Overall Exports and Imports for Burkina Faso 2023
- The total value of exports (FOB) is US$ 4,459 million.
- The total value of imports (CIF) is US$ 5,880 million.
- At the HS6 digit level, 995 products are exported to 90 countries and 2,961 products are imported from 165 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Burkina Faso along with trade value are:
- Burkina Faso exported Gold in oth semi-manufactured forms,non-monetar , worth 3,511,226.92 (US$ Thousands).
- Burkina Faso exported Cotton, not carded or combed , worth 249,367.93 (US$ Thousands).
- Burkina Faso exported Cashew nuts, fresh or dried , worth 119,427.30 (US$ Thousands).
- Burkina Faso exported Portland cement (excl. white) , worth 105,464.82 (US$ Thousands).
- Burkina Faso exported Other oil seeds and oleaginous fruits, nes , worth 81,115.53 (US$ Thousands).
The top five imported HS 6 digit level products from world by Burkina Faso along with trade value are
- Burkina Faso imported Petroleum oils, etc, (excl. crude); preparation , worth 2,009,711.34 (US$ Thousands).
- Burkina Faso imported Cement clinkers , worth 204,422.75 (US$ Thousands).
- Burkina Faso imported Electrical energy , worth 196,059.82 (US$ Thousands).
- Burkina Faso imported Other medicaments of mixed or unmixed products, , worth 167,943.61 (US$ Thousands).
- Burkina Faso imported Spelt, common wheat and meslin , worth 105,357.19 (US$ Thousands).
Burkina Faso top 5 Export and Import partners 2023
The top five countries to which Burkina Faso exported 2023 along with the partner share in percentage are:
- Burkina Faso exports to Switzerland worth US$ 3,013 million, with a partner share of 67.57 percent.
- Burkina Faso exports to United Arab Emirates worth US$ 380 million, with a partner share of 8.53 percent.
- Burkina Faso exports to Mali worth US$ 268 million, with a partner share of 6.02 percent.
- Burkina Faso exports to Cote d'Ivoire worth US$ 136 million, with a partner share of 3.05 percent.
- Burkina Faso exports to India worth US$ 83 million, with a partner share of 1.86 percent.
The top five countries to which Burkina Faso imported goods 2023 along with the share in percentage are
- Burkina Faso imports from Cote d'Ivoire worth US$ 817 million, with a partner share of 13.89 percent.
- Burkina Faso imports from China worth US$ 807 million, with a partner share of 13.73 percent.
- Burkina Faso imports from Russian Federation worth US$ 524 million, with a partner share of 8.91 percent.
- Burkina Faso imports from France worth US$ 433 million, with a partner share of 7.37 percent.
- Burkina Faso imports from Ghana worth US$ 376 million, with a partner share of 6.39 percent.
Burkina Faso Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Burkina Faso Raw materials exports are worth US$ 563 million, product share of 12.63%.
- Burkina Faso Raw materials imports are worth US$ 219 million, product share of 3.72%.
- Burkina Faso Intermediate goods exports are worth US$ 3,676 million, product share of 82.44%.
- Burkina Faso Intermediate goods imports are worth US$ 1,281 million, product share of 21.78%.
- Burkina Faso Consumer goods exports are worth US$ 108 million, product share of 2.42%.
- Burkina Faso Consumer goods imports are worth US$ 3,475 million, product share of 59.09%.
- Burkina Faso Capital goods exports are worth US$ 112 million, product share of 2.51%.
- Burkina Faso Capital goods imports are worth US$ 906 million, product share of 15.41%.
Burkina Faso Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.48.
- Index of export market penetration is 0.48.
- World Growth in percentage is 0.48 and Burkina Faso Country Growth is 0.16.
Burkina Faso Service Trade data from WDI 2023
- Burkina Faso, Service imports (BoP, current US$) is 1,450,112,792.00.
- Burkina Faso, Service exports (BoP, current US$) is 621,298,702.44.
- Burkina Faso, Imports of goods and services as percentage of GDP is 35.96 %.
- Burkina Faso, Exports of goods and services as percentage of GDP is 28.86 %.