2022
Exports
$68.6kWorld Rnk 40 / 113
Flag Rnk 220 / 696
2022
Imports
$15.2kWorld Rnk 155 / 189
Flag Rnk 866 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $68.6k in Olive Oil, making it the 40th largest exporter of Olive Oil in the world. At the same year, Olive Oil was the 220th most exported product in Burkina Faso. The main destination of Olive Oil exports from Burkina Faso are: Liberia ($68.5k) and Netherlands ($70).

The fastest growing export markets for Olive Oil of Burkina Faso between N/A and 2022 were Liberia ($68.5k) and Netherlands ($70).

Imports In 2022, Burkina Faso imported $15.2k in Olive Oil, becoming the 155th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 866th most imported product in Burkina Faso. Burkina Faso imports Olive Oil primarily from: China ($7.82k), France ($7.19k), and Belgium ($169).

The fastest growing import markets in Olive Oil for Burkina Faso between 2021 and 2022 were China ($7.82k) and France ($7.19k).

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 Olive 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)$68.6k
IMPORTS (2022)$15.2k
NET TRADE (2022)$53.4k

In 2022, Burkina Faso exported $68.6k in Olive Oil. The main destinations of Burkina Faso exports on Olive Oil were Liberia ($68.5k) and Netherlands ($70).

In 2022, Burkina Faso imported $15.2k in Olive Oil, mainly from China ($7.82k), France ($7.19k), and Belgium ($169).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Olive Oil EXPORT MARKETS FOR Burkina Faso WERE (N/A - 2022):
Liberia$68.5k (1%)
Netherlands$70 (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 Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, Burkina Faso's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.03k
TOP IMPORT POTENTIALSpain+ $641

Olive Oil’s highest export potential is United States. With an export gap of $1.03k.   Olive Oil’s highest import potential is Spain with an import gap of $641.

See methodology.

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