2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 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
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Burkina Faso-Germany Trade: In 2022, Burkina Faso exported $61.9M to Germany. The main products that Burkina Faso exported to Germany were Zinc Ore ($36.3M), Tropical Fruits ($10.7M), and Raw Cotton ($4.91M). Over the past 5 years the exports of Burkina Faso to Germany have increased at an annualized rate of 1%, from $58.9M in 2017 to $61.9M in 2022.

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

Germany-Burkina Faso Trade: In 2022, Germany exported $138M to Burkina Faso. The main products that Germany exported to Burkina Faso were Washing and Bottling Machines ($17.5M), Hard Liquor ($12M), and Stone Processing Machines ($10.1M). Over the past 5 years the exports of Germany to Burkina Faso have increased at an annualized rate of 0.67%,  from $121M in 2017 to $138M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $61.9M to Germany. The main products exported from Burkina Faso to Germany were Zinc Ore ($36.3M), Tropical Fruits ($10.7M), and Raw Cotton ($4.91M). During the last 5 years the exports of Burkina Faso to Germany have increased at an annualized rate of 1%, from $58.9M in 2017 to $61.9M in 2022.

In 2017, Germany exported $138M to Burkina Faso. The main products exported from Germany to Burkina Faso were Washing and Bottling Machines ($17.5M), Hard Liquor ($12M), and Stone Processing Machines ($10.1M). During the last 5 years the exports of Germany to Burkina Faso have increased at an annualized rate of 0.67%, from $121M in 2022 to $138M in 2017.

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

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

Latest Data

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

Burkina Faso Exports

Germany Exports

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6.08B
Germany
Top Destination
United States$153B

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

In 2022, countries that imported more from Burkina Faso than Germany included Mali ($304M) and North Korea ($70.9k).

In 2022, countries that imported more from Germany than Burkina Faso included United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Burkina Faso - Germany

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Germany in the exports of Mineral Products ($36.9M), Vegetable Products ($17.5M), and Textiles ($5.14M).

During 2017, Germany had a large net trade with Burkina Faso in the exports of Machines ($52.8M), Foodstuffs ($18.2M), and Transportation ($16.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Germany+$4.54MCoconuts, Brazil Nuts, and Cashews
Top Product Potential Germany Burkina Faso+$4.82MCars

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

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

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