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Pricing

2022
Flag → Flag
Exports $23.5kRnk 94 / 131
2022
Flag → Flag
Top Product $10.5kOther Furniture
2022
Flag → Flag
Exports $622kRnk 102 / 164
2022
Flag → Flag
Top Product $399kOther Construction Vehicles
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 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$1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186

About

Burkina Faso-Tanzania Trade: In 2022, Burkina Faso exported $23.5k to Tanzania. The main products that Burkina Faso exported to Tanzania were Other Furniture ($10.5k), Mill Machinery ($10.4k), and Hard Rubber ($928). Over the past 5 years the exports of Burkina Faso to Tanzania have decreased at an annualized rate of 50.3%, from $777k in 2017 to $23.5k in 2022.

In 2022, Burkina Faso did not export any services to Tanzania.

Tanzania-Burkina Faso Trade: In 2022, Tanzania exported $622k to Burkina Faso. The main products that Tanzania exported to Burkina Faso were Other Construction Vehicles ($399k), Interchangeable Tool Parts ($150k), and Sowing Seeds ($20.5k). Over the past 5 years the exports of Tanzania to Burkina Faso have increased at an annualized rate of 116%,  from $13.3k in 2017 to $622k in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Latest Data

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

Tanzania Exports

Date

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Burkina Faso than Tanzania included Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

In 2022, countries that imported more from Tanzania than Burkina Faso included India ($2.73B), South Africa ($939M), and United Arab Emirates ($1.07B).

Difference in imports from Tanzania (Flag) and Burkina Faso (Flag) (2022)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Tanzania+$23.9kOther Furniture
Top Product Potential Tanzania Burkina Faso+$35.9kSowing Seeds

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

Product Space of Burkina Faso (Flag) and Tanzania (Flag) (NaN)

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