2023
Exports
$832kWorld Rnk 54 / 103
Flag Rnk 67 / 748
2023
PRODUCT COMPLEXITY IN Sheep and Goats
-1.62Rnk 962 / 1025
2023
Imports
$2.92kWorld Rnk 136 / 143
Flag Rnk 964 / 1066
2023
ECONOMIC COMPLEXITY of Burkina Faso
-1.36Rnk 124 / 132

About

Exports In 2023, Burkina Faso exported $832k in Sheep and Goats, making it the 54th largest exporter of Sheep and Goats in the world. At the same year, Sheep and Goats was the 67th most exported product in Burkina Faso. The main destination of Sheep and Goats exports from Burkina Faso are: Ghana ($632k), Cote d'Ivoire ($127k), Togo ($70.6k), Mali ($2.13k), and Benin ($198).

The fastest growing export markets for Sheep and Goats of Burkina Faso between 2022 and 2023 were Cote d'Ivoire ($125k), Togo ($37k), and Benin ($198).

Imports In 2023, Burkina Faso imported $2.92k in Sheep and Goats, becoming the 136th largest importer of Sheep and Goats in the world. At the same year, Sheep and Goats was the 964th most imported product in Burkina Faso. Burkina Faso imports Sheep and Goats primarily from: Mali ($2k) and Niger ($923).

The fastest growing import markets in Sheep and Goats for Burkina Faso between 2022 and 2023 were Mali ($1.5k).

Historical Data

Trade Balance

Color
EXPORTS (2023)$832k
IMPORTS (2023)$2.92k
NET TRADE (2023)$829k

In 2023, Burkina Faso exported $832k in Sheep and Goats. The main destinations of Burkina Faso exports on Sheep and Goats were Ghana ($632k), Cote d'Ivoire ($127k), Togo ($70.6k), Mali ($2.13k), and Benin ($198).

In 2023, Burkina Faso imported $2.92k in Sheep and Goats, mainly from Mali ($2k) and Niger ($923).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Sheep and Goats EXPORT MARKETS FOR Burkina Faso WERE (2022 - 2023):
Cote d'Ivoire$125k (5.84k%)
Togo$37k (110%)
Benin$198 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sheep and Goats BY Burkina Faso WERE (2022 - 2023):
Ghana-$3.63M (-85.2%)
Mali-$62.7k (-96.7%)
Mauritania-$4.01k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Burkina Faso's main exporting competitors in Sheep and Goats were:
Sudan $693M
Iran $337M
In 2023, Burkina Faso's main importing competitors in Sheep and Goats were:

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Trade Value of Sheep and Goats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $1.53k
TOP IMPORT POTENTIALNiger+ $1.69k

Sheep and Goats’s highest export potential is Saudi Arabia. With an export gap of $1.53k.   Sheep and Goats’s highest import potential is Niger with an import gap of $1.69k.

See methodology.

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