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Exports In 2023, Burundi exported $1.87M in Raw Iron Bars, making it the 100th largest exporter of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 5th most exported product in Burundi. The main destination of Raw Iron Bars exports from Burundi are: Tanzania ($1.87M).

The fastest growing export markets for Raw Iron Bars of Burundi between 2022 and 2023 were Tanzania ($771k).

Imports In 2023, Burundi imported $5.6M in Raw Iron Bars, becoming the 156th largest importer of Raw Iron Bars in the world. At the same year, Raw Iron Bars was the 32nd most imported product in Burundi. Burundi imports Raw Iron Bars primarily from: Kenya ($3.52M), Uganda ($1.22M), Tanzania ($547k), China ($268k), and Turkey ($35.4k).

The fastest growing import markets in Raw Iron Bars for Burundi between 2022 and 2023 were China ($259k) and South Africa ($2.17k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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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 Raw Iron Bars. 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)$1.87M
IMPORTS (2023)$5.6M
NET TRADE (2023)-$3.73M

In 2023, Burundi exported $1.87M in Raw Iron Bars. The main destinations of Burundi exports on Raw Iron Bars were Tanzania ($1.87M).

In 2023, Burundi imported $5.6M in Raw Iron Bars, mainly from Kenya ($3.52M), Uganda ($1.22M), Tanzania ($547k), China ($268k), and Turkey ($35.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Iron Bars EXPORT MARKETS FOR Burundi WERE (2022 - 2023):Tanzania$771k (70.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Iron Bars BY Burundi WERE (2022 - 2023):Democratic Republic of the Congo-$3.28M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Type
In 2023, Burundi's main exporting competitors in Raw Iron Bars were:
Turkey $2.16B
China $1.97B
In 2023, Burundi's main importing competitors in Raw Iron Bars were:

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Trade Value of Raw Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTanzania+ $341k
TOP IMPORT POTENTIALTurkey+ $484k

Raw Iron Bars’s highest export potential is Tanzania. With an export gap of $341k.   Raw Iron Bars’s highest import potential is Turkey with an import gap of $484k.

See methodology.

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