2022
Exports
$9.42MWorld Rnk 29 / 101
Flag Rnk 16 / 696
2022
PRODUCT COMPLEXITY IN Prepared Explosives
-1.12Rnk 863 / 1025
2022
Imports
$41.4MWorld Rnk 5 / 166
Flag Rnk 25 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $9.42M in Prepared Explosives, making it the 29th largest exporter of Prepared Explosives in the world. At the same year, Prepared Explosives was the 16th most exported product in Burkina Faso. The main destination of Prepared Explosives exports from Burkina Faso are: Mali ($4.55M), Guinea ($3.16M), Cote d'Ivoire ($441k), Mauritania ($372k), and Ghana ($344k).

The fastest growing export markets for Prepared Explosives of Burkina Faso between 2021 and 2022 were Mauritania ($372k), Ghana ($344k), and Togo ($304k).

Imports In 2022, Burkina Faso imported $41.4M in Prepared Explosives, becoming the 5th largest importer of Prepared Explosives in the world. At the same year, Prepared Explosives was the 25th most imported product in Burkina Faso. Burkina Faso imports Prepared Explosives primarily from: Russia ($30.9M), Sweden ($6.59M), Ghana ($2.23M), Spain ($518k), and Norway ($361k).

The fastest growing import markets in Prepared Explosives for Burkina Faso between 2021 and 2022 were Russia ($11.3M), Sweden ($1.3M), and Norway ($361k).

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 Prepared Explosives. 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)$9.42M
IMPORTS (2022)$41.4M
NET TRADE (2022)-$32M

In 2022, Burkina Faso exported $9.42M in Prepared Explosives. The main destinations of Burkina Faso exports on Prepared Explosives were Mali ($4.55M), Guinea ($3.16M), Cote d'Ivoire ($441k), Mauritania ($372k), and Ghana ($344k).

In 2022, Burkina Faso imported $41.4M in Prepared Explosives, mainly from Russia ($30.9M), Sweden ($6.59M), Ghana ($2.23M), Spain ($518k), and Norway ($361k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Prepared Explosives EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Mauritania$372k (1%)
Ghana$344k (1%)
Togo$304k (848%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Prepared Explosives BY Burkina Faso WERE (2021 - 2022):
Guinea-$366k (-10.4%)
Niger-$308k (-92.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burkina Faso's main exporting competitors in Prepared Explosives were:
In 2022, Burkina Faso's main importing competitors in Prepared Explosives were:

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Trade Value of Prepared Explosives by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGhana+ $229k
TOP IMPORT POTENTIALSouth Africa+ $145k

Prepared Explosives’s highest export potential is Ghana. With an export gap of $229k.   Prepared Explosives’s highest import potential is South Africa with an import gap of $145k.

See methodology.

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