Skip to content
EIQ

Trade corridors

Burkina Faso and Mali

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

Burkina Faso sells, 2024
$129.9m
-34.4% a year
Burkina Faso buys, 2024
$24.1m
+11.3% a year
Listed in Mali
0
buyers, 7 suppliers
Check a document Check a company

Trade safely with Mali

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.
Document checker
Do the details on this bill of lading or invoice add up?
Check who you deal with
Companies in Mali
Seen a scam here?
Report it to our team
In short

In 2024, Burkina Faso sold Mali about $129.9 million of goods. The biggest products were portland cement, aluminous cement, waters, including mineral and aerated waters and iron or non-alloy steel, bars and rods, which together make up 66% of the total. More than half of this trade is one product (portland cement, aluminous cement), so it leans heavily on that one line. The total has fallen by about 34% a year since 2022. Among the leading products, iron or non-alloy steel, bars and rods is growing fastest, at about 159% a year.

In 2024, Burkina Faso bought about $24.1 million of goods from Mali. The biggest products were fertilizers, mineral or chemical, medicaments and ethyl alcohol, undenatured, which together make up 88% of the total. More than half of this trade is one product (fertilizers, mineral or chemical), so it leans heavily on that one line. The total has grown by about 11% a year since 2022. Among the leading products, buckwheat, millet and canary seeds is growing fastest, at about 533% a year.

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 Mali Burkina Faso buys from Mali
$0 $200m $400m 2022 $301.9m $19.4m 2023 $268.3m $34.2m 2024 $129.9m $24.1m
View as a table
Year Burkina Faso sells to Mali Burkina Faso buys from Mali
2022 $301.9m $19.4m
2023 $268.3m $34.2m
2024 $129.9m $24.1m

What Burkina Faso sells to Mali

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

Product Value Share Growth
Portland cement, aluminous cement (ciment fondu), slag cement, supersulphate cement and similar hydraulic ceme… Product code 2523 · Salt, stone and cement $70.2m 54.0% -7.1% a year
Waters, including mineral and aerated waters, containing added sugar or sweetening matter, flavoured (other no… Product code 2202 · Beverages and spirits $10.2m 7.8% +106.5% a year
Iron or non-alloy steel (bars and rods, hot-rolled, in irregularly wound coils) Product code 7213 · Iron and steel $6.0m Mali reports none 4.6% +159.0% a year
7 more products are in the full list. Create a free account to see them, or sign in.

Biggest product groups: Salt, stone and cement (54%), Iron and steel (10%), Beverages and spirits (8%), Vehicles (6%), Machinery (5%) .

What Burkina Faso buys from Mali

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

Product Value Share Growth
Fertilizers (mineral or chemical, containing 2 or 3 of the elements nitrogen, phosphorus, potassium, other fer… Product code 3105 · Fertilisers $17.2m 71.4% +20.8% a year
Medicaments ((not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therape… Product code 3004 · Pharmaceuticals $3.4m 14.2% -13.2% a year
Ethyl alcohol, undenatured (of an alcoholic strength by volume of 80% vol. or higher, ethyl alcohol and other… Product code 2207 · Beverages and spirits $542k Mali reports $7.4m 2.2% +185.3% a year
7 more products are in the full list. Create a free account to see them, or sign in.

Biggest product groups: Fertilisers (71%), Pharmaceuticals (15%), Beverages and spirits (2%), Inorganic chemicals (2%), Cereals (2%) .

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.

Growing fastest: Burkina Faso sells to Mali
Waters, including mineral and aerated waters, containing added sugar or sweetening matter, flavoured (other no…
$10.2m in 2024 · up about 106% a year · $2.4m in 2022
Growing fastest: Burkina Faso buys from Mali
Fertilizers (mineral or chemical, containing 2 or 3 of the elements nitrogen, phosphorus, potassium, other fer…
$17.2m in 2024 · up about 21% a year · $11.8m in 2022
New or much bigger: Burkina Faso sells to Mali
Iron or non-alloy steel (bars and rods, hot-rolled, in irregularly wound coils)
$6.0m in 2024 · was $896k in 2022
New or much bigger: Burkina Faso buys from Mali
Ethyl alcohol, undenatured (of an alcoholic strength by volume of 80% vol. or higher, ethyl alcohol and other…
$542k in 2024 · was $67k in 2022
Traded both ways: an established route
Medicaments ((not goods of heading no. 3002, 3005 or 3006) consisting of mixed or unmixed products for therape… · Burkina Faso sells $443k, buys $3.4m
Fertilizers (mineral or chemical, containing 2 or 3 of the elements nitrogen, phosphorus, potassium, other fer… · Burkina Faso sells $111k, buys $17.2m

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.

Mali buys a lot of these. Burkina Faso supplies little.
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by…
Mali imported $2.0bn (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. Mali supplies little.
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by…
Mali exports $103.3m of this to the world (2024). Burkina Faso bought almost none of that from it. Burkina Faso imports $2.4bn of this from the world.
See the full picture for Burkina Faso and Mali

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.

Create a free account Sign in
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
Check a bill of lading or invoice
Check who you deal with
Companies in Mali
Get it moved
Freight forwarders, customs brokers and more
Other markets
Market finder by product

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.