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Pricing

2022
Flag → Flag
Exports $19.8kRnk 96 / 131
2022
Flag → Flag
Top Product $11.3kAudio Alarms
2022
Flag → Flag
Exports $1.13MRnk 134 / 205
2022
Flag → Flag
Top Product $463kCentrifuges
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.71Rnk 37 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$404BCURRENT US$
Rnk 38 / 186
2012-2022
Flag
GDP GROWTH54.4%CURRENT US$
Rnk 51 / 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$3,499CURRENT US$
Rnk 129 / 186
2012-2022
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 61 / 186

About

Burkina Faso-Philippines Trade: In 2022, Burkina Faso exported $19.8k to Philippines. The main products that Burkina Faso exported to Philippines were Audio Alarms ($11.3k), Blank Audio Media ($3.94k), and Sound Recording Equipment ($1.73k). Over the past 5 years the exports of Burkina Faso to Philippines have increased at an annualized rate of 27%, from $6k in 2017 to $19.8k in 2022.

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

Philippines-Burkina Faso Trade: In 2022, Philippines exported $1.13M to Burkina Faso. The main products that Philippines exported to Burkina Faso were Centrifuges ($463k), Activated Carbon ($195k), and Electrical Transformers ($118k). Over the past 5 years the exports of Philippines to Burkina Faso have decreased at an annualized rate of 8.59%,  from $1.76M in 2017 to $1.13M in 2022.

In 2022, Philippines 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, Philippines ranked 37 in the Economic Complexity Index (ECI 0.71), and 40 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $19.8k to Philippines. The main products exported from Burkina Faso to Philippines were Audio Alarms ($11.3k), Blank Audio Media ($3.94k), and Sound Recording Equipment ($1.73k). During the last 5 years the exports of Burkina Faso to Philippines have increased at an annualized rate of 27%, from $6k in 2017 to $19.8k in 2022.

In 2017, Philippines exported $1.13M to Burkina Faso. The main products exported from Philippines to Burkina Faso were Centrifuges ($463k), Activated Carbon ($195k), and Electrical Transformers ($118k). During the last 5 years the exports of Philippines to Burkina Faso have decreased at an annualized rate of 8.59%, from $1.76M in 2022 to $1.13M in 2017.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Philippines
Top DestinationUnited States$15.5B

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

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

In 2022, countries that imported more from Philippines than Burkina Faso included United States ($15.5B), China ($15.3B), and Hong Kong ($12.6B).

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

Comparative Advantage Burkina Faso - Philippines

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Philippines in the exports of Machines ($19.6k) and Textiles ($245).

During 2017, Philippines had a large net trade with Burkina Faso in the exports of Machines ($840k), Chemical Products ($195k), and Vegetable Products ($41.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Philippines+$13.4kTelephones
Top Product Potential Philippines Burkina Faso+$297kElectrical Transformers

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

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

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