2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP
$1.14BCURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP GROWTH
56.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC
$24,918CURRENT US$
Rnk 44 / 186
2012-2022
Flag
GDP PC GROWTH
9.93%CURRENT US$
Rnk 118 / 186

About

Burkina Faso-Turks and Caicos Islands In 2022, Burkina Faso exported $140k to Turks and Caicos Islands. The main products that Burkina Faso exported to Turks and Caicos Islands are Refined Petroleum ($140k). During the last 17 years the exports of Burkina Faso to Turks and Caicos Islands have increased at an annualized rate of 30.5%, from $1.53k in 2005 to $140k in 2022.

In 2022, Burkina Faso did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Burkina Faso In 2022, Turks and Caicos Islands exported $113k to Burkina Faso. The main products that Turks and Caicos Islands exported to Burkina Faso were Other Furniture ($98.5k), Iron Structures ($4.96k), and Packaged Medicaments ($4.12k). During the last 17 years the exports of Turks and Caicos Islands to Burkina Faso have increased at an annualized rate of 5.6%, from $44.7k in 2005 to $113k in 2022.

In 2022, Turks and Caicos Islands did not export any services to Burkina Faso.

Comparison In 2022,  Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88),  and 110 in total exports ($8.2B). That same year, Turks and Caicos Islands ranked 204 in total exports ($41.4M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $140k to Turks and Caicos Islands. The main products exported from Burkina Faso to Turks and Caicos Islands were Refined Petroleum ($140k). During the last 17 years the exports of Burkina Faso to Turks and Caicos Islands have increased at an annualized rate of 30.5%, from $1.53k in 2005 to $140k in 2022.

In 2022, Turks and Caicos Islands exported $113k to Burkina Faso. The main products exported from Turks and Caicos Islands to Burkina Faso were Other Furniture ($98.5k), Iron Structures ($4.96k), and Packaged Medicaments ($4.12k). During the last 18 years the exports of Turks and Caicos Islands to Burkina Faso have increased at an annualized rate of 5.6%, from $44.7k in 2004 to $113k in 2022.

Exports from Burkina Faso (Flag) to Turks and Caicos Islands (Flag) (2022)

Exports from Turks and Caicos Islands (Flag) to Burkina Faso (Flag) (2022)

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6.08B
Turks and Caicos Islands
Top Destination
Togo$25.1M

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

In 2021, countries that imported more from Burkina Faso than Turks and Caicos Islands were Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

In 2021, countries that imported more from Turks and Caicos Islands than Burkina Faso were Zimbabwe ($2.62M), Democratic Republic of the Congo ($1.12M), and Central African Republic ($643k).

Difference in imports from Turks and Caicos Islands (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - Turks and Caicos Islands

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Turks and Caicos Islands in the exports of Mineral Products ($140k).

During 2022, Turks and Caicos Islands had a large net trade with Burkina Faso in the exports of Miscellaneous ($98.9k), Metals ($4.96k), and Chemical Products ($4.12k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Burkina Faso has comparative advantage over Turks and Caicos Islands. Similarly, the more yellow a dot/product is, the more Turks and Caicos Islands has comparative advantage over Burkina Faso.

Product Space of Burkina Faso (Flag) and Turks and Caicos Islands (Flag) (2022)

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