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Pricing

2022
Flag → Flag
Exports $214MRnk 130 / 219
2022
Flag → Flag
Top Product $92MPetroleum Gas
2022
Flag → Flag
Exports $45.3MRnk 11 / 131
2022
Flag → Flag
Top Product $37.5MRaw Cotton
2022
Flag
Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC $76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

United States-Burkina Faso Trade: In 2022, United States exported $214M to Burkina Faso. The main products that United States exported to Burkina Faso were Petroleum Gas ($92M), Rubber Tires ($13.7M), and Vaccines, blood, antisera, toxins and cultures ($9.09M). Over the past 5 years the exports of United States to Burkina Faso have increased at an annualized rate of 4.23%, from $174M in 2017 to $214M in 2022.

In 2022, United States did not export any services to Burkina Faso.

Burkina Faso-United States Trade: In 2022, Burkina Faso exported $45.3M to United States. The main products that Burkina Faso exported to United States were Raw Cotton ($37.5M), Refined Petroleum ($2.69M), and Tropical Fruits ($1.67M). Over the past 5 years the exports of Burkina Faso to United States have increased at an annualized rate of 57.1%,  from $4.73M in 2017 to $45.3M in 2022.

In 2022, Burkina Faso did not export any services to United States.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Company data: In 2023, leading companies such as were at the forefront of exporting goods from Burkina Faso to the United States. Conversely, were notable for importing products to Burkina Faso from the United States.

Latest Trends

July, 2024

About

Overview In July 2024, United States exported $5M and imported $120k from Burkina Faso, resulting in a positive trade balance of $4.88M. Between July 2023 and July 2024 the exports of United States have increased by $973k (24.2%) from $4.02M to $5M, while imports decreased by $-179k (-59.8%) from $299k to $120k.

Trade In July 2024, the top exports of United States to Burkina Faso were Rubber Tires ($1.33M), Aircraft Parts ($889k), Polymer Ion-Exchangers ($448k), Medical Instruments ($342k), and Commodities not elsewhere specified ($320k). In July 2024 the top imports of United States from Burkina Faso were Motor vehicles; parts and accessories (8701... ($39.5k), Commodities not elsewhere specified ($3.13k), Sowing Seeds ($2.26k), and Medical Furniture ($698).

Origins In July 2024 the exports of United States were mainly from South Carolina ($1.5M), Florida ($790k), California ($641k), Texas ($473k), and Virginia ($311k), while imports destinations were mainly Illinois ($44k), Mississippi ($23k), Texas ($11.5k), Maryland ($11.4k), and Tennessee ($9.11k).

Growth In July 2024, the increase in United States's year-by-year exports to Burkina Faso was explained primarily by an increase in product exports in Rubber Tires ($894k or 203%), Aircraft Parts ($870k or 4.58k%), and Medical Instruments ($299k or 692%). In July 2024, the decrease in United States's year-by-year imports  from Burkina Faso was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)$973k(24.2%)
IMPORT GROWTH (July 2023 - July 2024)$-179k(-59.8%)
MAIN EXPORTER (July 2024)South Carolina$1.5M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Burkina Faso and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $214M to Burkina Faso. The main products exported from United States to Burkina Faso were Petroleum Gas ($92M), Rubber Tires ($13.7M), and Vaccines, blood, antisera, toxins and cultures ($9.09M). During the last 5 years the exports of United States to Burkina Faso have increased at an annualized rate of 4.23%, from $174M in 2017 to $214M in 2022.

In 2017, Burkina Faso exported $45.3M to United States. The main products exported from Burkina Faso to United States were Raw Cotton ($37.5M), Refined Petroleum ($2.69M), and Tropical Fruits ($1.67M). During the last 5 years the exports of Burkina Faso to United States have increased at an annualized rate of 57.1%, from $4.73M in 2022 to $45.3M in 2017.

Exports from United States (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to United States (Flag) (2022)

Market Competitiveness

Color
United States
Top DestinationCanada$308B
Burkina Faso
Top DestinationSwitzerland$6.08B

This map shows whether countries import more from United States or Burkina Faso. Each country is colored based on the difference in imports they receive from United States and Burkina Faso or the difference in the growth in imports.

In 2022, countries that imported more from United States than Burkina Faso included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from Burkina Faso than United States included Mali ($304M) and North Korea ($70.9k).

Difference in imports from Burkina Faso (Flag) and United States (Flag) (2022)

Comparative Advantage United States - Burkina Faso

Flow
Scale

This chart compares trade between United States and Burkina Faso by product, considering products traded by both, United States and Burkina Faso.

During 2022, United States had a large net trade with Burkina Faso in the exports of Mineral Products ($97.4M), Machines ($42.3M), and Plastics and Rubbers ($22.4M).

During 2017, Burkina Faso had a large net trade with United States in the exports of Textiles ($38.1M), Vegetable Products ($2.99M), and Mineral Products ($2.69M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Burkina Faso+$8.1MRefined Petroleum
Top Product Potential Burkina Faso United States+$8.98MRefined Petroleum

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and Burkina Faso. This means that a dot/product with the flag of United States indicates it has a comparative advantage over Burkina Faso. Similarly, a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over United States.

Product Space of United States (Flag) and Burkina Faso (Flag) (2022)

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