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Burkina Faso Trade Summary

2021

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 2021

Overall Exports and Imports for Burkina Faso 2021

Exports and imports of Burkina Faso in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,060 million.
  • The total value of imports (CIF) was 4,710 million.
  • At the HS6 digit level, 793 products were exported to 108 countries and 3,016 products were imported from 158 countries.

Burkina Faso top 5 Export and Import partners 2021

Top five countries to which Burkina Faso exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Burkina Faso exports to Switzerland worth US$ 3,679 million, with a partner share of 72.70 percent.
  2. Burkina Faso exports to India worth US$ 485 million, with a partner share of 9.59 percent.
  3. Burkina Faso exports to Singapore worth US$ 195 million, with a partner share of 3.85 percent.
  4. Burkina Faso exports to Cote d'Ivoire worth US$ 182 million, with a partner share of 3.60 percent.
  5. Burkina Faso exports to Mali worth US$ 79 million, with a partner share of 1.55 percent.

Top five countries from which Burkina Faso imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Burkina Faso imports from China worth US$ 655 million, with a partner share of 13.90 percent.
  2. Burkina Faso imports from Cote d'Ivoire worth US$ 398 million, with a partner share of 8.45 percent.
  3. Burkina Faso imports from France worth US$ 368 million, with a partner share of 7.81 percent.
  4. Burkina Faso imports from United States worth US$ 326 million, with a partner share of 6.91 percent.
  5. Burkina Faso imports from Ghana worth US$ 276 million, with a partner share of 5.87 percent.

Burkina Faso Top 5 Productsexports imports at HS 6 digit level 2021

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 US$ 3,912,753.81 million.
  2. Burkina Faso exported Cotton, not carded or combed , worth US$ 454,433.34 million.
  3. Burkina Faso exported Zinc ores and concentrates , worth US$ 158,113.63 million.
  4. Burkina Faso exported Cashew nuts, fresh or dried , worth US$ 116,085.87 million.
  5. Burkina Faso exported Sesamum seeds , worth US$ 63,021.70 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$ 1,074,596.67 million.
  2. Burkina Faso imported Other medicaments of mixed or unmixed products, , worth US$ 190,903.83 million.
  3. Burkina Faso imported Cement clinkers , worth US$ 190,238.10 million.
  4. Burkina Faso imported Electrical energy , worth US$ 146,685.88 million.
  5. Burkina Faso imported Butanes, liquefied , worth US$ 115,893.09 million.

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Burkina Faso in 2021 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 11.33 percent.
  • The trade weighted average tariff was 7.30 .
  • The total duty free imports in thousands of US dollars were 1,099,847.94 and duty free tariff line items share was 13.63 percent.

Development Indicators 2021

Key Development Indicators of Burkina Faso in 2021 are below

  • Burkina Faso GDP in current US dollar was 19,738 million.
  • GNI per capita, Atlas method (current US$) was 830.00 .
  • Burkina Faso Trade balance: as % of GDP was not available.
  • Trade balance in current US$ was not available.
  • Trade as percentage of GDP was not available .
  • Trade in services as percentage of GDP was 9.99 .

Trade Indicators 2021

Trade Indicators for Burkina Faso in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.60.
  • Index of export market penetration was 1.57.
  • World Growth in percentage was 12.59 and Burkina Faso Country Growth was 2.39 .