Trade Data Analysis

Burkina Faso: Intra-Africa trade and tariff profile

Burkina Faso: Intra-Africa trade and tariff profile

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This Trade Data Update provides an overview of Burkina Faso’s intra-African trade relationships, both within the Regional Economic Communities (RECs) and with other individual African countries; the top import and export products traded; and applicable tariffs.

Intra-Africa trade

Burkina Faso’s trade composition with Africa is relatively concentrated in a few products in terms for both imports and exports, albeit exports are more concentrated. Burkina Faso has a trade deficit with Africa. In 2017, intra-Africa exports were valued at US$ 370 million while imports were over US$ 984 million. Intra-Africa exports account for 13% of Burkina Faso’s global exports while intra-Africa imports account for 26% of Burkina Faso’s global imports.

The bulk of exports were destined to ECOWAS states – Ivory Coast (51%), Ghana (12%); Togo (9%) and Mali (8%) which had a combined share of 80% of Burkina Faso’s intra-Africa exports. South Africa; Mauritania and Ethiopia were the only non-REC state in the top ten with a combined share of 9% in 2017. Top 10 export destinations accounted for 99% of Burkina Faso’s total intra-Africa exports. Other top destinations include Niger, Senegal and Guinea.

In terms of import sources, again, Ivory Coast (41%), Ghana (18%) and Togo (12%) dominated supply. South Africa came fourth top supplier of imports with a share of 7% of Burkina Faso’s intra-Africa imports. These four countries had a combined import share of 78% in 2017.

Intra-Africa tariff analysis

Burkina Faso is party to ECOWAS and CENSAD. However, no preference is given to CENSAD members unless they are also member of ECOWAS. ECOWAS has a CET in place as already highlighted.

With the exclusion of ECOWAS, Burkina Faso’s total intra-Africa imports were valued at about US$ 73 million in 2017 which is equivalent to about 7% of Burkina Faso’s total intra-Africa imports. Of all products imported, the average tariff rate was about 12%. Main products replacement parts; motor vehicles; mining equipment and petroleum oils (excluding crude), among others. Top 10 imports from these countries accounted for 56% of Burkina Faso’s non-REC intra-Africa imports in 2017.

Downloads

Burkina Faso: Intra-Africa trade and tariff profile | December 2018
Infographic: Burkina Faso – Intra-Africa trade and tariff profile | December 2018
Burkina Faso: Intra-Africa trade data spreadsheet | December 2018

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