2022
Exports
$2.15MWorld Rnk 88 / 194
Flag Rnk 37 / 696
2022
PRODUCT COMPLEXITY IN Stone Processing Machines
0.41Rnk 405 / 1025
2022
Imports
$46.7MWorld Rnk 85 / 223
Flag Rnk 19 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $2.15M in Stone Processing Machines, making it the 88th largest exporter of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 37th most exported product in Burkina Faso. The main destination of Stone Processing Machines exports from Burkina Faso are: Liberia ($1.65M), Togo ($292k), Benin ($135k), Mali ($39.1k), and Ghana ($13.3k).

The fastest growing export markets for Stone Processing Machines of Burkina Faso between 2021 and 2022 were Liberia ($1.54M), Togo ($178k), and Netherlands ($9.27k).

Imports In 2022, Burkina Faso imported $46.7M in Stone Processing Machines, becoming the 85th largest importer of Stone Processing Machines in the world. At the same year, Stone Processing Machines was the 19th most imported product in Burkina Faso. Burkina Faso imports Stone Processing Machines primarily from: Germany ($10.1M), China ($6.28M), Indonesia ($4.02M), South Africa ($3.69M), and Netherlands ($2.93M).

The fastest growing import markets in Stone Processing Machines for Burkina Faso between 2021 and 2022 were Germany ($4.3M), Indonesia ($2.45M), and China ($2.19M).

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 Stone Processing Machines. 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)$2.15M
IMPORTS (2022)$46.7M
NET TRADE (2022)-$44.5M

In 2022, Burkina Faso exported $2.15M in Stone Processing Machines. The main destinations of Burkina Faso exports on Stone Processing Machines were Liberia ($1.65M), Togo ($292k), Benin ($135k), Mali ($39.1k), and Ghana ($13.3k).

In 2022, Burkina Faso imported $46.7M in Stone Processing Machines, mainly from Germany ($10.1M), China ($6.28M), Indonesia ($4.02M), South Africa ($3.69M), and Netherlands ($2.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Processing Machines EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Liberia$1.54M (1.44k%)
Togo$178k (156%)
Netherlands$9.27k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Stone Processing Machines BY Burkina Faso WERE (2021 - 2022):
Ghana-$522k (-97.5%)
Benin-$433k (-76.2%)
Cote d'Ivoire-$291k (-97.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burkina Faso's main exporting competitors in Stone Processing Machines were:
China $5.39B
Germany $2.15B
Italy $1.58B
In 2022, Burkina Faso's main importing competitors in Stone Processing Machines were:

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Trade Value of Stone Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBenin+ $89.1k
TOP IMPORT POTENTIALChina+ $2.73M

Stone Processing Machines’s highest export potential is Benin. With an export gap of $89.1k.   Stone Processing Machines’s highest import potential is China with an import gap of $2.73M.

See methodology.

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