Burkina Faso
Compare Burkina Faso →BF · BFA · BACI 854 · latest data 2024
Exports
= $9,470 M55.4% over 5 yrs (up)
Imports
= $6,550 M47.9% over 5 yrs (up)
Trade balancesurplus
= $2,921 M
Total trade
= $16,020 M52.2% over 5 yrs (up)
- World position
- #106 of 225 exporters · top half · #134 of 225 importers · bottom half · 2024
- World export share since 1995
- +0.0 pp
Trade timeline
Burkina Faso's exports grew from $276M in 1995 to $9.5B in 2024; the 2024 balance was $2.9B.
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| Year | Exports ($M) | Imports ($M) | Balance ($M) | Total ($M) |
|---|---|---|---|---|
| 1995 | $276 M | $559 M | −$283 M | $836 M |
| 1996 | $319 M | $661 M | −$342 M | $980 M |
| 1997 | $247 M | $781 M | −$534 M | $1,028 M |
| 1998 | $308 M | $991 M | −$684 M | $1,299 M |
| 1999 | $292 M | $944 M | −$652 M | $1,236 M |
| 2000 | $314 M | $853 M | −$539 M | $1,166 M |
| 2001 | $263 M | $877 M | −$614 M | $1,140 M |
| 2002 | $312 M | $736 M | −$424 M | $1,049 M |
| 2003 | $499 M | $1,054 M | −$555 M | $1,552 M |
| 2004 | $700 M | $1,199 M | −$500 M | $1,899 M |
| 2005 | $532 M | $1,325 M | −$793 M | $1,856 M |
| 2006 | $685 M | $1,619 M | −$934 M | $2,304 M |
| 2007 | $873 M | $1,914 M | −$1,041 M | $2,787 M |
| 2008 | $885 M | $2,371 M | −$1,486 M | $3,256 M |
| 2009 | $1,203 M | $2,388 M | −$1,185 M | $3,591 M |
| 2010 | $1,817 M | $2,414 M | −$597 M | $4,230 M |
| 2011 | $2,897 M | $3,131 M | −$234 M | $6,027 M |
| 2012 | $4,127 M | $3,642 M | $486 M | $7,769 M |
| 2013 | $3,986 M | $4,419 M | −$434 M | $8,405 M |
| 2014 | $3,490 M | $3,996 M | −$506 M | $7,486 M |
| 2015 | $3,666 M | $3,417 M | $249 M | $7,083 M |
| 2016 | $4,237 M | $3,673 M | $565 M | $7,910 M |
| 2017 | $5,168 M | $4,133 M | $1,036 M | $9,301 M |
| 2018 | $5,660 M | $4,639 M | $1,021 M | $10,299 M |
| 2019 | $6,096 M | $4,428 M | $1,667 M | $10,524 M |
| 2020 | $8,326 M | $4,426 M | $3,900 M | $12,752 M |
| 2021 | $9,340 M | $5,261 M | $4,079 M | $14,601 M |
| 2022 | $8,447 M | $6,037 M | $2,410 M | $14,484 M |
| 2023 | $8,350 M | $6,147 M | $2,203 M | $14,497 M |
| 2024 | $9,470 M | $6,550 M | $2,921 M | $16,020 M |
Trading partners
Switzerland was Burkina Faso's top trading partner in 2024, at 39.6% of total trade; the top five partners covered 66.5%.
- Top partner share
- 39.6%
- Top-5 share
- 66.5%
- Partners
- 174
- Partner HHI (0–1)
- 0.182
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| Rank | Partner | Exports to ($M) | Imports from ($M) | Total ($M) | Balance ($M) |
|---|---|---|---|---|---|
| #1 | Switzerland | $6,330 M | $14 M | $6,344 M | $6,316 M |
| #2 | United Arab Emirates | $1,477 M | $76 M | $1,553 M | $1,401 M |
| #3 | China | $54 M | $1,075 M | $1,129 M | −$1,021 M |
| #4 | Côte d’Ivoire | $169 M | $701 M | $870 M | −$532 M |
| #5 | Russia | $2 M | $751 M | $753 M | −$749 M |
| #6 | Ghana | $84 M | $573 M | $658 M | −$489 M |
| #7 | India | $174 M | $334 M | $508 M | −$160 M |
| #8 | Uganda | $433 M | $0 M | $433 M | $432 M |
| #9 | France | $21 M | $333 M | $353 M | −$312 M |
| #10 | Belgium | $14 M | $227 M | $241 M | −$212 M |
| #11 | Togo | $81 M | $134 M | $215 M | −$53 M |
| #12 | United States | $19 M | $184 M | $203 M | −$165 M |
| #13 | Senegal | $21 M | $147 M | $167 M | −$126 M |
| #14 | Mali | $130 M | $24 M | $154 M | $106 M |
| #15 | Japan | $40 M | $102 M | $143 M | −$62 M |
Products & sectors
Product composition of Burkina Faso's trade in 2024.
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Concentration & risk
Burkina Faso's export partners concentrated over 1995–2024 — HHI 0.226 → 0.474, a concentrated export base across 128 partners in 2024.
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| Year | Export HHI | Import HHI | Export partners | Import partners |
|---|---|---|---|---|
| 1995 | 0.226 | 0.114 | 65 | 109 |
| 1996 | 0.240 | 0.114 | 68 | 97 |
| 1997 | 0.066 | 0.105 | 88 | 110 |
| 1998 | 0.056 | 0.112 | 85 | 119 |
| 1999 | 0.075 | 0.098 | 84 | 128 |
| 2000 | 0.077 | 0.105 | 97 | 130 |
| 2001 | 0.074 | 0.086 | 98 | 115 |
| 2002 | 0.110 | 0.098 | 96 | 118 |
| 2003 | 0.138 | 0.097 | 89 | 107 |
| 2004 | 0.129 | 0.101 | 100 | 121 |
| 2005 | 0.136 | 0.084 | 107 | 137 |
| 2006 | 0.120 | 0.103 | 116 | 137 |
| 2007 | 0.076 | 0.080 | 103 | 132 |
| 2008 | 0.081 | 0.071 | 112 | 134 |
| 2009 | 0.123 | 0.064 | 123 | 144 |
| 2010 | 0.222 | 0.059 | 119 | 140 |
| 2011 | 0.329 | 0.047 | 122 | 148 |
| 2012 | 0.451 | 0.043 | 124 | 143 |
| 2013 | 0.470 | 0.050 | 124 | 148 |
| 2014 | 0.306 | 0.057 | 129 | 138 |
| 2015 | 0.342 | 0.050 | 124 | 149 |
| 2016 | 0.455 | 0.055 | 123 | 151 |
| 2017 | 0.382 | 0.058 | 122 | 160 |
| 2018 | 0.372 | 0.053 | 132 | 160 |
| 2019 | 0.377 | 0.056 | 131 | 163 |
| 2020 | 0.630 | 0.053 | 127 | 161 |
| 2021 | 0.584 | 0.052 | 140 | 161 |
| 2022 | 0.541 | 0.060 | 133 | 167 |
| 2023 | 0.529 | 0.067 | 125 | 161 |
| 2024 | 0.474 | 0.070 | 128 | 163 |
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