2022
Exports
$68kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
Imports
$3.09MWorld Rnk 27 / 185
Flag Rnk 187 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Imports In 2023, Burkina Faso imported $3.09M in Olive Oil, becoming the 27th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 187th most imported product in Burkina Faso. Burkina Faso imports Olive Oil primarily from: Malaysia ($2.9M), Indonesia ($139k), Ghana ($36k), and United Arab Emirates ($14.7k).

The fastest growing import markets in Olive Oil for Burkina Faso between 2022 and 2023 were Malaysia ($2.9M), Indonesia ($139k), and Ghana ($36k).

Latest Trends

Dec 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 Olive Oil. 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)$68k
IMPORTS (2023)$3.09M
NET TRADE (2023)-$3.09M

In 2023, Burkina Faso imported $3.09M in Olive Oil, mainly from Malaysia ($2.9M), Indonesia ($139k), Ghana ($36k), and United Arab Emirates ($14.7k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Olive Oil BY Burkina Faso WERE (N/A - 2022):
Liberia-$67.9k (-100%)
Netherlands-$75 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Burkina Faso's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, Burkina Faso's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.03k
TOP IMPORT POTENTIALSpain+ $641

Olive Oil’s highest export potential is United States. With an export gap of $1.03k.   Olive Oil’s highest import potential is Spain with an import gap of $641.

See methodology.

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