2022
Exports
$810kWorld Rnk 137 / 217
Flag Rnk 57 / 696
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$164MWorld Rnk 119 / 224
Flag Rnk 3 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $810k in Packaged Medicaments, making it the 137th largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 57th most exported product in Burkina Faso. The main destination of Packaged Medicaments exports from Burkina Faso are: Mali ($247k), Niger ($184k), Cote d'Ivoire ($176k), Slovakia ($72.5k), and Benin ($65.1k).

The fastest growing export markets for Packaged Medicaments of Burkina Faso between 2021 and 2022 were Mali ($192k), Cote d'Ivoire ($161k), and Slovakia ($72.5k).

Imports In 2022, Burkina Faso imported $164M in Packaged Medicaments, becoming the 119th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 3rd most imported product in Burkina Faso. Burkina Faso imports Packaged Medicaments primarily from: India ($71.8M), France ($48.2M), China ($15.7M), Ghana ($5.09M), and Mali ($4.53M).

The fastest growing import markets in Packaged Medicaments for Burkina Faso between 2021 and 2022 were Mali ($3.71M), China ($2.97M), and South Korea ($2.61M).

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 Packaged Medicaments. 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)$810k
IMPORTS (2022)$164M
NET TRADE (2022)-$163M

In 2022, Burkina Faso exported $810k in Packaged Medicaments. The main destinations of Burkina Faso exports on Packaged Medicaments were Mali ($247k), Niger ($184k), Cote d'Ivoire ($176k), Slovakia ($72.5k), and Benin ($65.1k).

In 2022, Burkina Faso imported $164M in Packaged Medicaments, mainly from India ($71.8M), France ($48.2M), China ($15.7M), Ghana ($5.09M), and Mali ($4.53M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Mali$192k (349%)
Cote d'Ivoire$161k (1.08k%)
Slovakia$72.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Burkina Faso WERE (2021 - 2022):
Gabon-$65.3k (-100%)
Togo-$7.22k (-37.7%)
Gambia-$6.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCote d'Ivoire+ $173k
TOP IMPORT POTENTIALIndia+ $8.79M

Packaged Medicaments’s highest export potential is Cote d'Ivoire. With an export gap of $173k.   Packaged Medicaments’s highest import potential is India with an import gap of $8.79M.

See methodology.

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