United States (USA) and Burkina Faso (BFA) Trade | The Observatory of Economic Complexity

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Pricing

United States (USA) and Burkina Faso (BFA) Trade

2022

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Exports $214MRnk 130 / 219

2022

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About

United States-Burkina Faso In 2022, United States exported $214M to Burkina Faso. The main products that United States exported to Burkina Faso are Petroleum Gas ($92M), Rubber Tires ($13.7M), and Vaccines, blood, antisera, toxins and cultures ($9.09M). During the last 27 years the exports of United States to Burkina Faso have increased at an annualized rate of 7.22%, from $32.6M in 1995 to $214M in 2022.

In 2022, United States did not export any services to Burkina Faso.

Burkina Faso-United States In 2022, Burkina Faso exported $45.3M to United States. The main products that Burkina Faso exported to United States were Raw Cotton ($37.5M), Refined Petroleum ($2.69M), and Tropical Fruits ($1.67M). During the last 27 years the exports of Burkina Faso to United States have increased at an annualized rate of 21.1%, from $255k in 1995 to $45.3M in 2022.

In 2022, Burkina Faso did not export any services to United States.

Comparison In 2022, United States ranked 10 in the Economic Complexity Index (ECI 1.41), and 2 in total exports ($1.95T). That same year, Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88), and 110 in total exports ($8.2B).

COMPANIES In 2023, leading companies such as were at the forefront of exporting goods from Burkina Faso to the United States. Conversely, were notable for importing Burkina Faso products to the United States.

Latest Trends

January, 2024

About

Overview In January 2024, United States exported $2.84M and imported $53.9k from Burkina Faso, resulting in a positive trade balance of $2.79M. Between January 2023 and January 2024 the exports of United States have decreased by $-2.6M (-47.8%) from $5.44M to $2.84M, while imports increased by $8.27k (18.1%) from $45.6k to $53.9k.

Trade In January 2024, the top exports of United States to Burkina Faso were Rubber Tires ($1.33M), Aircraft Parts ($889k), Polymer Ion-Exchangers ($448k), Medical Instruments ($342k), and Commodities not elsewhere specified ($320k). In January 2024 the top imports of United States from Burkina Faso were Motor vehicles; parts and accessories (8701... ($39.5k), Commodities not elsewhere specified ($3.13k), Sowing Seeds ($2.26k), and Medical Furniture ($698).

Origins In January 2024 the exports of United States were mainly from South Carolina ($754k), Oregon ($601k), Texas ($316k), New York ($146k), and New Jersey ($142k), while imports destinations were mainly Maryland ($45.9k), Florida ($3.5k), and California ($598).

Growth In January 2024, the decrease in United States's year-by-year exports to Burkina Faso was explained primarily by an decrease in product exports in Cars ($-337k or -53.6%), Laboratory Reagents ($-162k or -66.4%), and Stone Processing Machines ($-98.5k or -90.3%). In January 2024, the increase in United States's year-by-year imports from Burkina Faso was explained primarily by an increase in product imports in Commodities not elsewhere specified ($1.63k or 109%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-2.6M(-47.8%)

IMPORT GROWTH (January 2023 - January 2024)$8.27k(18.1%)

MAIN EXPORTER (January 2024)South Carolina$754k

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Burkina Faso and United States trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, United States exported $214M to Burkina Faso. The main products exported from United States to Burkina Faso were Petroleum Gas ($92M), Rubber Tires ($13.7M), and Vaccines, blood, antisera, toxins and cultures ($9.09M). During the last 27 years the exports of United States to Burkina Faso have increased at an annualized rate of 7.22%, from $32.6M in 1995 to $214M in 2022.

In 2022, Burkina Faso exported $45.3M to United States. The main products exported from Burkina Faso to United States were Raw Cotton ($37.5M), Refined Petroleum ($2.69M), and Tropical Fruits ($1.67M). During the last 27 years the exports of Burkina Faso to United States have increased at an annualized rate of 21.1%, from $255k in 1995 to $45.3M in 2022.

Exports from United States () to Burkina Faso () (2022)

Exports from Burkina Faso () to United States () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

United States
Top DestinationCanada$308B

Burkina Faso
Top DestinationSwitzerland$6.08B

This map shows whether countries import more from United States or Burkina Faso. Each country is colored based on the difference in imports they receive from United States and Burkina Faso or the difference in the growth in imports.

In 2021, countries that imported more from United States than Burkina Faso were Canada ($308B), Mexico ($294B), and China ($151B).

In 2021, countries that imported more from Burkina Faso than United States were Mali ($304M) and North Korea ($70.9k).

Difference in imports from Burkina Faso () and United States () (2022)

Comparative Advantage United States - Burkina Faso

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between United States and Burkina Faso by product, considering products traded by both, United States and Burkina Faso.

During 2022, United States had a large net trade with Burkina Faso in the exports of Mineral Products ($97.4M), Machines ($42.3M), and Plastics and Rubbers ($22.4M).

During 2022, Burkina Faso had a large net trade with United States in the exports of Textiles ($38.1M), Vegetable Products ($2.99M), and Mineral Products ($2.69M).

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more United States has comparative advantage over Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over United States.

Product Space of United States () and Burkina Faso () (2022)

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