2022
Exports
$18.1kWorld Rnk 126 / 175
Flag Rnk 316 / 696
2022
PRODUCT COMPLEXITY IN Soups and Broths
-0.5Rnk 704 / 1025
2022
Imports
$27.7MWorld Rnk 28 / 223
Flag Rnk 39 / 1061
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $18.1k in Soups and Broths, making it the 126th largest exporter of Soups and Broths in the world. At the same year, Soups and Broths was the 316th most exported product in Burkina Faso. The main destination of Soups and Broths exports from Burkina Faso are: Benin ($11.7k), Cote d'Ivoire ($3.08k), Germany ($1.93k), and Democratic Republic of the Congo ($1.38k).

The fastest growing export markets for Soups and Broths of Burkina Faso between 2021 and 2022 were Germany ($1.93k) and Democratic Republic of the Congo ($1.38k).

Imports In 2022, Burkina Faso imported $27.7M in Soups and Broths, becoming the 28th largest importer of Soups and Broths in the world. At the same year, Soups and Broths was the 39th most imported product in Burkina Faso. Burkina Faso imports Soups and Broths primarily from: Cote d'Ivoire ($11.5M), Spain ($8.08M), Senegal ($7.94M), China ($86.9k), and Nigeria ($79.9k).

The fastest growing import markets in Soups and Broths for Burkina Faso between 2021 and 2022 were Cote d'Ivoire ($2.56M), Nigeria ($79.9k), and Senegal ($58.6k).

Latest Trends

Jul 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 Soups and Broths. 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)$18.1k
IMPORTS (2022)$27.7M
NET TRADE (2022)-$27.7M

In 2022, Burkina Faso exported $18.1k in Soups and Broths. The main destinations of Burkina Faso exports on Soups and Broths were Benin ($11.7k), Cote d'Ivoire ($3.08k), Germany ($1.93k), and Democratic Republic of the Congo ($1.38k).

In 2022, Burkina Faso imported $27.7M in Soups and Broths, mainly from Cote d'Ivoire ($11.5M), Spain ($8.08M), Senegal ($7.94M), China ($86.9k), and Nigeria ($79.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soups and Broths EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soups and Broths BY Burkina Faso WERE (2021 - 2022):
Niger-$968k (-100%)
Benin-$117k (-90.9%)
Cote d'Ivoire-$30.2k (-90.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Burkina Faso's main exporting competitors in Soups and Broths were:
In 2022, Burkina Faso's main importing competitors in Soups and Broths were:

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Trade Value of Soups and Broths by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCote d'Ivoire+ $8.55k
TOP IMPORT POTENTIALChina+ $134k

Soups and Broths’s highest export potential is Cote d'Ivoire. With an export gap of $8.55k.   Soups and Broths’s highest import potential is China with an import gap of $134k.

See methodology.

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