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Pricing

2023
Flag → Flag
Exports $14.2kRnk 95 / 125
2023
Flag → Flag
Top Product $14.2kBatteries
2023
Flag → Flag
Exports $16.4kRnk 122 / 150
2023
Flag → Flag
Top Product $7.52kTransmissions
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.0012Rnk 63 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP$34BCURRENT US$
Rnk 105 / 195
2013-2023
Flag
GDP GROWTH54.7%CURRENT US$
Rnk 65 / 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$5,391CURRENT US$
Rnk 120 / 196
2013-2023
Flag
GDP PC GROWTH50.5%CURRENT US$
Rnk 47 / 195

About

Burkina Faso-El Salvador Trade: In 2023, Burkina Faso exported $14.2k to El Salvador. The main products that Burkina Faso exported to El Salvador were Batteries ($14.2k). Over the past 14 years the exports of Burkina Faso to El Salvador have increased at an annualized rate of 12.2%, from $2.83k in 2009 to $14.2k in 2023.

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

El Salvador-Burkina Faso Trade: In 2023, El Salvador exported $16.4k to Burkina Faso. The main products that El Salvador exported to Burkina Faso were Transmissions ($7.52k), Motor vehicles; parts and accessories (8701 to 8705) ($6.24k), and Valves ($2.64k). Over the past 14 years the exports of El Salvador to Burkina Faso have increased at an annualized rate of 22.6%,  from $5.92k in 2009 to $16.4k in 2023.

In 2023, El Salvador 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, El Salvador ranked 63 in the Economic Complexity Index (ECI 0.0012), and 118 in total exports ($6.76B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $14.2k to El Salvador. The main products exported from Burkina Faso to El Salvador were Batteries ($14.2k). During the last 14 years the exports of Burkina Faso to El Salvador have increased at an annualized rate of 12.2%, from $2.83k in 2009 to $14.2k in 2023.

In 2018, El Salvador exported $16.4k to Burkina Faso. The main products exported from El Salvador to Burkina Faso were Transmissions ($7.52k), Motor vehicles; parts and accessories (8701 to 8705) ($6.24k), and Valves ($2.64k). During the last 5 years the exports of El Salvador to Burkina Faso have increased at an annualized rate of 22.6%, from $5.92k in 2023 to $16.4k in 2018.

Exports from Burkina Faso (Flag) to El Salvador (Flag) (2023)

Exports from El Salvador (Flag) to Burkina Faso (Flag) (2023)

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
El Salvador
Top DestinationUnited States$2.41B

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

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

In 2023, countries that imported more from El Salvador than Burkina Faso included United States ($2.41B), Guatemala ($1.15B), and Honduras ($1.03B).

Difference in imports from El Salvador (Flag) and Burkina Faso (Flag) (2023)

Comparative Advantage Burkina Faso - El Salvador

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with El Salvador in the exports of Machines ($14.2k).

During 2018, El Salvador had a large net trade with Burkina Faso in the exports of Machines ($10.2k) and Transportation ($6.24k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso El Salvador+$2.76kRaw Cotton
Top Product Potential El Salvador Burkina Faso+$2.6kRefined 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 El Salvador. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over El Salvador. Similarly, a dot/product with the flag of El Salvador indicates it has a comparative advantage over Burkina Faso.

Product Space of Burkina Faso (Flag) and El Salvador (Flag) (2023)

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