2023
Flag  
GDP
$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH
51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP
$22.3BCURRENT US$
Rnk 116 / 195
2013-2023
Flag
GDP GROWTH
107%CURRENT US$
Rnk 11 / 195
2023
Flag
GDP PC 
$883CURRENT US$
Rnk 182 / 195
2013-2023
Flag
GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195
2023
Flag
GDP PC
$40,396CURRENT US$
Rnk 31 / 196
2013-2023
Flag
GDP PC GROWTH
59.4%CURRENT US$
Rnk 32 / 195

About

Burkina Faso-Malta Trade: In 2023, Burkina Faso exported $18.2k to Malta. The main products that Burkina Faso exported to Malta were Refined Petroleum ($18.1k), Other Edible Preparations ($80), and Beauty Products ($24). Over the past 5 years the exports of Burkina Faso to Malta have decreased at an annualized rate of 9.05%, from $29.3k in 2018 to $18.2k in 2023.

In 2023, Burkina Faso did not export any services to Malta.

Malta-Burkina Faso Trade: In 2023, Malta exported $99.6k to Burkina Faso. The main products that Malta exported to Burkina Faso were Packaged Medicaments ($45.7k), Tractors ($11.9k), and Special purpose motor vehicles ($9.19k). Over the past 5 years the exports of Malta to Burkina Faso have decreased at an annualized rate of 31.5%,  from $660k in 2018 to $99.6k in 2023.

In 2023, Malta did not export any services to Burkina Faso.

Comparison In 2023,  Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36),  and 111 in total exports ($8.35B). That same year, Malta ranked 112 in total exports ($8.21B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $18.2k to Malta. The main products exported from Burkina Faso to Malta were Refined Petroleum ($18.1k), Other Edible Preparations ($80), and Beauty Products ($24). During the last 5 years the exports of Burkina Faso to Malta have decreased at an annualized rate of 9.05%, from $29.3k in 2018 to $18.2k in 2023.

In 2018, Malta exported $99.6k to Burkina Faso. The main products exported from Malta to Burkina Faso were Packaged Medicaments ($45.7k), Tractors ($11.9k), and Special purpose motor vehicles ($9.19k). During the last 5 years the exports of Malta to Burkina Faso have decreased at an annualized rate of 31.5%, from $660k in 2023 to $99.6k in 2018.

Exports from Burkina Faso (Flag) to Malta (Flag) (2023)

Exports from Malta (Flag) to Burkina Faso (Flag) (2023)

Latest Data

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

Malta Exports

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6B
Malta
Top Destination
Nigeria$2.26B

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

In 2023, countries that imported more from Burkina Faso than Malta included Switzerland ($6B), United Arab Emirates ($815M), and Mali ($268M).

In 2023, countries that imported more from Malta than Burkina Faso included Nigeria ($2.26B), Germany ($849M), and China ($494M).

Difference in imports from Malta (Flag) and Burkina Faso (Flag) (2023)

Comparative Advantage Burkina Faso - Malta

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with Malta in the exports of Mineral Products ($18.1k), Foodstuffs ($80), and Chemical Products ($35).

During 2018, Malta had a large net trade with Burkina Faso in the exports of Chemical Products ($45.7k), Transportation ($25.8k), and Machines ($22.5k).

Economic Complexity

Competitive Landscape

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

Product Space of Burkina Faso (Flag) and Malta (Flag) (2023)

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