GDP$18.9BCURRENT US$Rnk 119 / 186 GDP GROWTH50.3%CURRENT US$Rnk 59 / 186
GDP$8.13BCURRENT US$Rnk 148 / 186 GDP GROWTH0%CURRENT US$Rnk 165 / 186 GDP PC $833CURRENT US$Rnk 174 / 186GDP PC GROWTH13.5%CURRENT US$Rnk 102 / 186GDP PC$462CURRENT US$Rnk 183 / 186GDP PC GROWTH0%CURRENT US$Rnk 143 / 186In N/A, Burkina Faso did not export any services to Somalia.
Somalia-Burkina Faso In N/A, Somalia did not export any products to Burkina Faso.
In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.
Burkina Faso does not register exports to Somalia.
Somalia does not register exports to Burkina Faso.
) to Somalia () (2021)) to Burkina Faso () (2021)This map shows whether countries import more from Burkina Faso or Somalia. Each country is colored based on the difference in imports they receive from Burkina Faso and Somalia or the difference in the growth in imports.
In 2022, countries that imported more from Burkina Faso than Somalia included Switzerland ($6.08B), Mali ($304M), and United Arab Emirates ($538M).
In 2022, countries that imported more from Somalia than Burkina Faso included Oman ($173M), Bulgaria ($18.5M), and Kuwait ($13.5M).
) and Burkina Faso () (2022)This chart compares trade between Burkina Faso and Somalia by product, considering products traded by both, Burkina Faso and Somalia.
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.
This visualization shows the product space at the HS4 level with the flags of Burkina Faso and Somalia. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Somalia. Similarly, a dot/product with the flag of Somalia indicates it has a comparative advantage over Burkina Faso.
) and Somalia () (2021)
Chat OEC
Company Explorer
Trend Explorer
Tree map
Stacked
Network
Map
Scatter
