2023
Exports
$1.7kWorld Rnk 117 / 136
Flag Rnk 532 / 748
falsefalse Ghana
2023
PRODUCT COMPLEXITY IN Iron Railway Products
0.37Rnk 424 / 1025
2023
Imports
$75.5kWorld Rnk 156 / 196
Flag Rnk 681 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $1.7k in Iron Railway Products, making it the 117th largest exporter of Iron Railway Products in the world. At the same year, Iron Railway Products was the 532nd most exported product in Burkina Faso. The main destination of Iron Railway Products exports from Burkina Faso are: Ghana ($1.7k).

Imports In 2023, Burkina Faso imported $75.5k in Iron Railway Products, becoming the 156th largest importer of Iron Railway Products in the world. At the same year, Iron Railway Products was the 681st most imported product in Burkina Faso. Burkina Faso imports Iron Railway Products primarily from: Canada ($30.3k), Australia ($25.4k), China ($11.1k), France ($7.07k), and Cote d'Ivoire ($1.19k).

The fastest growing import markets in Iron Railway Products for Burkina Faso between 2022 and 2023 were Canada ($30k), Australia ($24.6k), and Cote d'Ivoire ($1.14k).

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 Iron Railway Products. 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)$1.7k
IMPORTS (2023)$75.5k
NET TRADE (2023)-$73.8k

In 2023, Burkina Faso exported $1.7k in Iron Railway Products. The main destinations of Burkina Faso exports on Iron Railway Products were Ghana ($1.7k).

In 2023, Burkina Faso imported $75.5k in Iron Railway Products, mainly from Canada ($30.3k), Australia ($25.4k), China ($11.1k), France ($7.07k), and Cote d'Ivoire ($1.19k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Railway Products BY Burkina Faso WERE (2022 - 2023):
Niger-$266 (-100%)
Ghana-$23 (-1.33%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Burkina Faso's main exporting competitors in Iron Railway Products were:
In 2023, Burkina Faso's main importing competitors in Iron Railway Products were:

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Trade Value of Iron Railway Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGhana+ $927
TOP IMPORT POTENTIALFrance+ $11.1k

Iron Railway Products’s highest export potential is Ghana. With an export gap of $927.   Iron Railway Products’s highest import potential is France with an import gap of $11.1k.

See methodology.

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