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Pricing

2019
Flag → Flag
Exports $6.12kRnk 23 / 0
2019
Flag → Flag
Exports $40.3kRnk 21 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 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$18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186

About

Burkina Faso-Trinidad and Tobago Trade: In 2019, Burkina Faso exported $6.12k to Trinidad and Tobago. The main products that Burkina Faso exported to Trinidad and Tobago were N/A. Over the past 18 years the exports of Burkina Faso to Trinidad and Tobago have increased at an annualized rate of 2.64%, from $3.83k in 2001 to $6.12k in 2019.

In 2019, Burkina Faso did not export any services to Trinidad and Tobago.

Trinidad and Tobago-Burkina Faso Trade: In 2019, Trinidad and Tobago exported $40.3k to Burkina Faso. The main products that Trinidad and Tobago exported to Burkina Faso were N/A. Over the past 18 years the exports of Trinidad and Tobago to Burkina Faso have decreased at an annualized rate of 61.3%,  from $4.63M in 2001 to $40.3k in 2019.

In 2019, Trinidad and Tobago 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, Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Burkina Faso exported $6.12k to Trinidad and Tobago. There were not main exports from Burkina Faso to Trinidad and Tobago in 2019. During the last 18 years the exports of Burkina Faso to Trinidad and Tobago have increased at an annualized rate of 2.64%, from $3.83k in 2001 to $6.12k in 2019.

In 2016, Trinidad and Tobago exported $40.3k to Burkina Faso. There were not main exports from Trinidad and Tobago to Burkina Faso in 2016. During the last 5 years the exports of Trinidad and Tobago to Burkina Faso have decreased at an annualized rate of 61.3%, from $4.63M in 2021 to $40.3k in 2016.

Exports from Burkina Faso (Flag) to Trinidad and Tobago (Flag) (2021)

Exports from Trinidad and Tobago (Flag) to Burkina Faso (Flag) (2021)

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Trinidad and Tobago
Top DestinationUnited States$4.91B

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

In 2022, countries that imported more from Burkina Faso than Trinidad and Tobago included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

In 2022, countries that imported more from Trinidad and Tobago than Burkina Faso included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

Difference in imports from Trinidad and Tobago (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - Trinidad and Tobago

Flow
Scale

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

During 2019, Burkina Faso had a large net trade with Trinidad and Tobago in the exports of .

During 2016, Trinidad and Tobago had a large net trade with Burkina Faso in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Trinidad and Tobago+$2.22kRefined Petroleum
Top Product Potential Trinidad and Tobago Burkina Faso+$3.08kPetroleum Gas

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

Product Space of Burkina Faso (Flag) and Trinidad and Tobago (Flag) (2021)

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