Burkina Faso (BFA) and Haiti (HTI) Trade | The Observatory of Economic Complexity

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Burkina Faso-Haiti Trade: In 2021, Burkina Faso exported $8.13k to Haiti. The main products that Burkina Faso exported to Haiti were N/A. Over the past 15 years the exports of Burkina Faso to Haiti have decreased at an annualized rate of 9.97%, from $39.3k in 2006 to $8.13k in 2021.

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

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

In 2021, Haiti 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, Haiti ranked 156 in total exports ($1.28B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Burkina Faso exported $8.13k to Haiti. There were not main exports from Burkina Faso to Haiti in 2021. During the last 15 years the exports of Burkina Faso to Haiti have decreased at an annualized rate of 9.97%, from $39.3k in 2006 to $8.13k in 2021.

Haiti does not register exports to Burkina Faso. The main products exported from Haiti to Burkina Faso were Stone Processing Machines ($9.01k).

Exports from Burkina Faso () to Haiti () (2022)

Exports from Haiti () to Burkina Faso () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burkina Faso
Top DestinationSwitzerland$6.08B

Haiti
Top DestinationUnited States$1.08B

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

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

In 2022, countries that imported more from Haiti than Burkina Faso included United States ($1.08B), Mexico ($29.4M), and Thailand ($16.4M).

Difference in imports from Haiti () and Burkina Faso () (2022)

Comparative Advantage Burkina Faso - Haiti

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Burkina Faso Haiti+$2.03kRefined Petroleum

Top Product Potential Haiti Burkina Faso+$1.68kKnit T-shirts

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

Year

This visualization shows the product space at the HS4 level with the flags of Burkina Faso and Haiti. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Haiti. Similarly, a dot/product with the flag of Haiti indicates it has a comparative advantage over Burkina Faso.

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Historical Data

Bilateral Trade by Products

Exports from Burkina Faso () to Haiti () (2022)

Exports from Haiti () to Burkina Faso () (2022)

Market Competitiveness

Difference in imports from Haiti () and Burkina Faso () (2022)

Comparative Advantage Burkina Faso - Haiti

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burkina Faso () and Haiti () (2022)

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