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Pricing

2022
Flag → Flag
Exports $230kRnk 130 / 139
2022
Flag → Flag
Top Product $88.5kPackaged Medicaments
2022
Flag → Flag
Exports $1.05BRnk 32 / 131
2022
Flag → Flag
Top Product $4.66MRaw Cotton
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC $2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Bangladesh-Burkina Faso Trade: In 2022, Bangladesh exported $230k to Burkina Faso. The main products that Bangladesh exported to Burkina Faso were Packaged Medicaments ($88.5k), Fruit Juice ($40k), and Other Edible Preparations ($37.9k). Over the past 5 years the exports of Bangladesh to Burkina Faso have decreased at an annualized rate of 10.4%, from $399k in 2017 to $230k in 2022.

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

Burkina Faso-Bangladesh In N/A, Burkina Faso did not export any products to Bangladesh.

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

Comparison: In 2022,  Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bangladesh exported $230k to Burkina Faso. The main products exported from Bangladesh to Burkina Faso were Packaged Medicaments ($88.5k), Fruit Juice ($40k), and Other Edible Preparations ($37.9k). During the last 5 years the exports of Bangladesh to Burkina Faso have decreased at an annualized rate of 10.4%, from $399k in 2017 to $230k in 2022.

Burkina Faso does not register exports to Bangladesh. The main products exported from Burkina Faso to Bangladesh were Raw Cotton ($4.66M).

Exports from Bangladesh (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Bangladesh (Flag) (2022)

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$11.7B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Bangladesh than Burkina Faso included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

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

Comparative Advantage Bangladesh - Burkina Faso

Flow
Scale

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

During 2022, Bangladesh had a large net trade with Burkina Faso in the exports of Chemical Products ($88.5k), Foodstuffs ($85.2k), and Textiles ($56k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Burkina Faso+$180kPackaged Medicaments
Top Product Potential Burkina Faso Bangladesh+$6.21MRaw Cotton

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

Product Space of Bangladesh (Flag) and Burkina Faso (Flag) (2022)

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