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2023
Flag → Flag
Exports $847MRnk 9 / 162
2023
Flag → Flag
Top Product $403MRefined Petroleum
2023
Flag → Flag
Exports $136MRnk 5 / 125
2023
Flag → Flag
Top Product $101MRaw Cotton
2023
Flag
Economic Complexity (ECI) ECI -1.08Rnk 114 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$78.9BCURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP GROWTH84.5%CURRENT US$
Rnk 28 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $2,531CURRENT US$
Rnk 147 / 195
2013-2023
Flag
GDP PC GROWTH41.7%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Cote d'Ivoire-Burkina Faso Trade: In 2023, Cote d'Ivoire exported $847M to Burkina Faso. The main products that Cote d'Ivoire exported to Burkina Faso were Refined Petroleum ($403M), Processed Tobacco ($55.6M), and Palm Oil ($52.2M). Over the past 5 years the exports of Cote d'Ivoire to Burkina Faso have increased at an annualized rate of 7.33%, from $595M in 2018 to $847M in 2023.

In 2023, Cote d'Ivoire did not export any services to Burkina Faso.

Burkina Faso-Cote d'Ivoire Trade: In 2023, Burkina Faso exported $136M to Cote d'Ivoire. The main products that Burkina Faso exported to Cote d'Ivoire were Raw Cotton ($101M), Other Oily Seeds ($3.95M), and Onions ($3.02M). Over the past 5 years the exports of Burkina Faso to Cote d'Ivoire have decreased at an annualized rate of 8.33%,  from $210M in 2018 to $136M in 2023.

In 2023, Burkina Faso did not export any services to Cote d'Ivoire.

Comparison: In 2023,  Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B). 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
Value

In 2023, Cote d'Ivoire exported $847M to Burkina Faso. The main products exported from Cote d'Ivoire to Burkina Faso were Refined Petroleum ($403M), Processed Tobacco ($55.6M), and Palm Oil ($52.2M). During the last 5 years the exports of Cote d'Ivoire to Burkina Faso have increased at an annualized rate of 7.33%, from $595M in 2018 to $847M in 2023.

In 2018, Burkina Faso exported $136M to Cote d'Ivoire. The main products exported from Burkina Faso to Cote d'Ivoire were Raw Cotton ($101M), Other Oily Seeds ($3.95M), and Onions ($3.02M). During the last 5 years the exports of Burkina Faso to Cote d'Ivoire have decreased at an annualized rate of 8.33%, from $210M in 2023 to $136M in 2018.

Exports from Cote d'Ivoire (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to Cote d'Ivoire (Flag) (2023)

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$3.88B
Burkina Faso
Top DestinationSwitzerland$6B

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 2023, countries that imported more from Cote d'Ivoire than Burkina Faso included Netherlands ($1.99B), Mali ($1.59B), and United States ($1.1B).

In 2023, countries that imported more from Burkina Faso than Cote d'Ivoire included Switzerland ($6B), United Arab Emirates ($815M), and Uganda ($109M).

Difference in imports from Burkina Faso (Flag) and Cote d'Ivoire (Flag) (2023)

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 2023, Cote d'Ivoire had a large net trade with Burkina Faso in the exports of Mineral Products ($430M), Foodstuffs ($139M), and Chemical Products ($102M).

During 2018, Burkina Faso had a large net trade with Cote d'Ivoire in the exports of Textiles ($102M), Vegetable Products ($13.4M), and Machines ($8.51M).

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) (2023)

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