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Pricing

2022
Flag → Flag
Exports $47.7MRnk 96 / 214
2022
Flag → Flag
Top Product $3.91MCars
2022
Flag → Flag
Exports $638kRnk 48 / 131
2022
Flag → Flag
Top Product $263kRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 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 $6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

South Africa-Burkina Faso Trade: In 2022, South Africa exported $47.7M to Burkina Faso. The main products that South Africa exported to Burkina Faso were Cars ($3.91M), Liquid Pumps ($3.88M), and Stone Processing Machines ($3.69M). Over the past 5 years the exports of South Africa to Burkina Faso have decreased at an annualized rate of 7.72%, from $71.3M in 2017 to $47.7M in 2022.

In 2022, South Africa did not export any services to Burkina Faso.

Burkina Faso-South Africa Trade: In 2022, Burkina Faso exported $638k to South Africa. The main products that Burkina Faso exported to South Africa were Refined Petroleum ($263k), Other Engines ($56.8k), and Liquid Pumps ($47.8k). Over the past 5 years the exports of Burkina Faso to South Africa have decreased at an annualized rate of 53.3%,  from $28.8M in 2017 to $638k in 2022.

In 2022, Burkina Faso did not export any services to South Africa.

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Latest Trends

July, 2024

About

Overview In July 2024, South Africa exported ZAR40.7M and imported ZAR1.22M from Burkina Faso, resulting in a positive trade balance of ZAR39.5M. Between July 2023 and July 2024 the exports of South Africa have increased by ZAR3.09M (8.2%) from ZAR37.6M to ZAR40.7M, while imports increased by ZAR963k (381%) from ZAR253k to ZAR1.22M.

Trade In July 2024, the top exports of South Africa to Burkina Faso were Hot-Rolled Iron Bars (ZAR32.3M), Delivery Trucks (ZAR3.02M), Work Trucks (ZAR2.92M), Stone Processing Machines (ZAR1.45M), and Other Heating Machinery (ZAR1.43M). In July 2024 the top imports of South Africa from Burkina Faso were Other Measuring Instruments (ZAR34.4k), Liquid Pumps (ZAR17.2k), Light Synthetic Cotton Fabrics (ZAR2.91k), Utility Meters (ZAR920), and Precious Metal Ore (ZAR861).

Origins In July 2024 the exports of South Africa were mainly from Johannesburg (ZAR19.8M), O.R. Tambo Int Airport (ZAR16.8M), Durban (ZAR2.07M), Cape Town (ZAR1.78M), and Germiston/Alberton (ZAR242k), while imports destinations were mainly O.R. Tambo Int Airport (ZAR1.15M) and Durban (ZAR62.5k).

Growth In July 2024, the increase in South Africa's year-by-year exports to Burkina Faso was explained primarily by an increase in product exports in Delivery Trucks (ZAR2.48M or 464%), Other Rubber Products (ZAR887k or 2.87k%), and Transmissions (ZAR334k or 64.5%). In July 2024, the increase in South Africa's year-by-year imports  from Burkina Faso was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)ZAR3.09M(8.2%)
IMPORT GROWTH (July 2023 - July 2024)ZAR963k(381%)
MAIN EXPORTER (July 2024)JohannesburgZAR19.8M

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

To check Burkina Faso and South Africa trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burkina Faso and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $47.7M to Burkina Faso. The main products exported from South Africa to Burkina Faso were Cars ($3.91M), Liquid Pumps ($3.88M), and Stone Processing Machines ($3.69M). During the last 5 years the exports of South Africa to Burkina Faso have decreased at an annualized rate of 7.72%, from $71.3M in 2017 to $47.7M in 2022.

In 2017, Burkina Faso exported $638k to South Africa. The main products exported from Burkina Faso to South Africa were Refined Petroleum ($263k), Other Engines ($56.8k), and Liquid Pumps ($47.8k). During the last 5 years the exports of Burkina Faso to South Africa have decreased at an annualized rate of 53.3%, from $28.8M in 2022 to $638k in 2017.

Exports from South Africa (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from South Africa than Burkina Faso included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

In 2022, countries that imported more from Burkina Faso than South Africa included Mali ($304M), Cote d'Ivoire ($171M), and Niger ($32.6M).

Difference in imports from Burkina Faso (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Burkina Faso

Flow
Scale

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

During 2022, South Africa had a large net trade with Burkina Faso in the exports of Machines ($20.8M), Chemical Products ($7.06M), and Transportation ($5.31M).

During 2017, Burkina Faso had a large net trade with South Africa in the exports of Mineral Products ($273k), Machines ($176k), and Instruments ($103k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Burkina Faso+$2.77MCars
Top Product Potential Burkina Faso South Africa+$918kRefined 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 South Africa and Burkina Faso. This means that a dot/product with the flag of South Africa 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 South Africa.

Product Space of South Africa (Flag) and Burkina Faso (Flag) (2022)

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