2022
Exports
$3.07MWorld Rnk 107 / 210
Flag Rnk 28 / 696
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$59.7MWorld Rnk 153 / 224
Flag Rnk 13 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $3.07M in Cars, making it the 107th largest exporter of Cars in the world. At the same year, Cars was the 28th most exported product in Burkina Faso. The main destination of Cars exports from Burkina Faso are: Togo ($1.2M), Cote d'Ivoire ($443k), Ghana ($275k), Sierra Leone ($227k), and Belgium ($181k).

The fastest growing export markets for Cars of Burkina Faso between 2021 and 2022 were Togo ($1.03M), Sierra Leone ($227k), and Ghana ($175k).

Imports In 2022, Burkina Faso imported $59.7M in Cars, becoming the 153rd largest importer of Cars in the world. At the same year, Cars was the 13th most imported product in Burkina Faso. Burkina Faso imports Cars primarily from: Japan ($11.7M), United Arab Emirates ($9.22M), United States ($7.81M), Canada ($6.12M), and South Africa ($3.91M).

The fastest growing import markets in Cars for Burkina Faso between 2021 and 2022 were United Arab Emirates ($3.87M), Thailand ($682k), and India ($515k).

Latest Trends

Aug 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 (2022)$3.07M
IMPORTS (2022)$59.7M
NET TRADE (2022)-$56.6M

In 2022, Burkina Faso exported $3.07M in Cars. The main destinations of Burkina Faso exports on Cars were Togo ($1.2M), Cote d'Ivoire ($443k), Ghana ($275k), Sierra Leone ($227k), and Belgium ($181k).

In 2022, Burkina Faso imported $59.7M in Cars, mainly from Japan ($11.7M), United Arab Emirates ($9.22M), United States ($7.81M), Canada ($6.12M), and South Africa ($3.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Togo$1.03M (615%)
Sierra Leone$227k (1%)
Ghana$175k (176%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Burkina Faso WERE (2021 - 2022):
Cote d'Ivoire-$3.23M (-87.9%)
Czechia-$141k (-100%)
Senegal-$138k (-89.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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