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2023
Flag → Flag
Exports $43.2MRnk 138 / 216
2023
Flag → Flag
Top Product $8.51MRefined Petroleum
2023
Flag → Flag
Exports $815MRnk 2 / 125
2023
Flag → Flag
Top Product $810MGold
2023
Flag
Economic Complexity (ECI) ECI 0.15Rnk 54 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $49,041CURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP PC GROWTH-5.73%CURRENT US$
Rnk 161 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

United Arab Emirates-Burkina Faso Trade: In 2023, United Arab Emirates exported $43.2M to Burkina Faso. The main products that United Arab Emirates exported to Burkina Faso were Refined Petroleum ($8.51M), Delivery Trucks ($3.32M), and Raw Plastic Sheeting ($2.71M). Over the past 5 years the exports of United Arab Emirates to Burkina Faso have decreased at an annualized rate of 3.43%, from $51.4M in 2018 to $43.2M in 2023.

In 2023, United Arab Emirates did not export any services to Burkina Faso.

Burkina Faso-United Arab Emirates Trade: In 2023, Burkina Faso exported $815M to United Arab Emirates. The main products that Burkina Faso exported to United Arab Emirates were Gold ($810M), Other Oily Seeds ($2.29M), and Raw Cotton ($1.94M). Over the past 5 years the exports of Burkina Faso to United Arab Emirates have increased at an annualized rate of 140%,  from $10.3M in 2018 to $815M in 2023.

In 2023, Burkina Faso did not export any services to United Arab Emirates.

Comparison: In 2023,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United Arab Emirates exported $43.2M to Burkina Faso. The main products exported from United Arab Emirates to Burkina Faso were Refined Petroleum ($8.51M), Delivery Trucks ($3.32M), and Raw Plastic Sheeting ($2.71M). During the last 5 years the exports of United Arab Emirates to Burkina Faso have decreased at an annualized rate of 3.43%, from $51.4M in 2018 to $43.2M in 2023.

In 2018, Burkina Faso exported $815M to United Arab Emirates. The main products exported from Burkina Faso to United Arab Emirates were Gold ($810M), Other Oily Seeds ($2.29M), and Raw Cotton ($1.94M). During the last 5 years the exports of Burkina Faso to United Arab Emirates have increased at an annualized rate of 140%, from $10.3M in 2023 to $815M in 2018.

Exports from United Arab Emirates (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to United Arab Emirates (Flag) (2023)

Latest Data

Trade between United Arab Emirates (Flag) and Burkina Faso (Flag)

United Arab Emirates Exports

Burkina Faso Exports

Market Competitiveness

Color
United Arab Emirates
Top DestinationChina$40.2B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from United Arab Emirates than Burkina Faso included China ($40.2B), India ($38.2B), and Japan ($37.4B).

In 2023, countries that imported more from Burkina Faso than United Arab Emirates included Mali ($268M) and Togo ($114M).

Difference in imports from Burkina Faso (Flag) and United Arab Emirates (Flag) (2023)

Comparative Advantage United Arab Emirates - Burkina Faso

Flow
Scale

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

During 2023, United Arab Emirates had a large net trade with Burkina Faso in the exports of Mineral Products ($9.84M), Transportation ($7.11M), and Machines ($6.76M).

During 2018, Burkina Faso had a large net trade with United Arab Emirates in the exports of Precious Metals ($810M), Vegetable Products ($2.71M), and Textiles ($1.94M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Burkina Faso+$11.7MRefined Petroleum
Top Product Potential Burkina Faso United Arab Emirates+$154MGold

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 United Arab Emirates and Burkina Faso. This means that a dot/product with the flag of United Arab Emirates 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 United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Burkina Faso (Flag) (2023)

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