2022
Exports
$2.03MWorld Rnk 45 / 149
Flag Rnk 39 / 696
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$154kWorld Rnk 145 / 201
Flag Rnk 581 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $2.03M in Ground Nuts, making it the 45th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 39th most exported product in Burkina Faso. The main destination of Ground Nuts exports from Burkina Faso are: Ghana ($1.12M), Togo ($210k), Guinea ($177k), Senegal ($171k), and Benin ($133k).

The fastest growing export markets for Ground Nuts of Burkina Faso between 2021 and 2022 were Ghana ($1.04M), Guinea ($113k), and Belgium ($64.6k).

Imports In 2022, Burkina Faso imported $154k in Ground Nuts, becoming the 145th largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 581st most imported product in Burkina Faso. Burkina Faso imports Ground Nuts primarily from: Cote d'Ivoire ($131k), Niger ($22.3k), and Ghana ($406).

The fastest growing import markets in Ground Nuts for Burkina Faso between 2021 and 2022 were Cote d'Ivoire ($127k) and Niger ($22.3k).

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 Nuts. 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)$2.03M
IMPORTS (2022)$154k
NET TRADE (2022)$1.88M

In 2022, Burkina Faso exported $2.03M in Ground Nuts. The main destinations of Burkina Faso exports on Ground Nuts were Ghana ($1.12M), Togo ($210k), Guinea ($177k), Senegal ($171k), and Benin ($133k).

In 2022, Burkina Faso imported $154k in Ground Nuts, mainly from Cote d'Ivoire ($131k), Niger ($22.3k), and Ghana ($406).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Ghana$1.04M (1.33k%)
Guinea$113k (177%)
Belgium$64.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ground Nuts BY Burkina Faso WERE (2021 - 2022):
Benin-$628k (-82.5%)
Togo-$496k (-70.3%)
Senegal-$365k (-68%)

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 Nuts were:
In 2022, Burkina Faso's main importing competitors in Ground Nuts were:

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $71.6k
TOP IMPORT POTENTIALCote d'Ivoire+ $1.07k

Ground Nuts’s highest export potential is Germany. With an export gap of $71.6k.   Ground Nuts’s highest import potential is Cote d'Ivoire with an import gap of $1.07k.

See methodology.

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