2022
Exports
$71.9kWorld Rnk 129 / 166
Flag Rnk 213 / 696
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$39.7MWorld Rnk 78 / 224
Flag Rnk 28 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $71.9k in Concentrated Milk, making it the 129th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 213th most exported product in Burkina Faso. The main destination of Concentrated Milk exports from Burkina Faso are: Cote d'Ivoire ($38.3k), Benin ($33.1k), and Niger ($431).

The fastest growing export markets for Concentrated Milk of Burkina Faso between 2021 and 2022 were Niger ($431).

Imports In 2022, Burkina Faso imported $39.7M in Concentrated Milk, becoming the 78th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 28th most imported product in Burkina Faso. Burkina Faso imports Concentrated Milk primarily from: Netherlands ($13.4M), Togo ($10.4M), Ireland ($4.9M), Cote d'Ivoire ($3.76M), and France ($2.16M).

The fastest growing import markets in Concentrated Milk for Burkina Faso between 2021 and 2022 were Ireland ($2.14M), Netherlands ($1.63M), and Argentina ($1.08M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Concentrated Milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$71.9k
IMPORTS (2022)$39.7M
NET TRADE (2022)-$39.6M

In 2022, Burkina Faso exported $71.9k in Concentrated Milk. The main destinations of Burkina Faso exports on Concentrated Milk were Cote d'Ivoire ($38.3k), Benin ($33.1k), and Niger ($431).

In 2022, Burkina Faso imported $39.7M in Concentrated Milk, mainly from Netherlands ($13.4M), Togo ($10.4M), Ireland ($4.9M), Cote d'Ivoire ($3.76M), and France ($2.16M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):Niger$431 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Burkina Faso WERE (2021 - 2022):
Cote d'Ivoire-$25.9k (-40.3%)
Benin-$24.6k (-42.6%)
Togo-$7.61k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burkina Faso's main exporting competitors in Concentrated Milk were:
In 2022, Burkina Faso's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCote d'Ivoire+ $8.63k
TOP IMPORT POTENTIALFrance+ $701k

Concentrated Milk’s highest export potential is Cote d'Ivoire. With an export gap of $8.63k.   Concentrated Milk’s highest import potential is France with an import gap of $701k.

See methodology.

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