2023
Exports
$664kWorld Rnk 51 / 114
Flag Rnk 78 / 748
2023
Imports
$7.96MWorld Rnk 21 / 192
Flag Rnk 108 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $664k in Densified Wood, making it the 51st largest exporter of Densified Wood in the world. At the same year, Densified Wood was the 78th most exported product in Burkina Faso. The main destination of Densified Wood exports from Burkina Faso are: Ghana ($623k) and China ($40.4k).

The fastest growing export markets for Densified Wood of Burkina Faso between N/A and 2023 were Ghana ($623k) and China ($40.4k).

Imports In 2023, Burkina Faso imported $7.96M in Densified Wood, becoming the 21st largest importer of Densified Wood in the world. At the same year, Densified Wood was the 108th most imported product in Burkina Faso. Burkina Faso imports Densified Wood primarily from: Ghana ($7.96M), China ($3.4k), Benin ($2.45k), Cote d'Ivoire ($247), and Morocco ($177).

The fastest growing import markets in Densified Wood for Burkina Faso between 2022 and 2023 were Ghana ($5.3M), China ($3.4k), and Cote d'Ivoire ($247).

Historical Data

Trade Balance

Color
EXPORTS (2023)$664k
IMPORTS (2023)$7.96M
NET TRADE (2023)-$7.3M

In 2023, Burkina Faso exported $664k in Densified Wood. The main destinations of Burkina Faso exports on Densified Wood were Ghana ($623k) and China ($40.4k).

In 2023, Burkina Faso imported $7.96M in Densified Wood, mainly from Ghana ($7.96M), China ($3.4k), Benin ($2.45k), Cote d'Ivoire ($247), and Morocco ($177).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Densified Wood EXPORT MARKETS FOR Burkina Faso WERE (N/A - 2023):
Ghana$623k (1%)
China$40.4k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Burkina Faso's main exporting competitors in Densified Wood were:
Germany $67.6M
Angola $37.5M
In 2023, Burkina Faso's main importing competitors in Densified Wood were:

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Trade Value of Densified Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $361
TOP IMPORT POTENTIALItaly+ $1.16k

Densified Wood’s highest export potential is United States. With an export gap of $361.   Densified Wood’s highest import potential is Italy with an import gap of $1.16k.

See methodology.

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