2022
Exports
$479kWorld Rnk 95 / 194
Flag Rnk 77 / 696
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$409kWorld Rnk 160 / 223
Flag Rnk 444 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $479k in Spices, making it the 95th largest exporter of Spices in the world. At the same year, Spices was the 77th most exported product in Burkina Faso. The main destination of Spices exports from Burkina Faso are: Germany ($436k), United Kingdom ($33.1k), Niger ($2.38k), France ($1.38k), and Finland ($1.33k).

The fastest growing export markets for Spices of Burkina Faso between 2021 and 2022 were United Kingdom ($33.1k), Finland ($1.33k), and Belgium ($1.16k).

Imports In 2022, Burkina Faso imported $409k in Spices, becoming the 160th largest importer of Spices in the world. At the same year, Spices was the 444th most imported product in Burkina Faso. Burkina Faso imports Spices primarily from: India ($122k), Cote d'Ivoire ($74.5k), Turkey ($45.1k), Lebanon ($38.7k), and China ($23.9k).

The fastest growing import markets in Spices for Burkina Faso between 2021 and 2022 were India ($43.1k), Cote d'Ivoire ($19.4k), and Egypt ($14.8k).

Latest Trends

Aug 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 Spices. 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)$479k
IMPORTS (2022)$409k
NET TRADE (2022)$69.5k

In 2022, Burkina Faso exported $479k in Spices. The main destinations of Burkina Faso exports on Spices were Germany ($436k), United Kingdom ($33.1k), Niger ($2.38k), France ($1.38k), and Finland ($1.33k).

In 2022, Burkina Faso imported $409k in Spices, mainly from India ($122k), Cote d'Ivoire ($74.5k), Turkey ($45.1k), Lebanon ($38.7k), and China ($23.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
United Kingdom$33.1k (1%)
Finland$1.33k (1%)
Belgium$1.16k (770%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Burkina Faso WERE (2021 - 2022):
Germany-$190k (-30.3%)
Niger-$22.4k (-90.4%)
United States-$20.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $180k
TOP IMPORT POTENTIALIndia+ $76.3k

Spices’s highest export potential is Germany. With an export gap of $180k.   Spices’s highest import potential is India with an import gap of $76.3k.

See methodology.

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