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Pricing

2023
Flag → Flag
Exports $59.1MRnk 88 / 211
2023
Flag → Flag
Top Product $6.59MHot-Rolled Iron Bars
2023
Flag → Flag
Exports $1.04MRnk 41 / 125
2023
Flag → Flag
Top Product $336kQuaternary Ammonium Salts and Hydroxides
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $6,023CURRENT US$
Rnk 113 / 195
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

South Africa-Burkina Faso Trade: In 2023, South Africa exported $59.1M to Burkina Faso. The main products that South Africa exported to Burkina Faso were Hot-Rolled Iron Bars ($6.59M), Cars ($5.47M), and Stone Processing Machines ($4.14M). Over the past 5 years the exports of South Africa to Burkina Faso have decreased at an annualized rate of 2.24%, from $66.2M in 2018 to $59.1M in 2023.

In 2023, South Africa did not export any services to Burkina Faso.

Burkina Faso-South Africa Trade: In 2023, Burkina Faso exported $1.04M to South Africa. The main products that Burkina Faso exported to South Africa were Quaternary Ammonium Salts and Hydroxides ($336k), Refined Petroleum ($250k), and Iron Fasteners ($158k). Over the past 5 years the exports of Burkina Faso to South Africa have decreased at an annualized rate of 9.43%,  from $1.71M in 2018 to $1.04M in 2023.

In 2023, Burkina Faso did not export any services to South Africa.

Comparison: In 2023,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Latest Trends

November, 2024

About

Overview In November 2024, South Africa exported ZAR60.7M and imported ZAR20.5k from Burkina Faso, resulting in a positive trade balance of ZAR60.7M. Between November 2023 and November 2024 the exports of South Africa have increased by ZAR24.4M (67%) from ZAR36.3M to ZAR60.7M, while imports decreased by ZAR-30.2k (-59.6%) from ZAR50.7k to ZAR20.5k.

Trade In November 2024, the top exports of South Africa to Burkina Faso were Hot-Rolled Iron Bars (ZAR32.3M), Delivery Trucks (ZAR3.02M), Work Trucks (ZAR2.92M), Stone Processing Machines (ZAR1.45M), and Other Heating Machinery (ZAR1.43M). In November 2024 the top imports of South Africa from Burkina Faso were Other Measuring Instruments (ZAR34.4k), Liquid Pumps (ZAR17.2k), Light Synthetic Cotton Fabrics (ZAR2.91k), Utility Meters (ZAR920), and Precious Metal Ore (ZAR861).

Origins In November 2024 the exports of South Africa were mainly from Durban (ZAR27.2M), Johannesburg (ZAR13.5M), Cape Town (ZAR8.12M), O.R. Tambo Int Airport (ZAR5.18M), and Pretoria (ZAR4.04M), while imports destinations were mainly O.R. Tambo Int Airport (ZAR20.5k).

Growth In November 2024, the increase in South Africa's year-by-year exports to Burkina Faso was explained primarily by an increase in product exports in Delivery Trucks (ZAR2.48M or 464%), Other Rubber Products (ZAR887k or 2.87k%), and Transmissions (ZAR334k or 64.5%). In November 2024, the decrease in South Africa's year-by-year imports  from Burkina Faso was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)ZAR24.4M(67%)
IMPORT GROWTH (November 2023 - November 2024)ZAR-30.2k(-59.6%)
MAIN EXPORTER (November 2024)DurbanZAR27.2M

This section shows exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of South Africa over time.

To check Burkina Faso and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burkina Faso and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Africa exported $59.1M to Burkina Faso. The main products exported from South Africa to Burkina Faso were Hot-Rolled Iron Bars ($6.59M), Cars ($5.47M), and Stone Processing Machines ($4.14M). During the last 5 years the exports of South Africa to Burkina Faso have decreased at an annualized rate of 2.24%, from $66.2M in 2018 to $59.1M in 2023.

In 2018, Burkina Faso exported $1.04M to South Africa. The main products exported from Burkina Faso to South Africa were Quaternary Ammonium Salts and Hydroxides ($336k), Refined Petroleum ($250k), and Iron Fasteners ($158k). During the last 5 years the exports of Burkina Faso to South Africa have decreased at an annualized rate of 9.43%, from $1.71M in 2023 to $1.04M in 2018.

Exports from South Africa (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to South Africa (Flag) (2023)

Market Competitiveness

Color
South Africa
Top DestinationChina$29.5B
Burkina Faso
Top DestinationSwitzerland$6B

This map shows whether countries import more from South Africa or Burkina Faso. Each country is colored based on the difference in imports they receive from South Africa and Burkina Faso or the difference in the growth in imports.

In 2023, countries that imported more from South Africa than Burkina Faso included China ($29.5B), United States ($13B), and Germany ($10.8B).

In 2023, countries that imported more from Burkina Faso than South Africa included Switzerland ($6B), Mali ($268M), and Togo ($114M).

Difference in imports from Burkina Faso (Flag) and South Africa (Flag) (2023)

Comparative Advantage South Africa - Burkina Faso

Flow
Scale

This chart compares trade between South Africa and Burkina Faso by product, considering products traded by both, South Africa and Burkina Faso.

During 2023, South Africa had a large net trade with Burkina Faso in the exports of Machines ($20.8M), Metals ($9.66M), and Transportation ($7.34M).

During 2018, Burkina Faso had a large net trade with South Africa in the exports of Chemical Products ($336k), Metals ($325k), and Mineral Products ($251k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Burkina Faso+$2.77MCars
Top Product Potential Burkina Faso South Africa+$918kRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of South Africa and Burkina Faso. This means that a dot/product with the flag of South Africa indicates it has a comparative advantage over Burkina Faso. Similarly, a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over South Africa.

Product Space of South Africa (Flag) and Burkina Faso (Flag) (2023)

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