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EIQ

Trade corridors

Burkina Faso and Liberia

What moves each way, the scams to watch for, and what to check before you trade.

Burkina Faso sells, 2024
$3k
-97.1% a year
Burkina Faso buys, 2024
$617k
+352.3% a year
Listed in Liberia
0
buyers, 0 suppliers
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Trade safely with Liberia

The scams, documents and rules that matter on this corridor. Written and reviewed by our team, and dated.

Checks that apply to any deal on this corridor

Corridor-specific scam patterns and rules are still being reviewed by our team and will appear here once published.

  • Confirm the company exists in an official register and that its name matches the one on the invoice.
  • Before paying into a new or changed bank account, phone the company on a number you already hold, not one from the invoice or email.
  • Test the container number, ship number, ports and dates on the bill of lading with the Document checker.
  • Be wary of paying in advance for goods you have not seen, or of fees demanded to release a shipment.
  • Ask the carrier directly to confirm the shipment exists and where it is.
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In short

In 2024, Burkina Faso sold Liberia about $3 thousand of goods. Almost all of it is petroleum oils and oils from bituminous…. The total has fallen by about 97% a year since 2022.

In 2024, Burkina Faso bought about $617 thousand of goods from Liberia. The biggest products were air or vacuum pumps, air or other gas…, motor cars and other motor vehicles and machinery parts, which together make up 100% of the total. More than half of this trade is one product (air or vacuum pumps, air or other gas…), so it leans heavily on that one line. The total has grown by about 352% a year since 2022.

Trade by year

Total trade each year, as reported in the tables below. A missing bar means no report for that year, not zero trade.

Burkina Faso sells to Liberia Burkina Faso buys from Liberia
$0 $4m $8m 2022 $4.2m $30k 2023 $375k $209k 2024 $3k $617k
View as a table
Year Burkina Faso sells to Liberia Burkina Faso buys from Liberia
2022 $4.2m $30k
2023 $375k $209k
2024 $3k $617k

What Burkina Faso sells to Liberia

Ranked by value in 2024, by 4-digit product code. Growth is the yearly rate since 2022.

Product Value Share Growth
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by… Product code 2710 · Fuels and oils $3k 100.0% n/a

What Burkina Faso buys from Liberia

Ranked by value in 2024, by 4-digit product code. Growth is the yearly rate since 2022.

Product Value Share Growth
Air or vacuum pumps, air or other gas compressors and fans (ventilating or recycling hoods incorporating a fan… Product code 8414 · Machinery $612k 99.1% n/a
Motor cars and other motor vehicles (principally designed for the transport of persons (other than those of he… Product code 8703 · Vehicles $4k 0.6% n/a
Machinery parts (used solely or principally with the machinery of heading no. 8425 to 8430) Product code 8431 · Machinery $2k 0.3% n/a

Biggest product groups: Machinery (99%), Vehicles (1%) .

Where the opportunities are

Products that are moving on this corridor. Only products of a meaningful size are listed. Treat these as leads to check, not promises: a fast rise can reverse.

New or much bigger: Burkina Faso buys from Liberia
Air or vacuum pumps, air or other gas compressors and fans (ventilating or recycling hoods incorporating a fan…
$612k in 2024 · not traded in 2022

Room to grow

Products that a market buys a lot of, where this corridor supplies only a small part. Shares are for the latest year both sides reported. A small share can also mean a hard market, so check the rules and the buyer first.

Liberia buys a lot of these. Burkina Faso supplies little.
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by…
Liberia imported $526.9m (2024). Burkina Faso supplied almost none of it. Burkina Faso exports $54.5m of this to the world.
Burkina Faso buys a lot of these. Liberia supplies little.
Palm oil and its fractions (whether or not refined, but not chemically modified)
Liberia exports $22.2m of this to the world (2024). Burkina Faso bought almost none of that from it. Burkina Faso imports $42.6m of this from the world.
See the full picture for Burkina Faso and Liberia

A free account shows the complete product lists, every fast-growing and new product, and the markets where this corridor supplies little. Accounts are checked by hand, so use your business email.

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How to read these figures

Value is what was traded in the year, in US dollars. A big number means a big market, not necessarily an easy one to enter.

Share is that product's part of the total in the table above. A product with a large share is what this corridor already trades most of.

Growth is the average yearly change since the first year shown. A green figure means trade in that product is rising.

Product code is the international customs code (HS) for the product group. Your customs agent and the guide below will ask for it, and it decides the duty you pay.

These are totals reported by customs authorities, not prices or orders. Use them to see where demand exists, then check the rules and the company you plan to deal with.

Before you pay
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Companies in Liberia
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Trade figures are what each country reported to the UN (Comtrade), in US dollars. Imports are usually reported including freight and insurance, exports without, so the two sides of a corridor will not match exactly. Company counts are companies listed on ExporterIQ.