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2022
Flag → Flag
Exports $965kRnk 42 / 131
2022
Flag → Flag
Top Product $932kOther Oily Seeds
2022
Flag → Flag
Exports $3.76MRnk 155 / 198
2022
Flag → Flag
Top Product $968kOther Knit Garments
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 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$48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186

About

Burkina Faso-Hong Kong Trade: In 2022, Burkina Faso exported $965k to Hong Kong. The main products that Burkina Faso exported to Hong Kong were Other Oily Seeds ($932k), Office Machine Parts ($14.8k), and Telephones ($8.42k). Over the past 5 years the exports of Burkina Faso to Hong Kong have increased at an annualized rate of 15.7%, from $465k in 2017 to $965k in 2022.

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

Hong Kong-Burkina Faso Trade: In 2022, Hong Kong exported $3.76M to Burkina Faso. The main products that Hong Kong exported to Burkina Faso were Other Knit Garments ($968k), Computers ($458k), and Medical Instruments ($296k). Over the past 5 years the exports of Hong Kong to Burkina Faso have increased at an annualized rate of 5.3%,  from $2.9M in 2017 to $3.76M in 2022.

In 2022, Hong Kong 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, Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $965k to Hong Kong. The main products exported from Burkina Faso to Hong Kong were Other Oily Seeds ($932k), Office Machine Parts ($14.8k), and Telephones ($8.42k). During the last 5 years the exports of Burkina Faso to Hong Kong have increased at an annualized rate of 15.7%, from $465k in 2017 to $965k in 2022.

In 2017, Hong Kong exported $3.76M to Burkina Faso. The main products exported from Hong Kong to Burkina Faso were Other Knit Garments ($968k), Computers ($458k), and Medical Instruments ($296k). During the last 5 years the exports of Hong Kong to Burkina Faso have increased at an annualized rate of 5.3%, from $2.9M in 2022 to $3.76M in 2017.

Exports from Burkina Faso (Flag) to Hong Kong (Flag) (2022)

Exports from Hong Kong (Flag) to Burkina Faso (Flag) (2022)

Latest Data

Trade between Burkina Faso (Flag) and Hong Kong (Flag)

Burkina Faso Exports

Hong Kong Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Hong Kong
Top DestinationChina$23.4B

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

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

In 2022, countries that imported more from Hong Kong than Burkina Faso included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

Difference in imports from Hong Kong (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - Hong Kong

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Hong Kong in the exports of Vegetable Products ($932k), Machines ($31.4k), and Plastics and Rubbers ($2.05k).

During 2017, Hong Kong had a large net trade with Burkina Faso in the exports of Machines ($1.26M), Textiles ($1.23M), and Instruments ($505k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Hong Kong+$251kOther Oily Seeds
Top Product Potential Hong Kong Burkina Faso+$1.02MTelephones

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

Product Space of Burkina Faso (Flag) and Hong Kong (Flag) (2022)

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