2023
Exports
$153kWorld Rnk 107 / 197
Flag Rnk 169 / 748
2023
PRODUCT COMPLEXITY IN Electric Soldering Equipment
1.73Rnk 19 / 1025
2023
Imports
$811kWorld Rnk 148 / 224
Flag Rnk 362 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $153k in Electric Soldering Equipment, making it the 107th largest exporter of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 169th most exported product in Burkina Faso. The main destination of Electric Soldering Equipment exports from Burkina Faso are: France ($78.9k), Cote d'Ivoire ($21.6k), Guinea ($18.2k), Mauritania ($16.1k), and Mali ($8.41k).

The fastest growing export markets for Electric Soldering Equipment of Burkina Faso between 2022 and 2023 were France ($78.4k), Guinea ($18.2k), and Mauritania ($16.1k).

Imports In 2023, Burkina Faso imported $811k in Electric Soldering Equipment, becoming the 148th largest importer of Electric Soldering Equipment in the world. At the same year, Electric Soldering Equipment was the 362nd most imported product in Burkina Faso. Burkina Faso imports Electric Soldering Equipment primarily from: China ($161k), France ($152k), Italy ($125k), South Africa ($82.5k), and United States ($58k).

The fastest growing import markets in Electric Soldering Equipment for Burkina Faso between 2022 and 2023 were South Africa ($53.6k), Turkey ($19.7k), and Estonia ($18.6k).

Latest Trends

Jan 2025

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 Electric Soldering Equipment. 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)$153k
IMPORTS (2023)$811k
NET TRADE (2023)-$657k

In 2023, Burkina Faso exported $153k in Electric Soldering Equipment. The main destinations of Burkina Faso exports on Electric Soldering Equipment were France ($78.9k), Cote d'Ivoire ($21.6k), Guinea ($18.2k), Mauritania ($16.1k), and Mali ($8.41k).

In 2023, Burkina Faso imported $811k in Electric Soldering Equipment, mainly from China ($161k), France ($152k), Italy ($125k), South Africa ($82.5k), and United States ($58k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Electric Soldering Equipment EXPORT MARKETS FOR Burkina Faso WERE (2022 - 2023):
France$78.4k (15.3k%)
Guinea$18.2k (1%)
Mauritania$16.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Soldering Equipment BY Burkina Faso WERE (2022 - 2023):
Cote d'Ivoire-$144k (-87%)
Belgium-$58.2k (-100%)
Ghana-$6.34k (-44.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Burkina Faso's main exporting competitors in Electric Soldering Equipment were:
In 2023, Burkina Faso's main importing competitors in Electric Soldering Equipment were:

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Trade Value of Electric Soldering Equipment by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALBelgium+ $42.5k
TOP IMPORT POTENTIALChina+ $193k

Electric Soldering Equipment’s highest export potential is Belgium. With an export gap of $42.5k.   Electric Soldering Equipment’s highest import potential is China with an import gap of $193k.

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