2023
Exports
$2.19MWorld Rnk 47 / 164
Flag Rnk 36 / 748
2023
PRODUCT COMPLEXITY IN Drilling Machines
1.11Rnk 139 / 1025
2023
Imports
$406kWorld Rnk 129 / 213
Flag Rnk 448 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $2.19M in Drilling Machines, making it the 47th largest exporter of Drilling Machines in the world. At the same year, Drilling Machines was the 36th most exported product in Burkina Faso. The main destination of Drilling Machines exports from Burkina Faso are: Ghana ($2.19M).

The fastest growing export markets for Drilling Machines of Burkina Faso between 2022 and 2023 were Ghana ($2.18M).

Imports In 2023, Burkina Faso imported $406k in Drilling Machines, becoming the 129th largest importer of Drilling Machines in the world. At the same year, Drilling Machines was the 448th most imported product in Burkina Faso. Burkina Faso imports Drilling Machines primarily from: China ($101k), France ($76.4k), United States ($65k), United Kingdom ($62k), and Peru ($46.9k).

The fastest growing import markets in Drilling Machines for Burkina Faso between 2022 and 2023 were United States ($55.5k), Peru ($46.9k), and Togo ($38.6k).

Latest Trends

Dec 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 Drilling Machines. 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 (2023)$2.19M
IMPORTS (2023)$406k
NET TRADE (2023)$1.79M

In 2023, Burkina Faso exported $2.19M in Drilling Machines. The main destinations of Burkina Faso exports on Drilling Machines were Ghana ($2.19M).

In 2023, Burkina Faso imported $406k in Drilling Machines, mainly from China ($101k), France ($76.4k), United States ($65k), United Kingdom ($62k), and Peru ($46.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Drilling Machines EXPORT MARKETS FOR Burkina Faso WERE (2022 - 2023):Ghana$2.18M (34.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Drilling Machines BY Burkina Faso WERE (2022 - 2023):United Kingdom-$29.4k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Drilling Machines by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $13.6k
TOP IMPORT POTENTIALChina+ $43.4k

Drilling Machines’s highest export potential is United Kingdom. With an export gap of $13.6k.   Drilling Machines’s highest import potential is China with an import gap of $43.4k.

See methodology.

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