Flag Burkina Faso / Niger Flag

Exports FlagFlag  (2018): $18.3M, Rnk 18 / 112

Top Product FlagFlag (2018): $11M, Raw Iron Bars

Exports FlagFlag (2018): $16.2M, Rnk 3 / 84

Top Product FlagFlag (2018): $15.5M, Refined Petroleum

Economic Complexity of Flag (2018): ECI -1.46, Rnk 129 / 137

GDP Flag (2018): $14.1B, CURRENT US$
Rnk 128 / 196

GDP GROWTH Flag (2008-2018): 68.8%, CURRENT US$
Rnk 58 / 196

GDP Flag (2018): $9.29B, CURRENT US$
Rnk 144 / 196

GDP GROWTH Flag (2008-2018): 72.7%, CURRENT US$
Rnk 52 / 196

GDP PC Flag (2018): $715, CURRENT US$
Rnk 183 / 196

GDP PC GROWTH Flag (2008-2018): 25.5%, CURRENT US$
Rnk 94 / 196

GDP PC Flag (2018): $414, CURRENT US$
Rnk 193 / 196

GDP PC GROWTH Flag (2008-2018): 17.4%, CURRENT US$
Rnk 107 / 196

Burkina Faso-Niger: In 2018, Burkina Faso exported $18.3M to Niger. The main products exported from Burkina Faso to Niger were Raw Iron Bars ($11M), Coated Flat-Rolled Iron ($1.16M), and Water ($1.1M). During the last 23 years the exports of Burkina Faso to Niger have increased at an annualized rate of 9.46%, from $2.29M in 1995 to $18.3M in 2018.

Niger-Burkina Faso: In 2018, Niger exported $16.2M to Burkina Faso. The main products exported from Niger to Burkina Faso were Refined Petroleum ($15.5M), Cereal Flours ($198k), and Onions ($107k). During the last 23 years the exports of Niger to Burkina Faso have increased at an annualized rate of 11.1%, from $1.44M in 1995 to $16.2M in 2018.

Comparison: In 2018, Burkina Faso ranked 129 in the Economic Complexity Index (ECI -1.46), and 110 in total exports ($5.68B). That same year, Niger ranked 161 in total exports ($539M), and does not have data regarding Economic Complexity Index. In terms of GDP Per Capita, Burkina Faso was ranked 183 with a GDP Per Capita of $715, and Niger was ranked 193 with a GDP Per Capita of $414.

Bilateral Trade by Products

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Depth
Value

In 2018, Burkina Faso exported $18.3M to Niger. The main products exported from Burkina Faso to Niger were Raw Iron Bars ($11M), Coated Flat-Rolled Iron ($1.16M), and Water ($1.1M). During the last 23 years the exports of Burkina Faso to Niger have increased at an annualized rate of 9.46%, from $2.29M in 1995 to $18.3M in 2018.

In 2018, Niger exported $16.2M to Burkina Faso. The main products exported from Niger to Burkina Faso were Refined Petroleum ($15.5M), Cereal Flours ($198k), and Onions ($107k). During the last 23 years the exports of Niger to Burkina Faso have increased at an annualized rate of 11.1%, from $1.44M in 1995 to $16.2M in 2018.

Date

Market Competitiveness

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Measure

Burkina Faso
Top Destination
: Switzerland, $3.21B

Niger
Top Destination
: United Arab Emirates, $296M

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

In 2018, countries that imported more from Burkina Faso than Niger were Switzerland ($3.21B), India ($1.16B), and Singapore ($253M).

In 2018, countries that imported more from Niger than Burkina Faso were United Arab Emirates ($296M), China ($159M), and Nigeria ($6.24M).

Comparative Advantage Burkina Faso - Niger

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Depth

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

During 2018, Burkina Faso had a large net trade with Niger in the exports of Metals ($12.5M), Chemical Products ($1.65M), and Vegetable Products ($1.36M).

During 2018, Niger had a large net trade with Burkina Faso in the exports of Mineral Products ($15.5M), Vegetable Products ($444k), and Miscellaneous ($46.7k).

Trade Forecasts

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This section shows a forecast for total trade between Burkina Faso and Niger. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more Burkina Faso has comparative advantage over Niger. Similarly, the more red a dot/product is, the more Niger has comparative advantage over Burkina Faso.