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2022
Exports $2.36kWorld Rnk 72 / 99
Flag Rnk 487 / 696
falsefalse Belgium
2021 - 2022
FASTEST GROWING MARKETfalseBelgium
2022
PRODUCT COMPLEXITY IN Ground Nut Oil-1.93Rnk 993 / 1025
2022
Imports $5.55kWorld Rnk 129 / 185
Flag Rnk 936 / 1061
2021 - 2022
FASTEST GROWING ORIGINfalsefalse
2022
ECONOMIC COMPLEXITY of Burkina Faso-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $2.36k in Ground Nut Oil, making it the 72nd largest exporter of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 487th most exported product in Burkina Faso. The main destination of Ground Nut Oil exports from Burkina Faso are: Belgium ($2.27k), Cote d'Ivoire ($49), and Canada ($45).

The fastest growing export markets for Ground Nut Oil of Burkina Faso between 2021 and 2022 were Belgium ($473), Cote d'Ivoire ($49), and Canada ($45).

Imports In 2022, Burkina Faso imported $5.55k in Ground Nut Oil, becoming the 129th largest importer of Ground Nut Oil in the world. At the same year, Ground Nut Oil was the 936th most imported product in Burkina Faso. Burkina Faso imports Ground Nut Oil primarily from: France ($2.92k) and Italy ($2.63k).

Latest Trends

Nov 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 Ground Nut Oil. 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)$2.36k
IMPORTS (2022)$5.55k
NET TRADE (2022)-$3.19k

In 2022, Burkina Faso exported $2.36k in Ground Nut Oil. The main destinations of Burkina Faso exports on Ground Nut Oil were Belgium ($2.27k), Cote d'Ivoire ($49), and Canada ($45).

In 2022, Burkina Faso imported $5.55k in Ground Nut Oil, mainly from France ($2.92k) and Italy ($2.63k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nut Oil EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Belgium$473 (26.4%)
Cote d'Ivoire$49 (1%)
Canada$45 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nut Oil BY Burkina Faso WERE (2021 - 2022):
Mali-$28.9k (-100%)
Switzerland-$1.59k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burkina Faso's main exporting competitors in Ground Nut Oil were:
Brazil $277M
India $156M
Argentina $128M
In 2022, Burkina Faso's main importing competitors in Ground Nut Oil were:
China $475M
Italy $65.8M
United States $54.3M

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Trade Value of Ground Nut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $1.53k
TOP IMPORT POTENTIALIndia+ $592

Ground Nut Oil’s highest export potential is Belgium. With an export gap of $1.53k.   Ground Nut Oil’s highest import potential is India with an import gap of $592.

See methodology.

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