2022
Exports
$6.74BWorld Rnk 19 / 176
Flag Rnk 1 / 696
falsefalse Switzerland
2022
PRODUCT COMPLEXITY IN Gold
-2.43Rnk 1016 / 1025
2022
Imports
$4.14kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Burkina Faso
-1.91Rnk 131 / 133

About

Exports In 2022, Burkina Faso exported $6.74B in Gold, making it the 19th largest exporter of Gold in the world. At the same year, Gold was the 1st most exported product in Burkina Faso. The main destination of Gold exports from Burkina Faso are: Switzerland ($5.93B), United Arab Emirates ($534M), Mali ($171M), India ($50.4M), and Rwanda ($36.4M).

The fastest growing export markets for Gold of Burkina Faso between 2021 and 2022 were United Arab Emirates ($515M), Mali ($170M), and Italy ($19.7M).

Imports In 2021, Burkina Faso imported $4.14k in Gold, becoming the 0th largest importer of Gold in the world. At the same year, Gold was the 0th most imported product in Burkina Faso. Burkina Faso imports Gold primarily from: N/A.

Historical Data

Trade Balance

Color
EXPORTS (2022)$6.74B
IMPORTS (2021)$4.14k
NET TRADE (2022)$6.74B

In 2022, Burkina Faso exported $6.74B in Gold. The main destinations of Burkina Faso exports on Gold were Switzerland ($5.93B), United Arab Emirates ($534M), Mali ($171M), India ($50.4M), and Rwanda ($36.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gold EXPORT MARKETS FOR Burkina Faso WERE (2021 - 2022):
United Arab Emirates$515M (2.66k%)
Mali$170M (28.5k%)
Italy$19.7M (386%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gold BY Burkina Faso WERE (2021 - 2022):
India-$884M (-94.6%)
Switzerland-$811M (-12%)
Uganda-$61.8M (-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 Gold were:
In 2022, Burkina Faso's main importing competitors in Gold were:

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Trade Value of Gold by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $154M
TOP IMPORT POTENTIALMali+ $791

Gold’s highest export potential is United Arab Emirates. With an export gap of $154M.   Gold’s highest import potential is Mali with an import gap of $791.

See methodology.

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