1945

In 2011, the value of merchandise exports of Burkina Faso increased substantially by 79.5 percent to reach 2.3 bln US$, while its merchandise imports increased by 17.5 percent to reach 2.4 bln US$ (see graph 1, table 2 and table 3). The merchandise trade balance recorded a relatively small deficit of 94.0 mln US$ (see graph 1). The largest merchandise trade balance was with MDG Developed Europe at 991.4 mln US$ (see graph 4). Merchandise exports in Burkina Faso were highly concentrated amongst partners; imports were diversified. The top 3 partners accounted for 80 percent or more of exports and 21 partners accounted for 80 percent or more of imports (see graph 5). In 2011, the value of exports of services of Burkina Faso increased substantially by 30.2 percent, reaching 395.2 mln US$, while its imports of services decreased substantially by 17.1 percent and reached 1.1 bln US$ (see graph 2). There was a large trade in services deficit of 685.8 mln US$.

Related Subject(s): International Trade and Finance
Countries: Burkina Faso
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