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2022
Flag → Flag
Exports $120MRnk 112 / 224
2022
Flag → Flag
Top Product $21.2MRefined Petroleum
2022
Flag → Flag
Exports $32.4MRnk 18 / 131
2022
Flag → Flag
Top Product $13.8MTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 1.11Rnk 23 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$991BCURRENT US$
Rnk 18 / 186
2012-2022
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 125 / 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 $55,985CURRENT US$
Rnk 12 / 186
2012-2022
Flag
GDP PC GROWTH11.8%CURRENT US$
Rnk 110 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Netherlands-Burkina Faso Trade: In 2022, Netherlands exported $120M to Burkina Faso. The main products that Netherlands exported to Burkina Faso were Refined Petroleum ($21.2M), Concentrated Milk ($13.4M), and Excavation Machinery ($7.77M). Over the past 5 years the exports of Netherlands to Burkina Faso have increased at an annualized rate of 3.74%, from $99.6M in 2017 to $120M in 2022.

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

Burkina Faso-Netherlands Trade: In 2022, Burkina Faso exported $32.4M to Netherlands. The main products that Burkina Faso exported to Netherlands were Tropical Fruits ($13.8M), Coconuts, Brazil Nuts, and Cashews ($9.58M), and Other Pure Vegetable Oils ($7.3M). Over the past 5 years the exports of Burkina Faso to Netherlands have increased at an annualized rate of 4.45%,  from $26.1M in 2017 to $32.4M in 2022.

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

Comparison: In 2022,  Netherlands ranked 23 in the Economic Complexity Index (ECI 1.11), and 6 in total exports ($674B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Latest Trends

October, 2022

About

Overview In October 2022, Netherlands exported €3M and imported €2M from Burkina Faso, resulting in a positive trade balance of €1M. Between October 2021 and October 2022 the exports of Netherlands have increased by €1M (50%) from €2M to €3M, while imports increased by €1M (100%) from €1M to €2M.

Trade In October 2022, the top exports of Netherlands to Burkina Faso were N/A. In October 2022 the top imports of Netherlands from Burkina Faso were .

Growth In October 2022, the increase in Netherlands's year-by-year exports to Burkina Faso was explained primarily by an increase in product exports in . In October 2022, the increase in Netherlands's year-by-year imports  from Burkina Faso was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2021 - October 2022)€1M(50%)
IMPORT GROWTH (October 2021 - October 2022)€1M(100%)

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

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

For full datasets download visit Bulk Download page.

Explore Burkina Faso and Netherlands Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Netherlands exported $120M to Burkina Faso. The main products exported from Netherlands to Burkina Faso were Refined Petroleum ($21.2M), Concentrated Milk ($13.4M), and Excavation Machinery ($7.77M). During the last 5 years the exports of Netherlands to Burkina Faso have increased at an annualized rate of 3.74%, from $99.6M in 2017 to $120M in 2022.

In 2017, Burkina Faso exported $32.4M to Netherlands. The main products exported from Burkina Faso to Netherlands were Tropical Fruits ($13.8M), Coconuts, Brazil Nuts, and Cashews ($9.58M), and Other Pure Vegetable Oils ($7.3M). During the last 5 years the exports of Burkina Faso to Netherlands have increased at an annualized rate of 4.45%, from $26.1M in 2022 to $32.4M in 2017.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$131B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Netherlands than Burkina Faso included Germany ($131B), Belgium ($94.3B), and France ($59.9B).

In 2022, countries that imported more from Burkina Faso than Netherlands included Mali ($304M).

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

Comparative Advantage Netherlands - Burkina Faso

Flow
Scale

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

During 2022, Netherlands had a large net trade with Burkina Faso in the exports of Machines ($24.5M), Mineral Products ($21.2M), and Transportation ($16.8M).

During 2017, Burkina Faso had a large net trade with Netherlands in the exports of Vegetable Products ($24.2M), Animal and Vegetable Bi-Products ($7.3M), and Machines ($238k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Netherlands Burkina Faso+$25.8MRefined Petroleum
Top Product Potential Burkina Faso Netherlands+$2.98MCoconuts, Brazil Nuts, and Cashews

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

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

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