Burkina Faso recorded a trade deficit of 263.60 CFA Franc Billion in the third quarter of 2018. Balance of Trade in Burkina Faso averaged -38.53 CFA Franc Billion from 1998 until 2018, reaching an all time high of 48.20 CFA Franc Billion in the first quarter of 2018 and a record low of -276 CFA Franc Billion in the third quarter of 2017.

Balance of Trade in Burkina Faso is expected to be -36.79 CFA Franc Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Burkina Faso to stand at -69.81 in 12 months time. In the long-term, the Burkina Faso Balance of Trade is projected to trend around -92.52 CFA Franc Billion in 2020, according to our econometric models.

Burkina Faso Balance of Trade
Forecast Data Chart
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Burkina Faso Trade Last Previous Highest Lowest Unit
Balance of Trade -263.60 -132.50 48.20 -276.00 CFA Franc Billion [+]
Current Account -564.30 -572.00 -46.93 -664.60 CFA Franc Billion [+]
Current Account to GDP -7.60 -6.80 0.50 -13.20 percent [+]
Imports 577.90 570.60 606.60 14.20 CFA Franc Billion [+]
Exports 314.30 438.10 602.20 1.90 CFA Franc Billion [+]
Terms Of Trade 336.40 280.90 386.60 66.90 index points [+]
Terrorism Index 4.81 4.52 4.81 0.00 [+]
External Debt 3188.20 2833.00 3188.20 569.70 EUR Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category

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. This page provides - Burkina Faso Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news. Burkina Faso Balance of Trade - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-263.60 -132.50 48.20 -276.00 1998 - 2018 CFA Franc Billion Quarterly

Country Last Previous
Argentina 1373.00 May/19
Australia 5745.00 May/19
Brazil 5020.00 Jun/19
Canada 762.30 May/19
China 509.76 Jun/19
Euro Area 23033.60 May/19
France -3278.00 May/19
Germany 20600.00 May/19
India -15280.00 Jun/19
Indonesia 196.00 Jun/19
Italy 5347.00 May/19
Japan -967.11 May/19
Mexico 1030.71 May/19
Netherlands 5579.00 May/19
Russia 11823.00 May/19
Saudi Arabia 131636.00 Mar/19
Singapore 2447.20 Jun/19
South Africa 1737.21 May/19
South Korea 4168.00 Jun/19
Spain -1605300.00 Apr/19
Switzerland 1654.00 May/19
Turkey -1837.83 May/19
United Kingdom -2324.00 May/19
United States -55520.00 May/19