2021
Exports | Imports
$7.71B | $4.14kWorld Rnk 14 / 172
Flag Rnk 1 / 636 | World Rnk 165 / 176
Flag Rnk 945 / 1050
2021
ECONOMIC COMPLEXITY of Burkina Faso
-1.79Rnk 127 / 131
2021
PRODUCT COMPLEXITY IN Gold
-2.48Rnk 1018 / 1024

About

Exports In 2021, Burkina Faso exported $7.71B in Gold, making it the 14th largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Burkina Faso. The main destination of Gold exports from Burkina Faso are: Switzerland ($6.72B), India ($935M), Rwanda ($22.2M), United Arab Emirates ($19M), and Italy ($5.11M).

The fastest growing export markets for Gold of Burkina Faso between 2020 and 2021 were Switzerland ($338M), India ($332M), and United Arab Emirates ($11.7M).

Imports In 2021, Burkina Faso imported $4.14k in Gold, becoming the 165th largest importer of Gold in the world. At the same year, Gold was the 945th most imported product in Burkina Faso. Burkina Faso imports Gold primarily from: Australia ($4.14k).

The fastest growing import markets in Gold for Burkina Faso between 2020 and 2021 were Australia ($3.37k).

Latest Trends

Oct 2023

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 Gold. 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 (2021)$7.71B
IMPORTS (2021)$4.14k
NET TRADE (2021)$7.71B

In 2021, Burkina Faso exported $7.71B in Gold. The main destinations of Burkina Faso exports on Gold were Switzerland ($6.72B), India ($935M), Rwanda ($22.2M), United Arab Emirates ($19M), and Italy ($5.11M).

In 2021, Burkina Faso imported $4.14k in Gold, mainly from Australia ($4.14k).

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Export Destinations (2021)

Import Origins (2021)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Burkina Faso WERE (2020 - 2021):
Switzerland$338M (5.29%)
India$332M (55%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Burkina Faso WERE (2020 - 2021):
Uganda-$131M (-100%)
Rwanda-$97.2M (-81.4%)
Belgium-$1.66M (-41.1%)

Change in Exports by Market (2020 - 2021)

Market Concentration

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Flow
Type
In 2021, Burkina Faso's main exporting competitors in Gold were:
In 2021, Burkina Faso's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

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