
  • Index of export market penetration was 1.56.
  • World Growth in percentage was -3.77 and Burkina Faso Country Growth was 15.67 .