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Pricing

2022
Flag → Flag
Exports $372kRnk 141 / 171
2022
Flag → Flag
Top Product $173kPackaged Medicaments
2022
Flag → Flag
Exports $73.1MRnk 68 / 131
2022
Flag → Flag
Top Product $223kTanned Sheep Hides
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 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 $25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Oman-Burkina Faso Trade: In 2022, Oman exported $372k to Burkina Faso. The main products that Oman exported to Burkina Faso were Packaged Medicaments ($173k), Concentrated Milk ($111k), and Gas and Liquid Flow Measuring Instruments ($66k). Over the past 5 years the exports of Oman to Burkina Faso have increased at an annualized rate of 78.7%, from $20.4k in 2017 to $372k in 2022.

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

Burkina Faso-Oman In N/A, Burkina Faso did not export any products to Oman.

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

Comparison: In 2022,  Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $372k to Burkina Faso. The main products exported from Oman to Burkina Faso were Packaged Medicaments ($173k), Concentrated Milk ($111k), and Gas and Liquid Flow Measuring Instruments ($66k). During the last 5 years the exports of Oman to Burkina Faso have increased at an annualized rate of 78.7%, from $20.4k in 2017 to $372k in 2022.

Burkina Faso does not register exports to Oman. The main products exported from Burkina Faso to Oman were Tanned Sheep Hides ($223k) and Casting Machines ($2.23k).

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

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

Latest Data

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

Oman Exports

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Oman than Burkina Faso included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2022, countries that imported more from Burkina Faso than Oman included Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

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

Comparative Advantage Oman - Burkina Faso

Flow
Scale

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

During 2022, Oman had a large net trade with Burkina Faso in the exports of Chemical Products ($173k), Animal Products ($111k), and Instruments ($74.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Burkina Faso+$162kPackaged Medicaments
Top Product Potential Burkina Faso Oman+$6.88kGold

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

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

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