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2022
Flag → Flag
Exports $55.7MRnk 21 / 160
2022
Flag → Flag
Top Product $18MRefined Petroleum
2022
Flag → Flag
Exports $14.2MRnk 23 / 131
2022
Flag → Flag
Top Product $7.19MOther Vegetable Residues
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 85 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$27.7BCURRENT US$
Rnk 108 / 186
2012-2022
Flag
GDP GROWTH56.8%CURRENT US$
Rnk 44 / 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 $1,599CURRENT US$
Rnk 154 / 186
2012-2022
Flag
GDP PC GROWTH19.8%CURRENT US$
Rnk 90 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Senegal-Burkina Faso Trade: In 2022, Senegal exported $55.7M to Burkina Faso. The main products that Senegal exported to Burkina Faso were Refined Petroleum ($18M), Soups and Broths ($7.94M), and Non-fillet Frozen Fish ($5.7M). Over the past 5 years the exports of Senegal to Burkina Faso have decreased at an annualized rate of 1.8%, from $60.9M in 2017 to $55.7M in 2022.

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

Burkina Faso-Senegal Trade: In 2022, Burkina Faso exported $14.2M to Senegal. The main products that Burkina Faso exported to Senegal were Other Vegetable Residues ($7.19M), Rolled Tobacco ($2.42M), and Refined Petroleum ($1.25M). Over the past 5 years the exports of Burkina Faso to Senegal have increased at an annualized rate of 3.03%,  from $12.2M in 2017 to $14.2M in 2022.

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

Comparison: In 2022,  Senegal ranked 85 in the Economic Complexity Index (ECI -0.5), and 120 in total exports ($6.2B). 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, Senegal exported $55.7M to Burkina Faso. The main products exported from Senegal to Burkina Faso were Refined Petroleum ($18M), Soups and Broths ($7.94M), and Non-fillet Frozen Fish ($5.7M). During the last 5 years the exports of Senegal to Burkina Faso have decreased at an annualized rate of 1.8%, from $60.9M in 2017 to $55.7M in 2022.

In 2017, Burkina Faso exported $14.2M to Senegal. The main products exported from Burkina Faso to Senegal were Other Vegetable Residues ($7.19M), Rolled Tobacco ($2.42M), and Refined Petroleum ($1.25M). During the last 5 years the exports of Burkina Faso to Senegal have increased at an annualized rate of 3.03%, from $12.2M in 2022 to $14.2M in 2017.

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

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

Latest Data

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

Senegal Exports

Burkina Faso Exports

Market Competitiveness

Color
Senegal
Top DestinationMali$1.13B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Senegal than Burkina Faso included India ($1B), Mali ($1.13B), and United States ($513M).

In 2022, countries that imported more from Burkina Faso than Senegal included Switzerland ($6.08B), United Arab Emirates ($538M), and Singapore ($173M).

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

Comparative Advantage Senegal - Burkina Faso

Flow
Scale

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

During 2022, Senegal had a large net trade with Burkina Faso in the exports of Mineral Products ($22.6M), Foodstuffs ($12.9M), and Animal Products ($6.43M).

During 2017, Burkina Faso had a large net trade with Senegal in the exports of Foodstuffs ($10.1M), Mineral Products ($1.25M), and Vegetable Products ($1.18M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Senegal Burkina Faso+$6.08MRefined Petroleum
Top Product Potential Burkina Faso Senegal+$1.32MRefined Petroleum

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

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

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