2023
Exports
$1.95MWorld Rnk 114 / 210
Flag Rnk 41 / 748
2023
PRODUCT COMPLEXITY IN Cars
0.9Rnk 206 / 1025
2023
Imports
$81.3MWorld Rnk 147 / 225
Flag Rnk 10 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $1.95M in Cars, making it the 114th largest exporter of Cars in the world. At the same year, Cars was the 41st most exported product in Burkina Faso. The main destination of Cars exports from Burkina Faso are: Cote d'Ivoire ($611k), Guinea ($330k), Ghana ($291k), Togo ($130k), and France ($128k).

The fastest growing export markets for Cars of Burkina Faso between 2022 and 2023 were Guinea ($239k), Cote d'Ivoire ($171k), and France ($86k).

Imports In 2023, Burkina Faso imported $81.3M in Cars, becoming the 147th largest importer of Cars in the world. At the same year, Cars was the 10th most imported product in Burkina Faso. Burkina Faso imports Cars primarily from: Japan ($34.4M), Thailand ($7.66M), United States ($6.78M), South Africa ($5.47M), and Canada ($5.29M).

The fastest growing import markets in Cars for Burkina Faso between 2022 and 2023 were Thailand ($5.12M), China ($1.89M), and South Africa ($1.55M).

Latest Trends

Dec 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 Cars. 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 (2023)$1.95M
IMPORTS (2023)$81.3M
NET TRADE (2023)-$79.3M

In 2023, Burkina Faso exported $1.95M in Cars. The main destinations of Burkina Faso exports on Cars were Cote d'Ivoire ($611k), Guinea ($330k), Ghana ($291k), Togo ($130k), and France ($128k).

In 2023, Burkina Faso imported $81.3M in Cars, mainly from Japan ($34.4M), Thailand ($7.66M), United States ($6.78M), South Africa ($5.47M), and Canada ($5.29M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Burkina Faso WERE (2022 - 2023):
Guinea$239k (262%)
Cote d'Ivoire$171k (38.9%)
France$86k (204%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Burkina Faso WERE (2022 - 2023):
Togo-$1.06M (-89.1%)
Ghana-$442k (-60.3%)
Sierra Leone-$225k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Burkina Faso's main exporting competitors in Cars were:
Japan $119B
China $74.5B
In 2023, Burkina Faso's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelgium+ $570k
TOP IMPORT POTENTIALJapan+ $7.9M

Cars’s highest export potential is Belgium. With an export gap of $570k.   Cars’s highest import potential is Japan with an import gap of $7.9M.

See methodology.

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