NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $306kRnk 58 / 125
2023
Flag → Flag
Top Product $179kAircraft parts (gliders, balloons, and powered aircraft)
2023
Flag → Flag
Exports $524MRnk 47 / 137
2023
Flag → Flag
Top Product $464MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.3Rnk 50 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP$2.02TCURRENT US$
Rnk 11 / 195
2013-2023
Flag
GDP GROWTH-11.8%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC $883CURRENT US$
Rnk 182 / 195
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195
2023
Flag
GDP PC$13,817CURRENT US$
Rnk 74 / 196
2013-2023
Flag
GDP PC GROWTH-13.3%CURRENT US$
Rnk 170 / 195

About

Burkina Faso-Russia Trade: In 2023, Burkina Faso exported $306k to Russia. The main products that Burkina Faso exported to Russia were Aircraft parts (gliders, balloons, and powered aircraft) ($179k), Gas Turbines ($101k), and Refined Petroleum ($22.7k). Over the past 5 years the exports of Burkina Faso to Russia have increased at an annualized rate of 22.6%, from $110k in 2018 to $306k in 2023.

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

Russia-Burkina Faso Trade: In 2023, Russia exported $524M to Burkina Faso. The main products that Russia exported to Burkina Faso were Refined Petroleum ($464M), Prepared Explosives ($42.4M), and Nitrogenous Fertilizers ($11.7M). Over the past 5 years the exports of Russia to Burkina Faso have increased at an annualized rate of 16.8%,  from $241M in 2018 to $524M in 2023.

In 2020, Russia exported services to Burkina Faso worth $5.16M, with Other business services ($3.62M), Computer and information services ($769k), and Transportation ($761k) being the largest in terms of value.

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, Russia ranked 50 in the Economic Complexity Index (ECI 0.3), and 18 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $306k to Russia. The main products exported from Burkina Faso to Russia were Aircraft parts (gliders, balloons, and powered aircraft) ($179k), Gas Turbines ($101k), and Refined Petroleum ($22.7k). During the last 5 years the exports of Burkina Faso to Russia have increased at an annualized rate of 22.6%, from $110k in 2018 to $306k in 2023.

In 2018, Russia exported $524M to Burkina Faso. The main products exported from Russia to Burkina Faso were Refined Petroleum ($464M), Prepared Explosives ($42.4M), and Nitrogenous Fertilizers ($11.7M). During the last 5 years the exports of Russia to Burkina Faso have increased at an annualized rate of 16.8%, from $241M in 2023 to $524M in 2018.

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

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

Latest Data

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

Russia Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
Russia
Top DestinationChina$129B

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

In 2023, countries that imported more from Burkina Faso than Russia included Switzerland ($6B), Mali ($268M), and Togo ($114M).

In 2023, countries that imported more from Russia than Burkina Faso included China ($129B), India ($66.1B), and Turkey ($31B).

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

Comparative Advantage Burkina Faso - Russia

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with Russia in the exports of Transportation ($179k), Machines ($104k), and Mineral Products ($22.7k).

During 2018, Russia had a large net trade with Burkina Faso in the exports of Mineral Products ($464M), Chemical Products ($55.4M), and Metals ($4.17M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Russia+$324kRefined Petroleum
Top Product Potential Russia Burkina Faso+$2.77MWheat

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Bilateral Service Trade

In 2020, Russia exported services to Burkina Faso worth $5.16M, with Other business services ($3.62M), Computer and information services ($769k), and Transportation ($761k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Burkina Faso (Flag) (2020)

Service Trade

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms