2018
Exports
$491kWorld Rnk 80 / 166
Flag Rnk 75 / 696
2022
PRODUCT COMPLEXITY IN Locust beans, seaweed, sugar beet, cane, for food
-1.76Rnk 977 / 1025
2018
Imports
$8.55kWorld Rnk 152 / 197
Flag Rnk 909 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2018, Burkina Faso exported $491k in Locust beans, seaweed, sugar beet, cane, for food, making it the 80th largest exporter of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 75th most exported product in Burkina Faso. The main destination of Locust beans, seaweed, sugar beet, cane, for food exports from Burkina Faso are: Germany ($389k), France ($34k), United Kingdom ($33.3k), Austria ($29.1k), and Switzerland ($4.33k).

The fastest growing export markets for Locust beans, seaweed, sugar beet, cane, for food of Burkina Faso between 2021 and 2022 were United Kingdom ($33.3k), France ($27.1k), and Switzerland ($4.33k).

Imports In 2022, Burkina Faso imported $8.55k in Locust beans, seaweed, sugar beet, cane, for food, becoming the 152nd largest importer of Locust beans, seaweed, sugar beet, cane, for food in the world. At the same year, Locust beans, seaweed, sugar beet, cane, for food was the 909th most imported product in Burkina Faso. Burkina Faso imports Locust beans, seaweed, sugar beet, cane, for food primarily from: Niger ($7.21k), Germany ($1.16k), Cote d'Ivoire ($159), and France ($20).

The fastest growing import markets in Locust beans, seaweed, sugar beet, cane, for food for Burkina Faso between 2021 and 2022 were Niger ($3.53k), Germany ($1.16k), and Cote d'Ivoire ($159).

Latest Trends

Oct 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 Locust beans, seaweed, sugar beet, cane, for food. 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)$491k
IMPORTS (2022)$8.55k
NET TRADE (2022)$482k

In 2022, Burkina Faso exported $491k in Locust beans, seaweed, sugar beet, cane, for food. The main destinations of Burkina Faso exports on Locust beans, seaweed, sugar beet, cane, for food were Germany ($389k), France ($34k), United Kingdom ($33.3k), Austria ($29.1k), and Switzerland ($4.33k).

In 2022, Burkina Faso imported $8.55k in Locust beans, seaweed, sugar beet, cane, for food, mainly from Niger ($7.21k), Germany ($1.16k), Cote d'Ivoire ($159), and France ($20).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Locust beans, seaweed, sugar beet, cane, for food EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
United Kingdom$33.3k (1%)
France$27.1k (394%)
Switzerland$4.33k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Locust beans, seaweed, sugar beet, cane, for food BY Burkina Faso WERE (2021 - 2022):
Germany-$216k (-35.7%)
Austria-$39.6k (-57.6%)
United States-$24.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
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In 2022, Burkina Faso's main exporting competitors in Locust beans, seaweed, sugar beet, cane, for food were:
In 2022, Burkina Faso's main importing competitors in Locust beans, seaweed, sugar beet, cane, for food were:
Italy $253M
China $202M
Spain $182M

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Trade Value of Locust beans, seaweed, sugar beet, cane, for food by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $162k
TOP IMPORT POTENTIALGermany+ $1.7k

Locust beans, seaweed, sugar beet, cane, for food’s highest export potential is Germany. With an export gap of $162k.   Locust beans, seaweed, sugar beet, cane, for food’s highest import potential is Germany with an import gap of $1.7k.

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