Country intelligence · BFA · 2024

Burkina Faso trade profile

In 2024, Burkina Faso recorded $5.4B in merchandise exports and $5.5B in imports, producing a $64.1M trade deficit. Exports changed +28.2% from the previous year, while imports changed +8.8%.[1]

Exports

$5.4B

+28.2%

Imports

$5.5B

+8.8%

Trade balance

-$64.1M

deficit

Active partners

270

14 FTA-linked

Historical evidence

Ten-year trade movement

The bars compare exports and imports on the same scale. The accompanying table preserves the exact values so the trend is usable without interpreting a graphic.

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
ExportsImports

Exact annual values

YearExportsImportsBalanceExport growth
2024$5.4B$5.5B-$64.1M+28.2%
2023$4.2B$5.0B-$814.3M-1.7%
2022$4.3B$5.4B-$1.1B-13.3%
2021$5.0B$4.4B$613.8M+15.2%
2020$4.3B$3.7B$635.2M+30.2%
2019$3.3B$3.5B-$157.0M+5.8%
2018$3.1B$3.7B-$533.1M+12.5%
2017$2.8B$3.5B-$716.7M+22.1%
2016$2.3B$2.8B-$485.4M+6.5%
2015$2.1B$2.7B-$591.7M-10.3%

Leading export sectors

HS2 chapters rank broad product groups by observed export value in 2024.

1

HS 71 · Precious metals and stones

37 active HS6 lines · 26 export partners

$4.6B
2

HS 52 · HS chapter

66 active HS6 lines · 40 export partners

$232.3M
3

HS 08 · HS chapter

59 active HS6 lines · 62 export partners

$184.5M
4

HS 12 · HS chapter

34 active HS6 lines · 49 export partners

$152.0M
5

HS 25 · HS chapter

46 active HS6 lines · 20 export partners

$86.0M
6

HS 15 · HS chapter

48 active HS6 lines · 54 export partners

$35.1M
7

HS 27 · Mineral fuels and oils

33 active HS6 lines · 51 export partners

$32.6M
8

HS 24 · HS chapter

8 active HS6 lines · 7 export partners

$15.2M

Leading export markets

Destinations rank bilateral export flows from Burkina Faso; growth describes each corridor rather than the whole economy.

1

Switzerland

Annual change +5.8% · 3-year CAGR -3.3%

$3.1B
2

United Arab Emirates

Annual change +724.7% · 3-year CAGR 455.1%

$1.5B
3

Ivory Coast

Annual change +24.9% · 3-year CAGR -4.6%

$154.7M
4

India

Annual change -19.5% · 3-year CAGR -36.9%

$121.1M
5

Mali

Annual change -53.3% · 3-year CAGR 21.5%

$113.2M
6

Togo

Annual change -9.0% · 3-year CAGR 46.2%

$65.5M
7

China

Annual change +7.2% · 3-year CAGR -33.0%

$51.5M
8

Ghana

Annual change -64.0% · 3-year CAGR -15.0%

$39.1M

Sources, definitions and limitations

[1] Primary trade source

OECD Bilateral International Merchandise Trade Statistics, harmonised by Yugalinks at country-year, HS2 and bilateral-corridor levels. Coverage shown here is 1995–2024 where observations are available.

Calculation notes

USD values are aggregated from reported merchandise records. YoY compares consecutive annual totals; three-year CAGR is the mart-provided compound annual growth rate. Missing values are not inferred.