2022
Exports
$842kWorld Rnk 46 / 109
Flag Rnk 55 / 696
2022
PRODUCT COMPLEXITY IN Nitrites and Nitrates
-0.15Rnk 597 / 1025
2022
Imports
$4.67MWorld Rnk 49 / 183
Flag Rnk 154 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $842k in Nitrites and Nitrates, making it the 46th largest exporter of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 55th most exported product in Burkina Faso. The main destination of Nitrites and Nitrates exports from Burkina Faso are: Mali ($603k), Guinea ($167k), Ghana ($37.9k), Cote d'Ivoire ($32.9k), and Niger ($1.61k).

The fastest growing export markets for Nitrites and Nitrates of Burkina Faso between 2021 and 2022 were Guinea ($167k), Mali ($162k), and Ghana ($37.9k).

Imports In 2022, Burkina Faso imported $4.67M in Nitrites and Nitrates, becoming the 49th largest importer of Nitrites and Nitrates in the world. At the same year, Nitrites and Nitrates was the 154th most imported product in Burkina Faso. Burkina Faso imports Nitrites and Nitrates primarily from: South Africa ($2.76M), Norway ($916k), Malaysia ($563k), Belgium ($291k), and Ghana ($77.8k).

The fastest growing import markets in Nitrites and Nitrates for Burkina Faso between 2021 and 2022 were South Africa ($2.74M), Norway ($916k), and Malaysia ($563k).

Latest Trends

Sep 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 Nitrites and Nitrates. 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)$842k
IMPORTS (2022)$4.67M
NET TRADE (2022)-$3.82M

In 2022, Burkina Faso exported $842k in Nitrites and Nitrates. The main destinations of Burkina Faso exports on Nitrites and Nitrates were Mali ($603k), Guinea ($167k), Ghana ($37.9k), Cote d'Ivoire ($32.9k), and Niger ($1.61k).

In 2022, Burkina Faso imported $4.67M in Nitrites and Nitrates, mainly from South Africa ($2.76M), Norway ($916k), Malaysia ($563k), Belgium ($291k), and Ghana ($77.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrites and Nitrates EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Guinea$167k (1%)
Mali$162k (36.7%)
Ghana$37.9k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burkina Faso's main exporting competitors in Nitrites and Nitrates were:
Chile $587M
China $269M
In 2022, Burkina Faso's main importing competitors in Nitrites and Nitrates were:

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Trade Value of Nitrites and Nitrates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGhana+ $26.5k
TOP IMPORT POTENTIALChina+ $48.6k

Nitrites and Nitrates’s highest export potential is Ghana. With an export gap of $26.5k.   Nitrites and Nitrates’s highest import potential is China with an import gap of $48.6k.

See methodology.

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