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2023
Flag → Flag
Exports $5.23MRnk 186 / 219
2023
Flag → Flag
Top Product $1.1MSpecial Purpose Ships
2023
Flag → Flag
Exports $4.25MRnk 7 / 88
2023
Flag → Flag
Top Product $4.11MCoffee
2023
Flag
Economic Complexity (ECI) ECI 1.29Rnk 18 / 132
2023
Flag  
GDP$2.3TCURRENT US$
Rnk 8 / 195
2013-2023
Flag
GDP GROWTH6.86%CURRENT US$
Rnk 165 / 195
2023
Flag
 GDP$2.64BCURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP GROWTH7.77%CURRENT US$
Rnk 162 / 195
2023
Flag
GDP PC $39,003CURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP PC GROWTH9.11%CURRENT US$
Rnk 136 / 195
2023
Flag
GDP PC$193CURRENT US$
Rnk 196 / 196
2013-2023
Flag
GDP PC GROWTH-17.8%CURRENT US$
Rnk 177 / 195

About

Italy-Burundi Trade: In 2023, Italy exported $5.23M to Burundi. The main products that Italy exported to Burundi were Special Purpose Ships ($1.1M), Electric Generating Sets ($503k), and Sports Equipment ($328k). Over the past 5 years the exports of Italy to Burundi have decreased at an annualized rate of 9.36%, from $8.55M in 2018 to $5.23M in 2023.

In 2023, Italy did not export any services to Burundi.

Burundi-Italy Trade: In 2023, Burundi exported $4.25M to Italy. The main products that Burundi exported to Italy were Coffee ($4.11M), Tanned Goat Hides ($124k), and Tanned Sheep Hides ($7.33k). Over the past 5 years the exports of Burundi to Italy have increased at an annualized rate of 6.39%,  from $3.12M in 2018 to $4.25M in 2023.

In 2023, Burundi did not export any services to Italy.

Comparison In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29),  and 6 in total exports ($638B). That same year, Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Burundi, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy 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 Italy to Burundi were . In N/A the top imports of Italy from Burundi were .

Growth In N/A, the N/A in Italy's year-by-year exports to Burundi was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Burundi 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 Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Burundi and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burundi and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Italy exported $5.23M to Burundi. The main products exported from Italy to Burundi were Special Purpose Ships ($1.1M), Electric Generating Sets ($503k), and Sports Equipment ($328k). During the last 5 years the exports of Italy to Burundi have decreased at an annualized rate of 10.1%, from $31.9k in 2017 to $5.23M in 2023.

In 2018, Burundi exported $4.25M to Italy. The main products exported from Burundi to Italy were Coffee ($4.11M), Tanned Goat Hides ($124k), and Tanned Sheep Hides ($7.33k). During the last 5 years the exports of Burundi to Italy have increased at an annualized rate of 6.39%, from $3.12M in 2020 to $4.25M in 2018.

Exports from Italy (Flag) to Burundi (Flag) (2023)

Exports from Burundi (Flag) to Italy (Flag) (2023)

Market Competitiveness

Color
Italy
Top DestinationGermany$71.4B
Burundi
Top DestinationUnited Arab Emirates$117M

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

In 2023, countries that imported more from Italy than Burundi included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

In 2023, no countries were registered that imported more from Burundi than from Italy.

Difference in imports from Burundi (Flag) and Italy (Flag) (2023)

Comparative Advantage Italy - Burundi

Flow
Scale

This chart compares trade between Italy and Burundi by product, considering products traded by both, Italy and Burundi.

During 2023, Italy had a large net trade with Burundi in the exports of Machines ($2.25M), Transportation ($1.15M), and Miscellaneous ($461k).

During 2018, Burundi had a large net trade with Italy in the exports of Vegetable Products ($4.11M), Animal Hides ($132k), and Instruments ($2.61k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Burundi+$467kPackaged Medicaments
Top Product Potential Burundi Italy+$1.54MCoffee

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 Italy and Burundi. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Burundi (Flag) (2023)

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