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Pricing

2021
Flag → Flag
Exports $1.62MRnk 63 / 0
2021
Flag → Flag
Exports $82kRnk 36 / 92
2021
Flag → Flag
Top Product $48.3kNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH60.6%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC $833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH22.4%CURRENT US$
Rnk 78 / 186

About

Burkina Faso-Gambia Trade: In 2021, Burkina Faso exported $1.62M to Gambia. The main products that Burkina Faso exported to Gambia were N/A. Over the past 5 years the exports of Burkina Faso to Gambia have increased at an annualized rate of 54.2%, from $186k in 2016 to $1.62M in 2021.

In 2021, Burkina Faso did not export any services to Gambia.

Gambia-Burkina Faso In N/A, Gambia did not export any products to Burkina Faso.

In 2021, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Burkina Faso exported $1.62M to Gambia. There were not main exports from Burkina Faso to Gambia in 2021. During the last 5 years the exports of Burkina Faso to Gambia have increased at an annualized rate of 54.2%, from $186k in 2016 to $1.62M in 2021.

Gambia does not register exports to Burkina Faso. The main products exported from Gambia to Burkina Faso were Non-fillet Frozen Fish ($48.3k).

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

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

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Gambia
Top DestinationIndia$52.9M

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

In 2022, countries that imported more from Burkina Faso than Gambia included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

In 2022, countries that imported more from Gambia than Burkina Faso included Chile ($11.1M), Chinese Taipei ($6.72M), and Portugal ($9.02M).

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

Comparative Advantage Burkina Faso - Gambia

Flow
Scale

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

During 2021, Burkina Faso had a large net trade with Gambia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Gambia+$1.57kCement
Top Product Potential Gambia Burkina Faso+$47.5kNon-fillet Frozen Fish

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

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

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