2023
Exports
$1.09MWorld Rnk 137 / 214
Flag Rnk 56 / 748
2023
PRODUCT COMPLEXITY IN Packaged Medicaments
0.63Rnk 313 / 1025
2023
Imports
$165MWorld Rnk 120 / 226
Flag Rnk 4 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $1.09M in Packaged Medicaments, making it the 137th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 56th most exported product in Burkina Faso. The main destination of Packaged Medicaments exports from Burkina Faso are: Ghana ($528k), Togo ($209k), Mali ($197k), Gabon ($76.2k), and Saudi Arabia ($30.3k).

The fastest growing export markets for Packaged Medicaments of Burkina Faso between 2022 and 2023 were Ghana ($524k), Togo ($197k), and Saudi Arabia ($30.3k).

Imports In 2023, Burkina Faso imported $165M in Packaged Medicaments, becoming the 120th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Burkina Faso. Burkina Faso imports Packaged Medicaments primarily from: France ($70.8M), India ($46.4M), China ($16.2M), Ghana ($3.9M), and Germany ($3.18M).

The fastest growing import markets in Packaged Medicaments for Burkina Faso between 2022 and 2023 were Germany ($1.66M), Netherlands ($1.18M), and Italy ($742k).

Latest Trends

Jan 2025

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 Packaged Medicaments. 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)$1.09M
IMPORTS (2023)$165M
NET TRADE (2023)-$164M

In 2023, Burkina Faso exported $1.09M in Packaged Medicaments. The main destinations of Burkina Faso exports on Packaged Medicaments were Ghana ($528k), Togo ($209k), Mali ($197k), Gabon ($76.2k), and Saudi Arabia ($30.3k).

In 2023, Burkina Faso imported $165M in Packaged Medicaments, mainly from France ($70.8M), India ($46.4M), China ($16.2M), Ghana ($3.9M), and Germany ($3.18M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Burkina Faso WERE (2022 - 2023):
Ghana$524k (13k%)
Togo$197k (1.65k%)
Saudi Arabia$30.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Burkina Faso WERE (2022 - 2023):
Cote d'Ivoire-$165k (-95%)
Niger-$135k (-86.4%)
Slovakia-$72.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCote d'Ivoire+ $173k
TOP IMPORT POTENTIALIndia+ $8.79M

Packaged Medicaments’s highest export potential is Cote d'Ivoire. With an export gap of $173k.   Packaged Medicaments’s highest import potential is India with an import gap of $8.79M.

See methodology.

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