2022
Exports
$18.9kWorld Rnk 65 / 96
Flag Rnk 314 / 696
2022
PRODUCT COMPLEXITY IN Borates
-0.2Rnk 618 / 1025
2022
Imports
$150kWorld Rnk 101 / 184
Flag Rnk 584 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $18.9k in Borates, making it the 65th largest exporter of Borates in the world. At the same year, Borates was the 314th most exported product in Burkina Faso. The main destination of Borates exports from Burkina Faso are: Cote d'Ivoire ($14.5k), Mali ($2.55k), and Niger ($1.8k).

The fastest growing export markets for Borates of Burkina Faso between 2021 and 2022 were Cote d'Ivoire ($13.2k), Mali ($2.55k), and Niger ($1.8k).

Imports In 2022, Burkina Faso imported $150k in Borates, becoming the 101st largest importer of Borates in the world. At the same year, Borates was the 584th most imported product in Burkina Faso. Burkina Faso imports Borates primarily from: Turkey ($145k), China ($4.67k), France ($379), Belgium ($42), and United Arab Emirates ($27).

The fastest growing import markets in Borates for Burkina Faso between 2021 and 2022 were Turkey ($84.3k), China ($4.67k), and United Arab Emirates ($27).

Latest Trends

Jul 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 Borates. 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)$18.9k
IMPORTS (2022)$150k
NET TRADE (2022)-$132k

In 2022, Burkina Faso exported $18.9k in Borates. The main destinations of Burkina Faso exports on Borates were Cote d'Ivoire ($14.5k), Mali ($2.55k), and Niger ($1.8k).

In 2022, Burkina Faso imported $150k in Borates, mainly from Turkey ($145k), China ($4.67k), France ($379), Belgium ($42), and United Arab Emirates ($27).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Borates EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Cote d'Ivoire$13.2k (985%)
Mali$2.55k (1%)
Niger$1.8k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Borates by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.19k
TOP IMPORT POTENTIALTurkey+ $22.6k

Borates’s highest export potential is China. With an export gap of $1.19k.   Borates’s highest import potential is Turkey with an import gap of $22.6k.

See methodology.

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