2022
Exports
$254kWorld Rnk 108 / 176
Flag Rnk 124 / 696
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$62.4MWorld Rnk 87 / 221
Flag Rnk 11 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $254k in Rice, making it the 108th largest exporter of Rice in the world. At the same year, Rice was the 124th most exported product in Burkina Faso. The main destination of Rice exports from Burkina Faso are: Benin ($148k), Liberia ($73.3k), Togo ($25.4k), and Germany ($6.73k).

The fastest growing export markets for Rice of Burkina Faso between 2021 and 2022 were Liberia ($73.3k) and Germany ($6.73k).

Imports In 2022, Burkina Faso imported $62.4M in Rice, becoming the 87th largest importer of Rice in the world. At the same year, Rice was the 11th most imported product in Burkina Faso. Burkina Faso imports Rice primarily from: India ($41.2M), Pakistan ($5.18M), Thailand ($4.68M), Burma ($4.23M), and Japan ($2.95M).

The fastest growing import markets in Rice for Burkina Faso between 2021 and 2022 were India ($17.3M), Thailand ($3.57M), and Pakistan ($3.51M).

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 Rice. 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)$254k
IMPORTS (2022)$62.4M
NET TRADE (2022)-$62.1M

In 2022, Burkina Faso exported $254k in Rice. The main destinations of Burkina Faso exports on Rice were Benin ($148k), Liberia ($73.3k), Togo ($25.4k), and Germany ($6.73k).

In 2022, Burkina Faso imported $62.4M in Rice, mainly from India ($41.2M), Pakistan ($5.18M), Thailand ($4.68M), Burma ($4.23M), and Japan ($2.95M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
Liberia$73.3k (1%)
Germany$6.73k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Burkina Faso WERE (2021 - 2022):
Benin-$471k (-76%)
Sierra Leone-$343k (-100%)
Niger-$337k (-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 Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Burkina Faso's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBenin+ $121k
TOP IMPORT POTENTIALPakistan+ $1.59M

Rice’s highest export potential is Benin. With an export gap of $121k.   Rice’s highest import potential is Pakistan with an import gap of $1.59M.

See methodology.

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