2023
Exports
$48World Rnk 137 / 150
Flag Rnk 715 / 748
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$2.06kWorld Rnk 136 / 159
Flag Rnk 984 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $48 in Crude Petroleum, making it the 137th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 715th most exported product in Burkina Faso. The main destination of Crude Petroleum exports from Burkina Faso are: France ($48).

The fastest growing export markets for Crude Petroleum of Burkina Faso between N/A and 2023 were France ($48).

Imports In 2023, Burkina Faso imported $2.06k in Crude Petroleum, becoming the 136th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 984th most imported product in Burkina Faso. Burkina Faso imports Crude Petroleum primarily from: China ($2.06k).

The fastest growing import markets in Crude Petroleum for Burkina Faso between N/A and 2023 were China ($2.06k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$48
IMPORTS (2023)$2.06k
NET TRADE (2023)-$2.01k

In 2023, Burkina Faso exported $48 in Crude Petroleum. The main destinations of Burkina Faso exports on Crude Petroleum were France ($48).

In 2023, Burkina Faso imported $2.06k in Crude Petroleum, mainly from China ($2.06k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Burkina Faso WERE (N/A - 2023):France$48 (1%)

Change in Exports by Market (2020 - 2023)

Market Concentration

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Flow
Type
In 2023, Burkina Faso's main exporting competitors in Crude Petroleum were:
In 2023, Burkina Faso's main importing competitors in Crude Petroleum were:

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.45k
TOP IMPORT POTENTIALNigeria+ $1k

Crude Petroleum’s highest export potential is China. With an export gap of $1.45k.   Crude Petroleum’s highest import potential is Nigeria with an import gap of $1k.

See methodology.

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