Burkina Faso recorded a trade surplus of 41.40 XOF Billion in the first quarter of 2022. source: INSD, Burkina Faso

Balance of Trade in Burkina Faso averaged -37.82 XOF Billion from 1998 until 2022, reaching an all time high of 200.90 XOF Billion in the first quarter of 2021 and a record low of -276.30 XOF Billion in the third quarter of 2018. This page provides - Burkina Faso Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Burkina Faso Balance of Trade - values, historical data and charts - was last updated on October of 2022.

Balance of Trade in Burkina Faso is expected to be -110.00 XOF Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Burkina Faso Balance of Trade is projected to trend around -40.00 XOF Billion in 2023 and -30.00 XOF Billion in 2024, according to our econometric models.

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Burkina Faso Balance of Trade

Related Last Previous Unit Reference
Balance of Trade 41.40 -56.70 XOF Billion Mar 2022
Current Account 54.00 14.60 XOF Billion Dec 2021
Imports 741.10 782.70 XOF Billion Mar 2022
Exports 782.60 725.70 XOF Billion Mar 2022

Burkina Faso Balance of Trade
Burkina Faso’s systemic trade deficit is due to the country’s dependence on fuel imports and volatile exports. A drought prone climate and commodities price fluctuations influence Burkina Faso’s main exports: gold (70 percent of total exports) and cotton (13 percent). Burkina Faso main trading partners are: China, France and Ivory Coast.
Actual Previous Highest Lowest Dates Unit Frequency
41.40 -56.70 200.80 -276.30 1998 - 2022 XOF Billion Quarterly