2022
Flag  
GDP
$72.8BCURRENT US$
Rnk 77 / 186
2012-2022
Flag
GDP GROWTH
76.5%CURRENT US$
Rnk 26 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$2,176CURRENT US$
Rnk 147 / 186
2012-2022
Flag
GDP PC GROWTH
41.6%CURRENT US$
Rnk 46 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Ghana-Burkina Faso In 2022, Ghana exported $285M to Burkina Faso. The main products that Ghana exported to Burkina Faso are Refined Petroleum ($102M), Electricity ($25.3M), and Petroleum Gas ($20M). During the last 27 years the exports of Ghana to Burkina Faso have increased at an annualized rate of 15.8%, from $5.44M in 1995 to $285M in 2022.

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

Burkina Faso-Ghana In 2022, Burkina Faso exported $53M to Ghana. The main products that Burkina Faso exported to Ghana were Other Oily Seeds ($22.2M), Coconuts, Brazil Nuts, and Cashews ($6.73M), and Large Construction Vehicles ($5.24M). During the last 27 years the exports of Burkina Faso to Ghana have increased at an annualized rate of 10.1%, from $3.95M in 1995 to $53M in 2022.

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

Comparison In 2022,  Ghana ranked 115 in the Economic Complexity Index (ECI -1.35), and 79 in total exports ($20B). That same year, Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ghana exported $285M to Burkina Faso. The main products exported from Ghana to Burkina Faso were Refined Petroleum ($102M), Electricity ($25.3M), and Petroleum Gas ($20M). During the last 27 years the exports of Ghana to Burkina Faso have increased at an annualized rate of 15.8%, from $5.44M in 1995 to $285M in 2022.

In 2022, Burkina Faso exported $53M to Ghana. The main products exported from Burkina Faso to Ghana were Other Oily Seeds ($22.2M), Coconuts, Brazil Nuts, and Cashews ($6.73M), and Large Construction Vehicles ($5.24M). During the last 27 years the exports of Burkina Faso to Ghana have increased at an annualized rate of 10.1%, from $3.95M in 1995 to $53M in 2022.

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

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

Latest Data

Trade between Ghana (Flag) and Burkina Faso (Flag)

Ghana Exports

Burkina Faso Exports

Market Competitiveness

Color
Ghana
Top Destination
United Arab Emirates$4.72B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2021, countries that imported more from Ghana than Burkina Faso were United Arab Emirates ($4.72B), United States ($2.83B), and China ($2.01B).

In 2021, countries that imported more from Burkina Faso than Ghana were Switzerland ($6.08B), Mali ($304M), and Singapore ($173M).

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

Comparative Advantage Ghana - Burkina Faso

Flow
Scale

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

During 2022, Ghana had a large net trade with Burkina Faso in the exports of Mineral Products ($170M), Chemical Products ($26.6M), and Metals ($25.1M).

During 2022, Burkina Faso had a large net trade with Ghana in the exports of Vegetable Products ($33M), Machines ($8.16M), and Transportation ($3.96M).

Economic Complexity

Competitive Landscape

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

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

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