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2023
Flag → Flag
Exports $159MRnk 103 / 224
2023
Flag → Flag
Top Product $103MRefined Petroleum
2023
Flag → Flag
Exports $28.5MRnk 14 / 125
2023
Flag → Flag
Top Product $11.8MCoconuts, Brazil Nuts, and Cashews
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $64,572CURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Netherlands-Burkina Faso Trade: In 2023, Netherlands exported $159M to Burkina Faso. The main products that Netherlands exported to Burkina Faso were Refined Petroleum ($103M), Excavation Machinery ($6.54M), and Concentrated Milk ($5.24M). Over the past 5 years the exports of Netherlands to Burkina Faso have increased at an annualized rate of 2.78%, from $139M in 2018 to $159M in 2023.

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

Burkina Faso-Netherlands Trade: In 2023, Burkina Faso exported $28.5M to Netherlands. The main products that Burkina Faso exported to Netherlands were Coconuts, Brazil Nuts, and Cashews ($11.8M), Other Pure Vegetable Oils ($6.7M), and Tropical Fruits ($5.86M). Over the past 5 years the exports of Burkina Faso to Netherlands have increased at an annualized rate of 2.19%,  from $25.6M in 2018 to $28.5M in 2023.

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

Comparison: In 2023,  Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Latest Trends

October, 2024

About

Overview In October 2024, Netherlands exported €3M and imported €3M from Burkina Faso, resulting in a remained the same trade balance of €0. Between October 2023 and October 2024 the exports of Netherlands have remained the same by €0 (0%) from €3M to €3M, while imports increased by €1M (50%) from €2M to €3M.

Trade In October 2024, the top exports of Netherlands to Burkina Faso were Milk and cream and milk products... (€1M), Fish, fresh (live or dead), chilled... (€1M), Cereal preparations and preparations of flour... (€1M), and Civil engineering and contractors' plant and... (€1M). In October 2024 the top imports of Netherlands from Burkina Faso were Fruit and nuts (not including oil... (€2M) and Fixed vegetable fats and oils, crude,... (€1M).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (October 2023 - October 2024)€0(0%)
IMPORT GROWTH (October 2023 - October 2024)€1M(50%)

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 2023, Netherlands exported $159M to Burkina Faso. The main products exported from Netherlands to Burkina Faso were Refined Petroleum ($103M), Excavation Machinery ($6.54M), and Concentrated Milk ($5.24M). During the last 5 years the exports of Netherlands to Burkina Faso have increased at an annualized rate of 2.78%, from $139M in 2018 to $159M in 2023.

In 2018, Burkina Faso exported $28.5M to Netherlands. The main products exported from Burkina Faso to Netherlands were Coconuts, Brazil Nuts, and Cashews ($11.8M), Other Pure Vegetable Oils ($6.7M), and Tropical Fruits ($5.86M). During the last 5 years the exports of Burkina Faso to Netherlands have increased at an annualized rate of 2.19%, from $25.6M in 2023 to $28.5M in 2018.

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

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

Market Competitiveness

Color
Netherlands
Top DestinationGermany$96.9B
Burkina Faso
Top DestinationSwitzerland$6B

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 2023, countries that imported more from Netherlands than Burkina Faso included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

In 2023, countries that imported more from Burkina Faso than Netherlands included Mali ($268M).

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

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 2023, Netherlands had a large net trade with Burkina Faso in the exports of Mineral Products ($103M), Machines ($18.7M), and Animal Products ($9.93M).

During 2018, Burkina Faso had a large net trade with Netherlands in the exports of Vegetable Products ($18.2M), Animal and Vegetable Bi-Products ($6.95M), and Textiles ($1.86M).

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) (2023)

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