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2022
Flag → Flag
Exports $9.13MRnk 17 / 128
2022
Flag → Flag
Top Product $5.19MOther Oily Seeds
2022
Flag → Flag
Exports $11.7MRnk 25 / 131
2022
Flag → Flag
Top Product $7.05MRaw Iron Bars
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 86 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$17.4BCURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP GROWTH56.2%CURRENT US$
Rnk 48 / 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 $1,303CURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP PC GROWTH17.1%CURRENT US$
Rnk 95 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Benin-Burkina Faso Trade: In 2022, Benin exported $9.13M to Burkina Faso. The main products that Benin exported to Burkina Faso were Other Oily Seeds ($5.19M), Other Vegetable Residues ($608k), and Packaged Medicaments ($531k). Over the past 5 years the exports of Benin to Burkina Faso have decreased at an annualized rate of 2.46%, from $10.3M in 2017 to $9.13M in 2022.

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

Burkina Faso-Benin Trade: In 2022, Burkina Faso exported $11.7M to Benin. The main products that Burkina Faso exported to Benin were Raw Iron Bars ($7.05M), Large Construction Vehicles ($510k), and Other Iron Bars ($420k). Over the past 5 years the exports of Burkina Faso to Benin have increased at an annualized rate of 14.2%,  from $2.08M in 2017 to $11.7M in 2022.

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

Comparison: In 2022,  Benin ranked 86 in the Economic Complexity Index (ECI -0.5), and 149 in total exports ($1.67B). 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, Benin exported $9.13M to Burkina Faso. The main products exported from Benin to Burkina Faso were Other Oily Seeds ($5.19M), Other Vegetable Residues ($608k), and Packaged Medicaments ($531k). During the last 5 years the exports of Benin to Burkina Faso have decreased at an annualized rate of 2.46%, from $10.3M in 2017 to $9.13M in 2022.

In 2017, Burkina Faso exported $11.7M to Benin. The main products exported from Burkina Faso to Benin were Raw Iron Bars ($7.05M), Large Construction Vehicles ($510k), and Other Iron Bars ($420k). During the last 5 years the exports of Burkina Faso to Benin have increased at an annualized rate of 14.2%, from $2.08M in 2022 to $11.7M in 2017.

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

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

Latest Data

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

Benin Exports

Burkina Faso Exports

Market Competitiveness

Color
Benin
Top DestinationIndia$448M
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Benin than Burkina Faso included Bangladesh ($406M), India ($448M), and Egypt ($41.7M).

In 2022, countries that imported more from Burkina Faso than Benin included Switzerland ($6.08B), Mali ($304M), and Singapore ($173M).

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

Comparative Advantage Benin - Burkina Faso

Flow
Scale

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

During 2022, Benin had a large net trade with Burkina Faso in the exports of Vegetable Products ($5.24M), Foodstuffs ($1.27M), and Chemical Products ($1.04M).

During 2017, Burkina Faso had a large net trade with Benin in the exports of Metals ($8.28M), Machines ($1.24M), and Transportation ($724k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Benin Burkina Faso+$751kRefined Petroleum
Top Product Potential Burkina Faso Benin+$312kDelivery Trucks

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 Benin and Burkina Faso. This means that a dot/product with the flag of Benin 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 Benin.

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

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