2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP
$20.4BCURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP GROWTH
46.3%CURRENT US$
Rnk 73 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC
$7,738CURRENT US$
Rnk 86 / 186
2012-2022
Flag
GDP PC GROWTH
21%CURRENT US$
Rnk 82 / 186

About

Burkina Faso-Botswana Trade: In 2022, Burkina Faso exported $628k to Botswana. The main products that Burkina Faso exported to Botswana were Interchangeable Tool Parts ($191k), Glass Bulbs ($64.5k), and Excavation Machinery ($62.5k). Over the past 15 years the exports of Burkina Faso to Botswana have increased at an annualized rate of 49.4%, from $1.52k in 2007 to $628k in 2022.

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

Botswana-Burkina Faso Trade: In 2022, Botswana exported $8.36k to Burkina Faso. The main products that Botswana exported to Burkina Faso were Aircraft Launch Gear ($7.41k) and Valves ($954). Over the past 15 years the exports of Botswana to Burkina Faso have decreased at an annualized rate of 41.4%,  from $207k in 2007 to $8.36k in 2022.

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

Comparison: In 2022,  Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B). That same year, Botswana ranked 91 in the Economic Complexity Index (ECI -0.59), and 107 in total exports ($8.65B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $628k to Botswana. The main products exported from Burkina Faso to Botswana were Interchangeable Tool Parts ($191k), Glass Bulbs ($64.5k), and Excavation Machinery ($62.5k). During the last 15 years the exports of Burkina Faso to Botswana have increased at an annualized rate of 49.4%, from $1.52k in 2007 to $628k in 2022.

In 2017, Botswana exported $8.36k to Burkina Faso. The main products exported from Botswana to Burkina Faso were Aircraft Launch Gear ($7.41k) and Valves ($954). During the last 5 years the exports of Botswana to Burkina Faso have decreased at an annualized rate of 41.4%, from $207k in 2022 to $8.36k in 2017.

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

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

Latest Data

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

Botswana Exports

Date

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6.08B
Botswana
Top Destination
United Arab Emirates$2.31B

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

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

In 2022, countries that imported more from Botswana than Burkina Faso included United Arab Emirates ($2.31B), Belgium ($1.55B), and India ($1.28B).

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

Comparative Advantage Burkina Faso - Botswana

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Botswana in the exports of Metals ($290k), Machines ($218k), and Stone And Glass ($64.5k).

During 2017, Botswana had a large net trade with Burkina Faso in the exports of Transportation ($7.41k) and Machines ($954).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Botswana+$67.6kExcavation Machinery
Top Product Potential Botswana Burkina Faso+$1.82kValves

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 Burkina Faso and Botswana. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Botswana. Similarly, a dot/product with the flag of Botswana indicates it has a comparative advantage over Burkina Faso.

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

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