Burkina Faso

Burkina ranked No. 172 in total trade value through June with a total of $31.29 million. Exports totaled $29.49 million and Imports totaled $1.8 million, a surplus of $27.69 million.

U.S. trade with Burkina Faso rose to $31.29 million through June

Burkina Faso’s trade with the United States rose to $31.29 million through the first six months of 2020, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 2.87 percent below its total trade during the same time period last year. U.S. exports to Burkina Faso decreased 2.58 percent while U.S. imports from Burkina Faso fell 7.32 percent. The U.S. surplus with Burkina Faso was $27.69 million.

Through June, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Jacksonville, Fla.; No. 2 Port of Virginia; No. 3 Port of Baltimore, Md.; No. 4 Port of Savannah, Ga.; and No. 5 Port of Houston. During the same period the previous year, the top five were No. 1 Port of Portland, Maine; No. 2 John F. Kennedy International Airport; No. 3 Port of Savannah, Ga.; No. 4 Port of New York and No. 5 Cleveland’s Hopkins International Airport, Ohio. In the current time period, the top five accounted for 55.74 percent of Burkina Faso’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Jacksonville, Fla. rose 3615.77 percent to $4 million.
    Exports rose 3615.77 percent to $4 million. There were no imports.
  • Trade with No. 2 Port of Virginia rose 396.86 percent to $3.84 million.
    Exports rose 952.64 percent to $3.73 million. Imports fell 74.31 percent to $107,500.
  • Trade with No. 3 Port of Baltimore, Md. rose 122.42 percent to $3.77 million.
    Exports rose 122.42 percent to $3.77 million. There were no imports.
  • Trade with No. 4 Port of Savannah, Ga. fell 16.66 percent to $3.04 million.
    Exports fell 17.02 percent to $3.02 million. Imports rose 132.8 percent to $20,000.
  • Trade with No. 5 Port of Houston rose 167.39 percent to $2.79 million.
    Exports rose 146.74 percent to $2.58 million. Imports totaled $215,573.

Burkina Faso ranked No. 172 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 178.

Meanwhile, total U.S. trade with the world increased to $1.77 trillion, down 57.4 percent compared to the same period last year. The nation’s exports dropped 58.23 percent to $687.16 billion; imports dropped 56.85 percent to $1.08 trillion. The nation’s top five countries so far this year, by value, are Canada; Mexico; China; Japan and Germany. The overall trade deficit was $391.01 billion, down compared to the same period of last year when the deficit was $853.23 billion.

The top five U.S. exports to Burkina Faso by value through June were the categories of Tanks, armored fighting vehicles, parts; Malt extract, less than 40% cocoa; Misc. machinery for moving, grading; Self-propelled heavy construction machinery; and Tractors, respectively. They accounted for 43.27 percent of total exports to Burkina Faso.

The value of the top five categories of U.S. imports from Burkina Faso –– Coconuts, brazil nuts, cashew nuts; Returned exports, without change; Almonds, walnuts, pistachios, hazelnuts, etc.; Plants for pharmacy, perfume, insecticides; and Avocados, dates, figs, pineapples, etc. –– accounted for 90.17 percent of all inbound shipments.

Looking more closely at U.S. exports to Burkina Faso:

  • Tanks, armored fighting vehicles, parts totaled $3.94 million. The previous year, there were no exports in this category.
  • Malt extract, less than 40% cocoa totaled $2.68 million. The previous year, there were no exports in this category.
  • Misc. machinery for moving, grading totaled $2.28 million. The previous year, there were no exports in this category.
  • Self-propelled heavy construction machinery rose 9.13 percent compared to last year to $2.1 million.
  • Tractors rose 82.71 percent compared to last year to $1.77 million.

Looking more closely at U.S. imports from Burkina Faso:

  • Coconuts, brazil nuts, cashew nuts fell 31.07 percent compared to last year to $865,609.
  • Returned exports, without change rose 71.31 percent compared to last year to $473,087.
  • Almonds, walnuts, pistachios, hazelnuts, etc. totaled $103,838. The previous year, there were no imports in this category.
  • Plants for pharmacy, perfume, insecticides rose 246.83 percent compared to last year to $100,750.
  • Avocados, dates, figs, pineapples, etc. fell 43.13 percent compared to last year to $75,752.

In the latest annual figures available, Burkina Faso recorded $72.88 million in trade with the United States. Total U.S. exports to Burkina Faso were $ 66.9 million and imports from Burkina Faso were $5.98 million. The U.S. surplus with Burkina Faso was $60.92 million.