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Pricing

2022
Flag → Flag
Exports $845MRnk 6 / 160
2022
Flag → Flag
Top Product $350MRefined Petroleum
2022
Flag → Flag
Exports $171MRnk 5 / 131
2022
Flag → Flag
Top Product $83.1MRaw Cotton
2022
Flag
Economic Complexity (ECI) ECI -1.1Rnk 117 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$70BCURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP GROWTH92.9%CURRENT US$
Rnk 16 / 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 $2,486CURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP PC GROWTH50.8%CURRENT US$
Rnk 33 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Cote d'Ivoire-Burkina Faso Trade: In 2022, Cote d'Ivoire exported $845M to Burkina Faso. The main products that Cote d'Ivoire exported to Burkina Faso were Refined Petroleum ($350M), Palm Oil ($77.7M), and Processed Tobacco ($53.2M). Over the past 5 years the exports of Cote d'Ivoire to Burkina Faso have increased at an annualized rate of 9.53%, from $536M in 2017 to $845M in 2022.

In 2022, Cote d'Ivoire did not export any services to Burkina Faso.

Burkina Faso-Cote d'Ivoire Trade: In 2022, Burkina Faso exported $171M to Cote d'Ivoire. The main products that Burkina Faso exported to Cote d'Ivoire were Raw Cotton ($83.1M), Zinc Ore ($56M), and Aircraft Parts ($3.65M). Over the past 5 years the exports of Burkina Faso to Cote d'Ivoire have decreased at an annualized rate of 0.98%,  from $191M in 2017 to $171M in 2022.

In 2022, Burkina Faso did not export any services to Cote d'Ivoire.

Comparison: In 2022,  Cote d'Ivoire ranked 117 in the Economic Complexity Index (ECI -1.1), and 81 in total exports ($17.5B). 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, Cote d'Ivoire exported $845M to Burkina Faso. The main products exported from Cote d'Ivoire to Burkina Faso were Refined Petroleum ($350M), Palm Oil ($77.7M), and Processed Tobacco ($53.2M). During the last 5 years the exports of Cote d'Ivoire to Burkina Faso have increased at an annualized rate of 9.53%, from $536M in 2017 to $845M in 2022.

In 2017, Burkina Faso exported $171M to Cote d'Ivoire. The main products exported from Burkina Faso to Cote d'Ivoire were Raw Cotton ($83.1M), Zinc Ore ($56M), and Aircraft Parts ($3.65M). During the last 5 years the exports of Burkina Faso to Cote d'Ivoire have decreased at an annualized rate of 0.98%, from $191M in 2022 to $171M in 2017.

Exports from Cote d'Ivoire (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Cote d'Ivoire (Flag) (2022)

Latest Data

Trade between Cote d'Ivoire (Flag) and Burkina Faso (Flag)

Cote d'Ivoire Exports

Burkina Faso Exports

Market Competitiveness

Color
Cote d'Ivoire
Top DestinationSwitzerland$1.6B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Cote d'Ivoire than Burkina Faso included Netherlands ($1.43B), Mali ($1.46B), and United States ($1.08B).

In 2022, countries that imported more from Burkina Faso than Cote d'Ivoire included Switzerland ($6.08B), United Arab Emirates ($538M), and Singapore ($173M).

Difference in imports from Burkina Faso (Flag) and Cote d'Ivoire (Flag) (2022)

Comparative Advantage Cote d'Ivoire - Burkina Faso

Flow
Scale

This chart compares trade between Cote d'Ivoire and Burkina Faso by product, considering products traded by both, Cote d'Ivoire and Burkina Faso.

During 2022, Cote d'Ivoire had a large net trade with Burkina Faso in the exports of Mineral Products ($395M), Foodstuffs ($123M), and Chemical Products ($105M).

During 2017, Burkina Faso had a large net trade with Cote d'Ivoire in the exports of Textiles ($85.9M), Mineral Products ($58.6M), and Machines ($8.94M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cote d'Ivoire Burkina Faso+$454kRubber
Top Product Potential Burkina Faso Cote d'Ivoire+$2.12MRefined 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

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

Product Space of Cote d'Ivoire (Flag) and Burkina Faso (Flag) (2022)

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