Burkina Faso: Trade balance, in dollars

* indicates monthly or quarterly data series
 Burkina Faso

Trade balance, billion USD

 Latest value 0.4
 Year 2021
 Measure billion U.S. dollars
 Data availability 2005 - 2021
 Average -0.73
 Min - Max -1.6 - 0.58
 Source The World Bank
For that indicator, we provide data for Burkina Faso from 2005 to 2021. The average value for Burkina Faso during that period was -0.73 billion U.S. dollars with a minimum of -1.6 billion U.S. dollars in 2013 and a maximum of 0.58 billion U.S. dollars in 2020. The latest value from 2021 is 0.4 billion U.S. dollars. For comparison, the world average in 2021 based on 168 countries is 4.96 billion U.S. dollars. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

Recent values chart
Burkina Faso - Trade balance, in dollars - recent values

Historical chart
Burkina Faso - Trade balance, in dollars - historical chart - 2005-2021

Definition: Net trade in goods and services is derived by offsetting imports of goods and services against exports of goods and services. Exports and imports of goods and services comprise all transactions involving a change of ownership of goods and services between residents of one country and the rest of the world. Data are in current U.S. dollars.

 Related indicators Latest value Reference Measure
 Terms of trade 120.88 2021 percent
 Trade openness 64.85 2022 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 31.75 2022 percent
 Exports, billion dollars 5.97 2022 billion U.S. dollars
 Growth of exports -8.42 2022 percent
 Imports, percent of GDP 33.10 2022 percent
 Imports, billion dollars 6.23 2022 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.64 2022 percent
 Foreign Direct Investment, billion dollars 0.12 2022 billion U.S. dollars
 Portfolio investment inflows, equities 34.15 2021 million dollars (current)
 Current account, percent of GDP -4.70 2022 percent
 Current account, in dollars 0.08 2021 billion U.S. dollars
 Trade balance, percent of GDP -1.35 2022 percent
 Trade balance, in dollars 0.40 2021 billion U.S. dollars
 Remittances, percent of GDP 3.13 2022 percent
 Remittances 588.58 2022 million U.S. dollars
 Net errors and omissions -42.22 2021 million USD
 External debt 57.58 2022 percent
 Short-term external debt 0.00 2022 percent
 Foreign exchange reserves 186.30 9/2022 billion
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