2022
Exports
$5.17MWorld Rnk 56 / 144
Flag Rnk 19 / 696
2022
PRODUCT COMPLEXITY IN Silver
-0.98Rnk 832 / 1025
2022
Imports
$11.6kWorld Rnk 144 / 182
Flag Rnk 887 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $5.17M in Silver, making it the 56th largest exporter of Silver in the world. At the same year, Silver was the 19th most exported product in Burkina Faso. The main destination of Silver exports from Burkina Faso are: Switzerland ($4.66M), United Arab Emirates ($259k), Mali ($202k), France ($25.3k), and India ($23.5k).

The fastest growing export markets for Silver of Burkina Faso between 2021 and 2022 were United Arab Emirates ($259k), Mali ($202k), and France ($25.3k).

Imports In 2022, Burkina Faso imported $11.6k in Silver, becoming the 144th largest importer of Silver in the world. At the same year, Silver was the 887th most imported product in Burkina Faso. Burkina Faso imports Silver primarily from: France ($7.09k), Spain ($2.75k), Belgium ($1.03k), and Australia ($729).

The fastest growing import markets in Silver for Burkina Faso between 2021 and 2022 were France ($2.43k), Spain ($1.96k), and Belgium ($1.03k).

Latest Trends

Oct 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 Silver. 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)$5.17M
IMPORTS (2022)$11.6k
NET TRADE (2022)$5.16M

In 2022, Burkina Faso exported $5.17M in Silver. The main destinations of Burkina Faso exports on Silver were Switzerland ($4.66M), United Arab Emirates ($259k), Mali ($202k), France ($25.3k), and India ($23.5k).

In 2022, Burkina Faso imported $11.6k in Silver, mainly from France ($7.09k), Spain ($2.75k), Belgium ($1.03k), and Australia ($729).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silver EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Mali$202k (1%)
France$25.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silver BY Burkina Faso WERE (2021 - 2022):
Switzerland-$1.41M (-23.2%)
India-$1.14M (-98%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silver by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $1.16M
TOP IMPORT POTENTIALSpain+ $4.32k

Silver’s highest export potential is Switzerland. With an export gap of $1.16M.   Silver’s highest import potential is Spain with an import gap of $4.32k.

See methodology.

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