Flag Cote d'Ivoire / Burkina Faso Flag

Exports FlagFlag  (2018): $549M, Rnk 6 / 161

Top Product FlagFlag (2018): $183M, Refined Petroleum

Exports FlagFlag (2018): $210M, Rnk 4 / 112

Top Product FlagFlag (2018): $188M, Raw Zinc

Economic Complexity of Flag (2018): ECI -1.21, Rnk 121 / 137

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

Cote d'Ivoire-Burkina Faso: In 2018, Cote d'Ivoire exported $549M to Burkina Faso. The main products exported from Cote d'Ivoire to Burkina Faso were Refined Petroleum ($183M), Processed Tobacco ($44.3M), and Palm Oil ($38.6M). During the last 23 years the exports of Cote d'Ivoire to Burkina Faso have increased at an annualized rate of 8.36%, from $86.7M in 1995 to $549M in 2018.

Burkina Faso-Cote d'Ivoire: In 2018, Burkina Faso exported $210M to Cote d'Ivoire. The main products exported from Burkina Faso to Cote d'Ivoire were Raw Zinc ($188M), Cars ($2.82M), and Onions ($2.56M). During the last 23 years the exports of Burkina Faso to Cote d'Ivoire have increased at an annualized rate of 2.5%, from $119M in 1995 to $210M in 2018.

Comparison: In 2018, Cote d'Ivoire ranked 121 in the Economic Complexity Index (ECI -1.21), and 82 in total exports ($12.7B). 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, Cote d'Ivoire exported $549M to Burkina Faso. The main products exported from Cote d'Ivoire to Burkina Faso were Refined Petroleum ($183M), Processed Tobacco ($44.3M), and Palm Oil ($38.6M). During the last 23 years the exports of Cote d'Ivoire to Burkina Faso have increased at an annualized rate of 8.36%, from $86.7M in 1995 to $549M in 2018.

In 2018, Burkina Faso exported $210M to Cote d'Ivoire. The main products exported from Burkina Faso to Cote d'Ivoire were Raw Zinc ($188M), Cars ($2.82M), and Onions ($2.56M). During the last 23 years the exports of Burkina Faso to Cote d'Ivoire have increased at an annualized rate of 2.5%, from $119M in 1995 to $210M in 2018.

Market Competitiveness

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Measure

Cote d'Ivoire
Top Destination
: Netherlands, $1.39B

Burkina Faso
Top Destination
: Switzerland, $3.21B

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 2018, countries that imported more from Cote d'Ivoire than Burkina Faso were Netherlands ($1.39B), United States ($1.16B), and Vietnam ($802M).

In 2018, countries that imported more from Burkina Faso than Cote d'Ivoire were Switzerland ($3.21B), India ($1.16B), and Singapore ($253M).

Comparative Advantage Cote d'Ivoire - Burkina Faso

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Depth

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 2018, Cote d'Ivoire had a large net trade with Burkina Faso in the exports of Mineral Products ($189M), Foodstuffs ($114M), and Chemical Products ($61.7M).

During 2018, Burkina Faso had a large net trade with Cote d'Ivoire in the exports of Metals ($189M), Transportation ($7.69M), and Machines ($5.26M).

Trade Forecasts

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This section shows a forecast for total trade between Cote d'Ivoire 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 Cote d'Ivoire has comparative advantage over Burkina Faso. Similarly, the more red a dot/product is, the more Burkina Faso has comparative advantage over Cote d'Ivoire.