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EIQ

Trade corridors

Burkina Faso and Nigeria

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

Burkina Faso sells, 2024
$3.5m
+213.5% a year
Burkina Faso buys, 2024
$31.4m
+18.0% a year
Listed in Nigeria
1
buyers, 61 suppliers
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Trade safely with Nigeria

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 Nigeria about $3.5 million of goods. The biggest products were photographic, instruments and appliances used in medical and reagents, which together make up 93% of the total. The total has grown by about 214% a year since 2022. Among the leading products, instruments and appliances used in medical is growing fastest, at about 8,354% a year.

In 2024, Burkina Faso bought about $31.4 million of goods from Nigeria. The biggest products were petroleum oils and oils from bituminous…, cigars, cheroots, cigarillos and cigarettes and cartons, boxes, cases, bags and the like, which together make up 82% of the total. More than half of this trade is one product (petroleum oils and oils from bituminous…), so it leans heavily on that one line. The total has grown by about 18% a year since 2022. Among the leading products, petroleum oils and oils from bituminous… is growing fastest, at about 2,603% 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 Nigeria Burkina Faso buys from Nigeria
$0 $20m $40m 2022 $360k $22.6m 2023 $71k $10.2m 2024 $3.5m $31.4m
View as a table
Year Burkina Faso sells to Nigeria Burkina Faso buys from Nigeria
2022 $360k $22.6m
2023 $71k $10.2m
2024 $3.5m $31.4m

What Burkina Faso sells to Nigeria

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

The two countries do not agree on this trade. Nigeria reports $40k for 2024, against $3.5m in the table below. Customs valuation, missing reports and goods passing through other countries all cause gaps like this, and we cannot tell which figure is closer. Treat both as indicative.
Product Value Share Growth
Photographic (including cinematographic) laboratory apparatus and equipment, not listed elsewhere in chapter 9… Product code 9010 · Optical and medical instruments $1.5m Nigeria reports none 43.8% n/a
Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic a… Product code 9018 · Optical and medical instruments $1.5m Nigeria reports $3k 42.5% +8,354.2% a year
Reagents (diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents whether o… Product code 3822 · Miscellaneous chemicals $227k 6.4% n/a
7 more products are in the full list. Create a free account to see them, or sign in.

Biggest product groups: Optical and medical instruments (91%), Miscellaneous chemicals (6%), Electrical equipment (1%), Iron and steel articles (1%), Vehicles (0%) .

What Burkina Faso buys from Nigeria

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 $19.7m Nigeria reports none 62.8% +2,603.4% a year
Cigars, cheroots, cigarillos and cigarettes (of tobacco or of tobacco substitutes) Product code 2402 · Tobacco $3.2m 10.2% +16.1% a year
Cartons, boxes, cases, bags and the like, of paper, paperboard, cellulose wadding or fibres (box files, letter… Product code 4819 · Paper and board $2.9m 9.3% +22.7% a year
7 more products are in the full list. Create a free account to see them, or sign in.

Biggest product groups: Fuels and oils (63%), Tobacco (10%), Paper and board (9%), Glass (3%), Footwear (3%) .

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 buys from Nigeria
Motor vehicles (parts and accessories, of heading no. 8701 to 8705)
$575k in 2024 · up about 72% a year · $195k in 2022
New or much bigger: Burkina Faso sells to Nigeria
Photographic (including cinematographic) laboratory apparatus and equipment, not listed elsewhere in chapter 9…
$1.5m in 2024 · not traded in 2022
New or much bigger: Burkina Faso buys from Nigeria
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by…
$19.7m in 2024 · was $27k 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.

Nigeria buys a lot of these. Burkina Faso supplies little.
Petroleum oils and oils from bituminous minerals, not crude (preparations not listed elsewhere, containing by…
Nigeria imported $14.7bn (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. Nigeria supplies little.
Petroleum gases and other gaseous hydrocarbons
Nigeria exports $8.7bn of this to the world (2024). Burkina Faso bought almost none of that from it. Burkina Faso imports $117.0m of this from the world.
See the full picture for Burkina Faso and Nigeria

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.

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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.