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Pricing

2022
Flag → Flag
Exports $5.12kRnk 162 / 170
2022
Flag → Flag
Top Product $4.61kCars
2022
Flag → Flag
Exports $87Rnk 125 / 131
2022
Flag → Flag
Top Product $82Metal Mountings
2022
Flag
Economic Complexity (ECI) ECI -0.96Rnk 109 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP GROWTH30.9%CURRENT US$
Rnk 98 / 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 $6,391CURRENT US$
Rnk 101 / 186
2012-2022
Flag
GDP PC GROWTH12.6%CURRENT US$
Rnk 106 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Ecuador-Burkina Faso Trade: In 2022, Ecuador exported $5.12k to Burkina Faso. The main products that Ecuador exported to Burkina Faso were Cars ($4.61k) and Chemical Analysis Instruments ($509). Over the past 5 years the exports of Ecuador to Burkina Faso have decreased at an annualized rate of 21.5%, from $17.2k in 2017 to $5.12k in 2022.

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

Burkina Faso-Ecuador Trade: In 2022, Burkina Faso exported $87 to Ecuador. The main products that Burkina Faso exported to Ecuador were Metal Mountings ($82) and Other Plastic Products ($5). Over the past 5 years the exports of Burkina Faso to Ecuador have decreased at an annualized rate of 41.1%,  from $1.23k in 2017 to $87 in 2022.

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

Comparison: In 2022,  Ecuador ranked 109 in the Economic Complexity Index (ECI -0.96), and 68 in total exports ($36B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Latest Trends

N/A

About

Overview In N/A, Ecuador exported $N/A and imported $N/A from Burkina Faso, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Ecuador have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Ecuador to Burkina Faso were . In N/A the top imports of Ecuador from Burkina Faso were Electrical Lighting and Signalling Equipment ($5.18k).

Origins In N/A the exports of Ecuador were mainly from N/A, while imports destinations were mainly N/A.

Growth In N/A, the N/A in Ecuador's year-by-year exports to Burkina Faso was explained primarily by an decrease in product exports in . In N/A, the N/A in Ecuador's year-by-year imports  from Burkina Faso was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Ecuador. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Ecuador over time.

To check Burkina Faso and Ecuador trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burkina Faso and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ecuador exported $5.12k to Burkina Faso. The main products exported from Ecuador to Burkina Faso were Cars ($4.61k) and Chemical Analysis Instruments ($509). During the last 5 years the exports of Ecuador to Burkina Faso have decreased at an annualized rate of 21.5%, from $17.2k in 2017 to $5.12k in 2022.

In 2017, Burkina Faso exported $87 to Ecuador. The main products exported from Burkina Faso to Ecuador were Metal Mountings ($82) and Other Plastic Products ($5). During the last 5 years the exports of Burkina Faso to Ecuador have decreased at an annualized rate of 41.1%, from $1.23k in 2022 to $87 in 2017.

Exports from Ecuador (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Ecuador (Flag) (2022)

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$9.86B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Ecuador than Burkina Faso included United States ($9.86B), China ($6.17B), and Panama ($4.97B).

In 2022, countries that imported more from Burkina Faso than Ecuador included Switzerland ($6.08B), Mali ($304M), and United Arab Emirates ($538M).

Difference in imports from Burkina Faso (Flag) and Ecuador (Flag) (2022)

Comparative Advantage Ecuador - Burkina Faso

Flow
Scale

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

During 2022, Ecuador had a large net trade with Burkina Faso in the exports of Transportation ($4.61k) and Instruments ($509).

During 2017, Burkina Faso had a large net trade with Ecuador in the exports of Metals ($82) and Plastics and Rubbers ($5).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Burkina Faso+$4.06kRefined Petroleum
Top Product Potential Burkina Faso Ecuador+$3.09kRefined 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 Ecuador and Burkina Faso. This means that a dot/product with the flag of Ecuador 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 Ecuador.

Product Space of Ecuador (Flag) and Burkina Faso (Flag) (2022)

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