Net trade in goods in Burkina Faso
Burkina Faso: Net trade in goods was 294.53 million BoP, current US$ in 2024. ◆ Volatile
Net trade in goods in Burkina Faso, 2005–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net trade in goods in Burkina Faso stood at 294.53 million BoP, current US$.
Compared with earlier readings it is up 415.0% on the previous year and up 213.1% over ten years.
Over the whole period, net trade in goods in Burkina Faso peaked at 1.33 billion BoP, current US$ in 2020 and was at its lowest, -891.98 million BoP, current US$, in 2008.
Burkina Faso ranks 61st of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net trade in goods in Burkina Faso, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | -553.81 million BoP, current US$ | — |
| 2006 | -483.10 million BoP, current US$ | -12.8% |
| 2007 | -600.47 million BoP, current US$ | +24.3% |
| 2008 | -891.98 million BoP, current US$ | +48.5% |
| 2009 | -482.79 million BoP, current US$ | -45.9% |
| 2010 | -132.55 million BoP, current US$ | -72.5% |
| 2011 | 30.08 million BoP, current US$ | -122.7% |
| 2012 | 212.48 million BoP, current US$ | +606.5% |
| 2013 | -665.79 million BoP, current US$ | -413.3% |
| 2014 | -260.53 million BoP, current US$ | -60.9% |
| 2015 | -241.41 million BoP, current US$ | -7.3% |
| 2016 | -637,861 BoP, current US$ | -99.7% |
| 2017 | -5.35 million BoP, current US$ | +738.3% |
| 2018 | 290.08 million BoP, current US$ | -5524.6% |
| 2019 | 365.79 million BoP, current US$ | +26.1% |
| 2020 | 1.33 billion BoP, current US$ | +263.6% |
| 2021 | 1.26 billion BoP, current US$ | -5.3% |
| 2022 | -6.22 million BoP, current US$ | -100.5% |
| 2023 | -93.50 million BoP, current US$ | +1402.6% |
| 2024 | 294.53 million BoP, current US$ | -415.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -602.43 million BoP, current US$ | -891.98 million BoP, current US$ | -482.79 million BoP, current US$ | 5 |
| 2010s | -40.79 million BoP, current US$ | -665.79 million BoP, current US$ | 365.79 million BoP, current US$ | 10 |
| 2020s | 556.76 million BoP, current US$ | -93.50 million BoP, current US$ | 1.33 billion BoP, current US$ | 5 |
Countries ranked near Burkina Faso
- 58 Mexico 794.66 million BoP, current US$ compare
- 59 Laos 723.26 million BoP, current US$ compare
- 60 Bolivia 334.45 million BoP, current US$ compare
- 62 San Marino 277.08 million BoP, current US$ compare
- 63 Eswatini 255.12 million BoP, current US$ compare
- 64 Faroe Islands 56.97 million BoP, current US$ compare
More economy & growth data for Burkina Faso
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.98 Percent per annum (2029)
- Gross value added at basic prices (GVA) (current US$), annual growth 19.57 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9152 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,050 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 14.76 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 532.61 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 611,204 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.29 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6111 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is net trade in goods in Burkina Faso?
- Net trade in goods in Burkina Faso was 294.53 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods recorded in Burkina Faso?
- The highest recorded value was 1.33 billion BoP, current US$ in 2020.
- What is the lowest net trade in goods recorded in Burkina Faso?
- The lowest recorded value was -891.98 million BoP, current US$ in 2008.
- How does Burkina Faso rank for net trade in goods?
- Burkina Faso ranks 61st out of 199 countries with data for 2024.
- Is net trade in goods rising or falling in Burkina Faso?
- Over the last ten years it is up 213.1%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods is the difference between the exports and imports of goods. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.