2023
Exports
$1.05MWorld Rnk 82 / 184
Flag Rnk 58 / 748
2023
PRODUCT COMPLEXITY IN Rice
-2.01Rnk 999 / 1025
2023
Imports
$124MWorld Rnk 65 / 223
Flag Rnk 5 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $1.05M in Rice, making it the 82nd largest exporter of Rice in the world. At the same year, Rice was the 58th most exported product in Burkina Faso. The main destination of Rice exports from Burkina Faso are: Guinea ($663k), Niger ($324k), Ghana ($28.8k), Liberia ($14.8k), and Mali ($10.6k).

The fastest growing export markets for Rice of Burkina Faso between 2022 and 2023 were Guinea ($663k), Niger ($324k), and Ghana ($20.9k).

Imports In 2023, Burkina Faso imported $124M in Rice, becoming the 65th largest importer of Rice in the world. At the same year, Rice was the 5th most imported product in Burkina Faso. Burkina Faso imports Rice primarily from: India ($99.5M), Thailand ($16.6M), Vietnam ($2.81M), United States ($2.57M), and Cote d'Ivoire ($1.18M).

The fastest growing import markets in Rice for Burkina Faso between 2022 and 2023 were Thailand ($10.5M), Vietnam ($2.09M), and Togo ($119k).

Latest Trends

Dec 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 Rice. 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)$1.05M
IMPORTS (2023)$124M
NET TRADE (2023)-$123M

In 2023, Burkina Faso exported $1.05M in Rice. The main destinations of Burkina Faso exports on Rice were Guinea ($663k), Niger ($324k), Ghana ($28.8k), Liberia ($14.8k), and Mali ($10.6k).

In 2023, Burkina Faso imported $124M in Rice, mainly from India ($99.5M), Thailand ($16.6M), Vietnam ($2.81M), United States ($2.57M), and Cote d'Ivoire ($1.18M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Burkina Faso WERE (2022 - 2023):
Guinea$663k (1%)
Niger$324k (1%)
Ghana$20.9k (264%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Burkina Faso WERE (2022 - 2023):
Benin-$154k (-95.2%)
Liberia-$57.9k (-79.7%)
Togo-$27.6k (-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 Rice were:
In 2023, Burkina Faso's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBenin+ $121k
TOP IMPORT POTENTIALPakistan+ $1.59M

Rice’s highest export potential is Benin. With an export gap of $121k.   Rice’s highest import potential is Pakistan with an import gap of $1.59M.

See methodology.

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