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2022
Flag → Flag
Exports $8.38MRnk 53 / 150
2022
Flag → Flag
Top Product $7.2MRefined Petroleum
2022
Flag → Flag
Exports $741kRnk 46 / 131
2022
Flag → Flag
Top Product $728kPrepared Cotton
2022
Flag
Economic Complexity (ECI) ECI -1.55Rnk 126 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$107BCURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP GROWTH-14.6%CURRENT US$
Rnk 177 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC $2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH-39.6%CURRENT US$
Rnk 182 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Angola-Burkina Faso Trade: In 2022, Angola exported $8.38M to Burkina Faso. The main products that Angola exported to Burkina Faso were Refined Petroleum ($7.2M), Cement ($1.11M), and Glass Bottles ($73.4k). Over the past 5 years the exports of Angola to Burkina Faso have increased at an annualized rate of 33.9%, from $1.95M in 2017 to $8.38M in 2022.

In 2022, Angola did not export any services to Burkina Faso.

Burkina Faso-Angola Trade: In 2022, Burkina Faso exported $741k to Angola. The main products that Burkina Faso exported to Angola were Prepared Cotton ($728k), Centrifuges ($13k), and Other Edible Preparations ($101). Over the past 5 years the exports of Burkina Faso to Angola have increased at an annualized rate of 134%,  from $4.49k in 2017 to $741k in 2022.

In 2022, Burkina Faso did not export any services to Angola.

Comparison: In 2022,  Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Angola exported $8.38M to Burkina Faso. The main products exported from Angola to Burkina Faso were Refined Petroleum ($7.2M), Cement ($1.11M), and Glass Bottles ($73.4k). During the last 5 years the exports of Angola to Burkina Faso have increased at an annualized rate of 33.9%, from $1.95M in 2017 to $8.38M in 2022.

In 2017, Burkina Faso exported $741k to Angola. The main products exported from Burkina Faso to Angola were Prepared Cotton ($728k), Centrifuges ($13k), and Other Edible Preparations ($101). During the last 5 years the exports of Burkina Faso to Angola have increased at an annualized rate of 134%, from $4.49k in 2022 to $741k in 2017.

Exports from Angola (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Angola (Flag) (2022)

Latest Data

Trade between Angola (Flag) and Burkina Faso (Flag)

Angola Exports

Market Competitiveness

Color
Angola
Top DestinationChina$21.8B
Burkina Faso
Top DestinationSwitzerland$6.08B

This map shows whether countries import more from Angola or Burkina Faso. Each country is colored based on the difference in imports they receive from Angola and Burkina Faso or the difference in the growth in imports.

In 2022, countries that imported more from Angola than Burkina Faso included China ($21.8B), India ($4.81B), and Netherlands ($3.91B).

In 2022, countries that imported more from Burkina Faso than Angola included Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

Difference in imports from Burkina Faso (Flag) and Angola (Flag) (2022)

Comparative Advantage Angola - Burkina Faso

Flow
Scale

This chart compares trade between Angola and Burkina Faso by product, considering products traded by both, Angola and Burkina Faso.

During 2022, Angola had a large net trade with Burkina Faso in the exports of Mineral Products ($8.3M), Stone And Glass ($73.4k), and Machines ($4.01k).

During 2017, Burkina Faso had a large net trade with Angola in the exports of Textiles ($728k), Machines ($13k), and Foodstuffs ($101).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Angola Burkina Faso+$2.91MRefined Petroleum
Top Product Potential Burkina Faso Angola+$14.7kCentrifuges

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Angola and Burkina Faso. This means that a dot/product with the flag of Angola indicates it has a comparative advantage over Burkina Faso. Similarly, a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Angola.

Product Space of Angola (Flag) and Burkina Faso (Flag) (2022)

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