Loading..

Burkina Faso Trade Summary

2018

Burkina Faso exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 3,283 million.
  • The total value of imports (CIF) was 4,296 million.
  • At the HS6 digit level, 830 products were exported to 93 countries and 3,020 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$ 1,731 million, with a partner share of 52.72 percent.
  2. Burkina Faso exports to India worth US$ 504 million, with a partner share of 15.36 percent.
  3. Burkina Faso exports to Singapore worth US$ 253 million, with a partner share of 7.70 percent.
  4. Burkina Faso exports to Cote d'Ivoire worth US$ 208 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$ 543 million, with a partner share of 12.65 percent.
  2. Burkina Faso imports from Cote d'Ivoire worth US$ 495 million, with a partner share of 11.51 percent.
  3. Burkina Faso imports from France worth US$ 309 million, with a partner share of 7.20 percent.
  4. Burkina Faso imports from United States worth US$ 246 million, with a partner share of 5.73 percent.
  5. Burkina Faso imports from Russian Federation worth US$ 237 million, with a partner share of 5.51 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 US$ 2,148,492.85 million.
  2. Burkina Faso exported Cotton, not carded or combed , worth US$ 320,076.79 million.
  3. Burkina Faso exported Cashew nuts, fresh or dried , worth US$ 211,818.01 million.
  4. Burkina Faso exported Zinc not alloyed unwrought containing by weight , worth US$ 187,576.04 million.
  5. Burkina Faso exported Sesamum seeds , worth US$ 128,540.29 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$ 996,048.97 million.
  2. Burkina Faso imported Other medicaments of mixed or unmixed products, , worth US$ 178,887.73 million.
  3. Burkina Faso imported Cement clinkers , worth US$ 126,189.72 million.
  4. Burkina Faso imported Broken rice , worth US$ 89,355.62 million.
  5. Burkina Faso imported Electrical energy , worth US$ 89,067.28 million.

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 14,125 million.
  • GNI per capita, Atlas method (current US$) was 670.00 .
  • Burkina Faso Trade balance: as % of GDP was -6.45.
  • Trade balance in current US$ was -911.00 million.
  • Trade as percentage of GDP was 68.03 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2018

Trade Indicators for Burkina Faso in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.35.
  • Index of export market penetration was 1.48.
  • World Growth in percentage was 3.50 and Burkina Faso Country Growth was 5.68 .