Belarus (BLR) and Burkina Faso (BFA) Trade | The Observatory of Economic Complexity

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Belarus-Burkina Faso Trade: In 2022, Belarus exported $1.91M to Burkina Faso. The main products that Belarus exported to Burkina Faso were N/A. Over the past 5 years the exports of Belarus to Burkina Faso have decreased at an annualized rate of 11.7%, from $3.56M in 2017 to $1.91M in 2022.

In 2014, Belarus exported services to Burkina Faso worth $0, with being the largest in terms of value.

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

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

Comparison: In 2023, Belarus ranked 33 in the Economic Complexity Index (ECI 0.81), and 114 in total exports ($7.61B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Belarus exported $1.91M to Burkina Faso. There were not main exports from Belarus to Burkina Faso in 2022. During the last 5 years the exports of Belarus to Burkina Faso have decreased at an annualized rate of 11.7%, from $3.56M in 2017 to $1.91M in 2022.

Burkina Faso does not register exports to Belarus. The main products exported from Burkina Faso to Belarus were Refined Petroleum ($84.5k).

Exports from Belarus () to Burkina Faso () (2023)

Exports from Burkina Faso () to Belarus () (2023)

Latest Data

Trade between Belarus () and Burkina Faso ()

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Belarus
Top DestinationChina$2.6B

Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Belarus than Burkina Faso included China ($2.6B), Kazakhstan ($757M), and Uzbekistan ($509M).

In 2023, countries that imported more from Burkina Faso than Belarus included Switzerland ($6B), United Arab Emirates ($815M), and Mali ($268M).

Difference in imports from Burkina Faso () and Belarus () (2023)

Comparative Advantage Belarus - Burkina Faso

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Belarus had a large net trade with Burkina Faso in the exports of .

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Belarus Burkina Faso+$8.59kBrochures

Top Product Potential Burkina Faso Belarus+$189kRefined Petroleum

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

Year

This visualization shows the product space at the HS4 level with the flags of Belarus and Burkina Faso. This means that a dot/product with the flag of Belarus 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 Belarus.

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Historical Data

Bilateral Trade by Products

Exports from Belarus () to Burkina Faso () (2023)

Exports from Burkina Faso () to Belarus () (2023)

Latest Data

Trade between Belarus () and Burkina Faso ()

Belarus Exports

Market Competitiveness

Difference in imports from Burkina Faso () and Belarus () (2023)

Comparative Advantage Belarus - Burkina Faso

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Belarus () and Burkina Faso () (2023)

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