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Pricing

2022
Flag → Flag
Exports $391MRnk 65 / 138
2022
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Top Product $333MRefined Petroleum
2022
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Exports $204kRnk 69 / 131
2022
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Top Product $120kAircraft Parts
2022
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Economic Complexity (ECI) ECI 0.42Rnk 45 / 124
2022
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Economic Complexity (ECI) ECI -1.88Rnk 121 / 124
2022
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GDP$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH1.45%CURRENT US$
Rnk 164 / 186
2022
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 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
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GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
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GDP PC $15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH-0.49%CURRENT US$
Rnk 145 / 186
2022
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GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
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GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Russia-Burkina Faso In 2022, Russia exported $391M to Burkina Faso. The main products that Russia exported to Burkina Faso are Refined Petroleum ($333M), Prepared Explosives ($30.9M), and Hot-Rolled Iron Bars ($12.7M). During the last 27 years the exports of Russia to Burkina Faso have increased at an annualized rate of 31.2%, from $255k in 1995 to $391M in 2022.

In 2020, Russia exported services to Burkina Faso worth $5.16M, with Other business services ($3.62M), Computer and information services ($769k), and Transportation ($761k) being the largest in terms of value.

Burkina Faso-Russia In 2022, Burkina Faso exported $204k to Russia. The main products that Burkina Faso exported to Russia were Aircraft Parts ($120k) and Refined Petroleum ($83.8k). During the last 27 years the exports of Burkina Faso to Russia have increased at an annualized rate of 18.8%, from $1.97k in 1995 to $204k in 2022.

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

Comparison In 2022,  Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88), and 110 in total exports ($8.2B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $1.04M and imported $23k from Burkina Faso, resulting in a positive trade balance of $1.02M. Between January 2021 and January 2022 the exports of Russia have decreased by $-135k (-11.5%) from $1.18M to $1.04M, while imports increased by $17.8k (342%) from $5.2k to $23k.

Trade In January 2022, the top exports of Russia to Burkina Faso were Wheat ($693k), Other Iron Products ($477k), and Other Construction Vehicles ($7k). In January 2022 the top imports of Russia from Burkina Faso were Spark-Ignition Engines ($5.2k).

Origins In January 2022 the exports of Russia were mainly from MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($657k), VOLOGDA REGION ($358k), and ST. PETERSBURG ($26.9k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($23k).

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

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2021 - January 2022)$-135k(-11.5%)
IMPORT GROWTH (January 2021 - January 2022)$17.8k(342%)
MAIN EXPORTER (January 2022)MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION$657k

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

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

For full datasets download visit Bulk Download page.

Explore Burkina Faso and Russia Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Russia exported $391M to Burkina Faso. The main products exported from Russia to Burkina Faso were Refined Petroleum ($333M), Prepared Explosives ($30.9M), and Hot-Rolled Iron Bars ($12.7M). During the last 27 years the exports of Russia to Burkina Faso have increased at an annualized rate of 31.2%, from $255k in 1995 to $391M in 2022.

In 2022, Burkina Faso exported $204k to Russia. The main products exported from Burkina Faso to Russia were Aircraft Parts ($120k) and Refined Petroleum ($83.8k). During the last 27 years the exports of Burkina Faso to Russia have increased at an annualized rate of 18.8%, from $1.97k in 1995 to $204k in 2022.

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

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

Market Competitiveness

Color
Russia
Top DestinationChina$101B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2021, countries that imported more from Russia than Burkina Faso were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Burkina Faso than Russia were Switzerland ($6.08B), Mali ($304M), and Ghana ($53M).

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

Comparative Advantage Russia - Burkina Faso

Flow
Scale

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

During 2022, Russia had a large net trade with Burkina Faso in the exports of Mineral Products ($333M), Chemical Products ($39.2M), and Metals ($13.6M).

During 2022, Burkina Faso had a large net trade with Russia in the exports of Transportation ($120k) and Mineral Products ($83.8k).

Service Trade

Bilateral Service Trade

In 2020, Russia exported services to Burkina Faso worth $5.16M, with Other business services ($3.62M), Computer and information services ($769k), and Transportation ($761k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia (Flag) to Burkina Faso (Flag) (2020)

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

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

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