Burkina Faso recorded a trade deficit of 222.40 CFA Franc Billion in the fourth quarter of 2018. Balance of Trade in Burkina Faso averaged -39.20 CFA Franc Billion from 1998 until 2018, reaching an all time high of 58.20 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 -69.81 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 -222.40 -265.40 58.20 -276.00 CFA Franc Billion [+]
Current Account -564.30 -572.00 -46.93 -664.60 CFA Franc Billion [+]
Current Account to GDP -7.20 -7.60 0.50 -13.20 percent [+]
Imports 665.00 580.50 665.00 14.20 CFA Franc Billion [+]
Exports 442.60 315.10 602.00 1.90 CFA Franc Billion [+]
Terms Of Trade 274.40 303.10 386.60 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 [+]

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 October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-222.40 -265.40 58.20 -276.00 1998 - 2018 CFA Franc Billion Quarterly

Country Last Previous
Argentina 1744.00 Sep/19
Australia 5926.00 Aug/19
Brazil 2250.00 Sep/19
Canada -955.30 Aug/19
China 396.50 Sep/19
Euro Area 14702.40 Aug/19
France -5019.00 Aug/19
Germany 16205.00 Aug/19
India -10860.00 Sep/19
Indonesia -160.50 Sep/19
Italy 2585.00 Aug/19
Japan -122.98 Sep/19
Mexico 775.00 Aug/19
Netherlands 3879.00 Aug/19
Russia 12006.00 Aug/19
Saudi Arabia 127500.00 Jun/19
Singapore 3833.90 Sep/19
South Africa 6842.94 Aug/19
South Korea 5973.00 Sep/19
Spain -3984900.00 Aug/19
Switzerland 2881.00 Sep/19
Turkey -2500.39 Aug/19
United Kingdom -1546.00 Aug/19
United States -54896.00 Aug/19