Flag Switzerland / Burkina Faso Flag

Exports FlagFlag  (2018): $17.5M, Rnk 124 / 214

Top Product FlagFlag (2018): $11M, Refined Petroleum

Exports FlagFlag (2018): $3.21B, Rnk 1 / 112

Top Product FlagFlag (2018): $3.16B, Gold

Economic Complexity of Flag (2018): ECI 2.01, Rnk 2 / 137

Economic Complexity of Flag (2018): ECI -1.46, Rnk 129 / 137

Switzerland-Burkina Faso: In 2018, Switzerland exported $17.5M to Burkina Faso. The main products exported from Switzerland to Burkina Faso were Refined Petroleum ($11M), Packaged Medicaments ($1.07M), and Air Pumps ($635k). During the last 23 years the exports of Switzerland to Burkina Faso have increased at an annualized rate of 7.91%, from $3.04M in 1995 to $17.5M in 2018.

Burkina Faso-Switzerland: In 2018, Burkina Faso exported $3.21B to Switzerland. The main products exported from Burkina Faso to Switzerland were Gold ($3.16B), Raw Cotton ($40.2M), and Silver ($1.83M). During the last 23 years the exports of Burkina Faso to Switzerland have increased at an annualized rate of 35.1%, from $3.17M in 1995 to $3.21B in 2018.

Comparison: In 2018, Switzerland ranked 2 in the Economic Complexity Index (ECI 2.01), and 18 in total exports ($310B). That same year, Burkina Faso ranked 129 in the Economic Complexity Index (ECI -1.46), and 110 in total exports ($5.68B). N/A

Bilateral Trade by Products

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Depth
Value

In 2018, Switzerland exported $17.5M to Burkina Faso. The main products exported from Switzerland to Burkina Faso were Refined Petroleum ($11M), Packaged Medicaments ($1.07M), and Air Pumps ($635k). During the last 23 years the exports of Switzerland to Burkina Faso have increased at an annualized rate of 7.91%, from $3.04M in 1995 to $17.5M in 2018.

In 2018, Burkina Faso exported $3.21B to Switzerland. The main products exported from Burkina Faso to Switzerland were Gold ($3.16B), Raw Cotton ($40.2M), and Silver ($1.83M). During the last 23 years the exports of Burkina Faso to Switzerland have increased at an annualized rate of 35.1%, from $3.17M in 1995 to $3.21B in 2018.

Market Competitiveness

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Measure

Switzerland
Top Destination
: Germany, $47.9B

Burkina Faso
Top Destination
: Switzerland, $3.21B

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

In 2018, countries that imported more from Switzerland than Burkina Faso were Germany ($47.9B), United States ($39.7B), and China ($30.4B).

In 2018, countries that imported more from Burkina Faso than Switzerland were Cote d'Ivoire ($210M), Ghana ($109M), and Togo ($61.7M).

Comparative Advantage Switzerland - Burkina Faso

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Depth

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

During 2018, Switzerland had a large net trade with Burkina Faso in the exports of Mineral Products ($11.2M), Machines ($2.01M), and Chemical Products ($1.62M).

During 2018, Burkina Faso had a large net trade with Switzerland in the exports of Precious Metals ($3.17B), Textiles ($40.2M), and Vegetable Products ($795k).

Trade Forecasts

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This section shows a forecast for total trade between Switzerland and Burkina Faso. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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