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2023
Flag → Flag
Exports $54.3MRnk 20 / 156
2023
Flag → Flag
Top Product $11.6MRefined Petroleum
2023
Flag → Flag
Exports $25.2MRnk 18 / 125
2023
Flag → Flag
Top Product $8.62MRolled Tobacco
2023
Flag
Economic Complexity (ECI) ECI -0.51Rnk 87 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$30.8BCURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP GROWTH63.1%CURRENT US$
Rnk 46 / 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 $1,706CURRENT US$
Rnk 162 / 195
2013-2023
Flag
GDP PC GROWTH23.7%CURRENT US$
Rnk 92 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Senegal-Burkina Faso Trade: In 2023, Senegal exported $54.3M to Burkina Faso. The main products that Senegal exported to Burkina Faso were Refined Petroleum ($11.6M), Soups and Broths ($10.6M), and Non-fillet Frozen Fish ($6.49M). Over the past 5 years the exports of Senegal to Burkina Faso have increased at an annualized rate of 0.018%, from $54.2M in 2018 to $54.3M in 2023.

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

Burkina Faso-Senegal Trade: In 2023, Burkina Faso exported $25.2M to Senegal. The main products that Burkina Faso exported to Senegal were Rolled Tobacco ($8.62M), Other Vegetable Residues ($7.73M), and Bran ($1M). Over the past 5 years the exports of Burkina Faso to Senegal have increased at an annualized rate of 16.9%,  from $11.5M in 2018 to $25.2M in 2023.

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

Comparison: In 2023,  Senegal ranked 87 in the Economic Complexity Index (ECI -0.51), and 125 in total exports ($5.72B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Senegal exported $54.3M to Burkina Faso. The main products exported from Senegal to Burkina Faso were Refined Petroleum ($11.6M), Soups and Broths ($10.6M), and Non-fillet Frozen Fish ($6.49M). During the last 5 years the exports of Senegal to Burkina Faso have increased at an annualized rate of 0.018%, from $54.2M in 2018 to $54.3M in 2023.

In 2018, Burkina Faso exported $25.2M to Senegal. The main products exported from Burkina Faso to Senegal were Rolled Tobacco ($8.62M), Other Vegetable Residues ($7.73M), and Bran ($1M). During the last 5 years the exports of Burkina Faso to Senegal have increased at an annualized rate of 16.9%, from $11.5M in 2023 to $25.2M in 2018.

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

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

Latest Data

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

Senegal Exports

Burkina Faso Exports

Market Competitiveness

Color
Senegal
Top DestinationMali$1.22B
Burkina Faso
Top DestinationSwitzerland$6B

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 2023, countries that imported more from Senegal than Burkina Faso included Mali ($1.22B), India ($681M), and China ($310M).

In 2023, countries that imported more from Burkina Faso than Senegal included Switzerland ($6B), United Arab Emirates ($815M), and Uganda ($109M).

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

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 2023, Senegal had a large net trade with Burkina Faso in the exports of Mineral Products ($16M), Foodstuffs ($15.6M), and Animal Products ($8.24M).

During 2018, Burkina Faso had a large net trade with Senegal in the exports of Foodstuffs ($18.6M), Machines ($2.49M), and Vegetable Products ($1.95M).

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) (2023)

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