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2018
Exports $3.1kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Iron Ore-1.87Rnk 987 / 1025
2018
Imports $899kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2023
ECONOMIC COMPLEXITY of Burkina Faso-1.36Rnk 124 / 132

About

Imports In 2019, Burkina Faso imported $899k in Iron Ore, becoming the 0th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 0th most imported product in Burkina Faso. Burkina Faso imports Iron Ore primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$3.1k
IMPORTS (2019)$899k
NET TRADE (2022)$3.1k

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Burkina Faso WERE (N/A - 2022):Ghana-$3.1k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2023, Burkina Faso's main exporting competitors in Iron Ore were:
Australia $85.4B
Brazil $34B
Canada $7.23B
In 2023, Burkina Faso's main importing competitors in Iron Ore were:
China $112B
Japan $9.3B
South Korea $7.07B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.19k
TOP IMPORT POTENTIALBrazil+ $674

Iron Ore’s highest export potential is China. With an export gap of $1.19k.   Iron Ore’s highest import potential is Brazil with an import gap of $674.

See methodology.

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