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2023
Flag → Flag
Exports $83.4MRnk 129 / 211
2023
Flag → Flag
Top Product $34.4MCars
2023
Flag → Flag
Exports $51.7MRnk 11 / 125
2023
Flag → Flag
Top Product $50MOther Oily Seeds
2023
Flag
Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
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GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
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GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Japan-Burkina Faso Trade: In 2023, Japan exported $83.4M to Burkina Faso. The main products that Japan exported to Burkina Faso were Cars ($34.4M), Delivery Trucks ($9.98M), and Large Construction Vehicles ($7.61M). Over the past 5 years the exports of Japan to Burkina Faso have decreased at an annualized rate of 3.6%, from $100M in 2018 to $83.4M in 2023.

In 2023, Japan did not export any services to Burkina Faso.

Burkina Faso-Japan Trade: In 2023, Burkina Faso exported $51.7M to Japan. The main products that Burkina Faso exported to Japan were Other Oily Seeds ($50M), Non-Iron and Steel Slag, Ash and Residues ($1.21M), and Basketwork ($106k). Over the past 5 years the exports of Burkina Faso to Japan have increased at an annualized rate of 4.45%,  from $41.6M in 2018 to $51.7M in 2023.

In 2023, Burkina Faso did not export any services to Japan.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥146M and imported ¥750M from Burkina Faso, resulting in a negative trade balance of ¥603M. Between November 2023 and November 2024 the exports of Japan have increased by ¥102M (230%) from ¥44.3M to ¥146M, while imports increased by ¥477M (175%) from ¥273M to ¥750M.

Trade In November 2024, the top exports of Japan to Burkina Faso were Rubber Tires (¥18.6M), Bicycles, delivery tricycles, other cycles (¥6.07M), Buses (¥5.53M), Cars (¥3.59M), and Used Rubber Tires (¥2.61M). In November 2024 the top imports of Japan from Burkina Faso were Precious Metal Scraps (¥40.2M), Other Oily Seeds (¥27.4M), Other Processed Fruits and Nuts (¥354k), and Trunks and Cases (¥238k).

Origins In November 2024 the exports of Japan were mainly from Ibaraki (¥96.9M), Fukuoka (¥34.8M), Kanagawa (¥9.95M), and Aichi (¥4.58M), while imports destinations were mainly Aichi (¥453M), Hyōgo (¥254M), Mie (¥23.9M), and Chiba (¥18.5M).

Growth In November 2024, the increase in Japan's year-by-year exports to Burkina Faso was explained primarily by an increase in product exports in Bicycles, delivery tricycles, other cycles (¥4.96M or 445%), Cars (¥2.93M or 444%), and Used Rubber Tires (¥2.36M or 944%). In November 2024, the increase in Japan's year-by-year imports  from Burkina Faso was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥102M(230%)
IMPORT GROWTH (November 2023 - November 2024)¥477M(175%)
MAIN EXPORTER (November 2024)Ibaraki¥96.9M

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

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

For full datasets download visit Bulk Download page.

Explore Burkina Faso and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $83.4M to Burkina Faso. The main products exported from Japan to Burkina Faso were Cars ($34.4M), Delivery Trucks ($9.98M), and Large Construction Vehicles ($7.61M). During the last 5 years the exports of Japan to Burkina Faso have decreased at an annualized rate of 3.6%, from $100M in 2018 to $83.4M in 2023.

In 2018, Burkina Faso exported $51.7M to Japan. The main products exported from Burkina Faso to Japan were Other Oily Seeds ($50M), Non-Iron and Steel Slag, Ash and Residues ($1.21M), and Basketwork ($106k). During the last 5 years the exports of Burkina Faso to Japan have increased at an annualized rate of 4.45%, from $41.6M in 2023 to $51.7M in 2018.

Exports from Japan (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Japan than Burkina Faso included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Burkina Faso than Japan included Mali ($268M), Togo ($114M), and Guinea ($18.4M).

Difference in imports from Burkina Faso (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Burkina Faso

Flow
Scale

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

During 2023, Japan had a large net trade with Burkina Faso in the exports of Transportation ($49.6M), Machines ($20.8M), and Plastics and Rubbers ($6.83M).

During 2018, Burkina Faso had a large net trade with Japan in the exports of Vegetable Products ($50M), Mineral Products ($1.21M), and Wood Products ($119k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Burkina Faso+$7.9MCars
Top Product Potential Burkina Faso Japan+$1.96MPrecious Metal Scraps

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 Japan and Burkina Faso. This means that a dot/product with the flag of Japan 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 Japan.

Product Space of Japan (Flag) and Burkina Faso (Flag) (2023)

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