2022
Exports
$15.1kWorld Rnk 158 / 196
Flag Rnk 331 / 696
2022
PRODUCT COMPLEXITY IN Chocolate
0.14Rnk 508 / 1025
2022
Imports
$2.77MWorld Rnk 163 / 225
Flag Rnk 200 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $15.1k in Chocolate, making it the 158th largest exporter of Chocolate in the world. At the same year, Chocolate was the 331st most exported product in Burkina Faso. The main destination of Chocolate exports from Burkina Faso are: Mali ($11.2k), Germany ($3.55k), Luxembourg ($332), and Cote d'Ivoire ($13).

The fastest growing export markets for Chocolate of Burkina Faso between 2021 and 2022 were Mali ($11.2k), Germany ($3.55k), and Luxembourg ($332).

Imports In 2022, Burkina Faso imported $2.77M in Chocolate, becoming the 163rd largest importer of Chocolate in the world. At the same year, Chocolate was the 200th most imported product in Burkina Faso. Burkina Faso imports Chocolate primarily from: Cote d'Ivoire ($831k), Turkey ($667k), France ($424k), Uruguay ($193k), and China ($192k).

The fastest growing import markets in Chocolate for Burkina Faso between 2021 and 2022 were Uruguay ($145k), Tunisia ($81.9k), and China ($73.3k).

Latest Trends

Oct 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 Chocolate. 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)$15.1k
IMPORTS (2022)$2.77M
NET TRADE (2022)-$2.75M

In 2022, Burkina Faso exported $15.1k in Chocolate. The main destinations of Burkina Faso exports on Chocolate were Mali ($11.2k), Germany ($3.55k), Luxembourg ($332), and Cote d'Ivoire ($13).

In 2022, Burkina Faso imported $2.77M in Chocolate, mainly from Cote d'Ivoire ($831k), Turkey ($667k), France ($424k), Uruguay ($193k), and China ($192k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Mali$11.2k (1%)
Germany$3.55k (1%)
Luxembourg$332 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Burkina Faso WERE (2021 - 2022):
Niger-$273 (-100%)
Benin-$25 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burkina Faso's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Burkina Faso's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.2k
TOP IMPORT POTENTIALCote d'Ivoire+ $243k

Chocolate’s highest export potential is Germany. With an export gap of $12.2k.   Chocolate’s highest import potential is Cote d'Ivoire with an import gap of $243k.

See methodology.

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