2022
Flag  
GDP
$185BCURRENT US$
Rnk 56 / 186
2012-2022
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GDP GROWTH
6.04%CURRENT US$
Rnk 152 / 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 
$43,233CURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP PC GROWTH
-15.7%CURRENT US$
Rnk 166 / 186
2022
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GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Kuwait-Burkina Faso In 2022, Kuwait exported $3.34M to Burkina Faso. The main products that Kuwait exported to Burkina Faso are Refined Petroleum ($3.04M), Sodium or Potassium Peroxides ($217k), and Used Clothing ($40.2k). During the last 27 years the exports of Kuwait to Burkina Faso have increased at an annualized rate of 24.9%, from $8.21k in 1995 to $3.34M in 2022.

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

Burkina Faso-Kuwait In 2022, Burkina Faso exported $28.3k to Kuwait. The main products that Burkina Faso exported to Kuwait were Tropical Fruits ($20.6k), Other Processed Fruits and Nuts ($5.12k), and Coconuts, Brazil Nuts, and Cashews ($1.19k). During the last 27 years the exports of Burkina Faso to Kuwait have increased at an annualized rate of 4.88%, from $7.83k in 1995 to $28.3k in 2022.

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

Comparison In 2022,  Kuwait ranked 53 in the Economic Complexity Index (ECI 0.16), and 42 in total exports ($101B). 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, Kuwait exported $3.34M to Burkina Faso. The main products exported from Kuwait to Burkina Faso were Refined Petroleum ($3.04M), Sodium or Potassium Peroxides ($217k), and Used Clothing ($40.2k). During the last 27 years the exports of Kuwait to Burkina Faso have increased at an annualized rate of 24.9%, from $8.21k in 1995 to $3.34M in 2022.

In 2022, Burkina Faso exported $28.3k to Kuwait. The main products exported from Burkina Faso to Kuwait were Tropical Fruits ($20.6k), Other Processed Fruits and Nuts ($5.12k), and Coconuts, Brazil Nuts, and Cashews ($1.19k). During the last 22 years the exports of Burkina Faso to Kuwait have increased at an annualized rate of 4.88%, from $7.83k in 2000 to $28.3k in 2022.

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

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

Latest Data

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

Kuwait Exports

Market Competitiveness

Color
Kuwait
Top Destination
China$24.3B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2021, countries that imported more from Kuwait than Burkina Faso were China ($24.3B), India ($15B), and South Korea ($10.8B).

In 2021, countries that imported more from Burkina Faso than Kuwait were Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

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

Comparative Advantage Kuwait - Burkina Faso

Flow
Scale

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

During 2022, Kuwait had a large net trade with Burkina Faso in the exports of Mineral Products ($3.04M), Chemical Products ($219k), and Textiles ($45.2k).

During 2022, Burkina Faso had a large net trade with Kuwait in the exports of Vegetable Products ($21.8k), Foodstuffs ($5.12k), and Textiles ($1.43k).

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 Kuwait has comparative advantage over Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over Kuwait.

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

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