2023
Exports
falseWorld Rnk 163 / 223
Flag Rnk 255 / 748
2023
PRODUCT COMPLEXITY IN Insulated Wire
-0.48Rnk 691 / 1025
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $54.8k in Insulated Wire, making it the 163rd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 255th most exported product in Burkina Faso. The main destination of Insulated Wire exports from Burkina Faso are: Turkey ($17.5k), Mauritania ($8.6k), Singapore ($7.51k), Niger ($4.95k), and Ghana ($4.18k).

The fastest growing export markets for Insulated Wire of Burkina Faso between 2022 and 2023 were Turkey ($17.5k), Mauritania ($8.6k), and Singapore ($7.51k).

The fastest growing import markets in Insulated Wire for Burkina Faso between 2022 and 2023 were India ($2.93M), Turkey ($2.43M), and Morocco ($1.8M).

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 Insulated Wire. 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)$54.8k

In 2023, Burkina Faso exported $54.8k in Insulated Wire. The main destinations of Burkina Faso exports on Insulated Wire were Turkey ($17.5k), Mauritania ($8.6k), Singapore ($7.51k), Niger ($4.95k), and Ghana ($4.18k).

In N/A, Burkina Faso imported N/A in Insulated Wire, mainly from China ($10.1M), Turkey ($8.78M), Morocco ($5.25M), India ($3.68M), and France ($2.38M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Burkina Faso WERE (2022 - 2023):
Turkey$17.5k (1%)
Mauritania$8.6k (1%)
Singapore$7.51k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Burkina Faso WERE (2022 - 2023):
France-$30.4k (-96.9%)
Cote d'Ivoire-$9.83k (-96.2%)
Benin-$9.31k (-81.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALFrance+ $72.4k
TOP IMPORT POTENTIALChina+ $5.88M

Insulated Wire’s highest export potential is France. With an export gap of $72.4k.   Insulated Wire’s highest import potential is China with an import gap of $5.88M.

See methodology.

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