2022
Exports
$124kWorld Rnk 149 / 199
Flag Rnk 61 / 91
2022
PRODUCT COMPLEXITY IN Cocoa & cocoa preparations
0.14Rnk 508 / 1025
2022
Imports
$2.78MWorld Rnk 166 / 225
Flag Rnk 63 / 96
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $124k in Cocoa & cocoa preparations, making it the 149th largest exporter of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 61st most exported product in Burkina Faso. The main destination of Cocoa & cocoa preparations exports from Burkina Faso are: Germany ($108k), Mali ($11.2k), Canada ($3.61k), Slovenia ($719), and Luxembourg ($332).

The fastest growing export markets for Cocoa & cocoa preparations of Burkina Faso between 2021 and 2022 were Germany ($108k), Mali ($11.2k), and Canada ($2.99k).

Imports In 2022, Burkina Faso imported $2.78M in Cocoa & cocoa preparations, becoming the 166th largest importer of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 63rd most imported product in Burkina Faso. Burkina Faso imports Cocoa & cocoa preparations primarily from: Cote d'Ivoire ($831k), Turkey ($667k), France ($429k), China ($197k), and Uruguay ($193k).

The fastest growing import markets in Cocoa & cocoa preparations for Burkina Faso between 2021 and 2022 were Uruguay ($145k), Tunisia ($81.9k), and China ($78.4k).

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 Cocoa & cocoa preparations. 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)$124k
IMPORTS (2022)$2.78M
NET TRADE (2022)-$2.65M

In 2022, Burkina Faso exported $124k in Cocoa & cocoa preparations. The main destinations of Burkina Faso exports on Cocoa & cocoa preparations were Germany ($108k), Mali ($11.2k), Canada ($3.61k), Slovenia ($719), and Luxembourg ($332).

In 2022, Burkina Faso imported $2.78M in Cocoa & cocoa preparations, mainly from Cote d'Ivoire ($831k), Turkey ($667k), France ($429k), China ($197k), and Uruguay ($193k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa & cocoa preparations EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Germany$108k (1%)
Mali$11.2k (1%)
Canada$2.99k (484%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa & cocoa preparations BY Burkina Faso WERE (2021 - 2022):
Niger-$273 (-100%)
France-$119 (-50%)
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 Cocoa & cocoa preparations were:
In 2022, Burkina Faso's main importing competitors in Cocoa & cocoa preparations were:

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Trade Value of Cocoa & cocoa preparations by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $97.5k
TOP IMPORT POTENTIALCote d'Ivoire+ $245k

Cocoa & cocoa preparations’s highest export potential is Germany. With an export gap of $97.5k.   Cocoa & cocoa preparations’s highest import potential is Cote d'Ivoire with an import gap of $245k.

See methodology.

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