2022
Exports
$64.9kWorld Rnk 162 / 222
Flag Rnk 226 / 696
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$34.2MWorld Rnk 138 / 225
Flag Rnk 32 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $64.9k in Insulated Wire, making it the 162nd largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 226th most exported product in Burkina Faso. The main destination of Insulated Wire exports from Burkina Faso are: France ($31.6k), Benin ($11.4k), Cote d'Ivoire ($9.73k), Ghana ($4.85k), and United States ($3.77k).

The fastest growing export markets for Insulated Wire of Burkina Faso between 2021 and 2022 were France ($31.6k), Benin ($4.86k), and Ghana ($4.83k).

Imports In 2022, Burkina Faso imported $34.2M in Insulated Wire, becoming the 138th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 32nd most imported product in Burkina Faso. Burkina Faso imports Insulated Wire primarily from: China ($7M), Turkey ($6.26M), France ($3.89M), Morocco ($3.27M), and Tunisia ($2.98M).

The fastest growing import markets in Insulated Wire for Burkina Faso between 2021 and 2022 were China ($4.38M), France ($2.43M), and United Arab Emirates ($1.02M).

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 Insulated Wire. 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)$64.9k
IMPORTS (2022)$34.2M
NET TRADE (2022)-$34.2M

In 2022, Burkina Faso exported $64.9k in Insulated Wire. The main destinations of Burkina Faso exports on Insulated Wire were France ($31.6k), Benin ($11.4k), Cote d'Ivoire ($9.73k), Ghana ($4.85k), and United States ($3.77k).

In 2022, Burkina Faso imported $34.2M in Insulated Wire, mainly from China ($7M), Turkey ($6.26M), France ($3.89M), Morocco ($3.27M), and Tunisia ($2.98M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
France$31.6k (1%)
Benin$4.86k (74.1%)
Ghana$4.83k (23k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Burkina Faso WERE (2021 - 2022):
Niger-$65.4k (-99.6%)
Mali-$18.4k (-91.6%)
Senegal-$10.7k (-88.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burkina Faso's main exporting competitors in Insulated Wire were:
In 2022, Burkina Faso's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $72.4k
TOP IMPORT POTENTIALChina+ $5.88M

Insulated Wire’s highest export potential is France. With an export gap of $72.4k.   Insulated Wire’s highest import potential is China with an import gap of $5.88M.

See methodology.

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