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2022
Flag → Flag
Exports $32.4MRnk 18 / 131
2022
Flag → Flag
Top Product $13.8MTropical Fruits
2022
Flag → Flag
Exports $120MRnk 112 / 224
2022
Flag → Flag
Top Product $21.2MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 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$55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186

About

Burkina Faso-Netherlands Trade: In 2022, Burkina Faso exported $32.4M to Netherlands. The main products that Burkina Faso exported to Netherlands were Tropical Fruits ($13.8M), Coconuts, Brazil Nuts, and Cashews ($9.58M), and Other Pure Vegetable Oils ($7.3M). Over the past 5 years the exports of Burkina Faso to Netherlands have increased at an annualized rate of 4.45%, from $26.1M in 2017 to $32.4M in 2022.

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

Netherlands-Burkina Faso Trade: In 2022, Netherlands exported $120M to Burkina Faso. The main products that Netherlands exported to Burkina Faso were Refined Petroleum ($21.2M), Concentrated Milk ($13.4M), and Excavation Machinery ($7.77M). Over the past 5 years the exports of Netherlands to Burkina Faso have increased at an annualized rate of 3.74%,  from $99.6M in 2017 to $120M in 2022.

In 2022, Netherlands 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, Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $32.4M to Netherlands. The main products exported from Burkina Faso to Netherlands were Tropical Fruits ($13.8M), Coconuts, Brazil Nuts, and Cashews ($9.58M), and Other Pure Vegetable Oils ($7.3M). During the last 5 years the exports of Burkina Faso to Netherlands have increased at an annualized rate of 4.45%, from $26.1M in 2017 to $32.4M in 2022.

In 2017, Netherlands exported $120M to Burkina Faso. The main products exported from Netherlands to Burkina Faso were Refined Petroleum ($21.2M), Concentrated Milk ($13.4M), and Excavation Machinery ($7.77M). During the last 5 years the exports of Netherlands to Burkina Faso have increased at an annualized rate of 3.74%, from $99.6M in 2022 to $120M in 2017.

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

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

Latest Data

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

Burkina Faso Exports

Netherlands Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Netherlands
Top DestinationGermany$131B

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

In 2022, countries that imported more from Burkina Faso than Netherlands included Mali ($304M).

In 2022, countries that imported more from Netherlands than Burkina Faso included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

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

Comparative Advantage Burkina Faso - Netherlands

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Netherlands in the exports of Vegetable Products ($24.2M), Animal and Vegetable Bi-Products ($7.3M), and Machines ($238k).

During 2017, Netherlands had a large net trade with Burkina Faso in the exports of Machines ($24.5M), Mineral Products ($21.2M), and Transportation ($16.8M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Netherlands+$2.98MCoconuts, Brazil Nuts, and Cashews
Top Product Potential Netherlands Burkina Faso+$25.8MRefined Petroleum

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

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

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