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Pricing

2022
Flag → Flag
Exports $622kRnk 102 / 164
2022
Flag → Flag
Top Product $399kOther Construction Vehicles
2022
Flag → Flag
Exports $23.5kRnk 94 / 131
2022
Flag → Flag
Top Product $10.5kOther Furniture
2022
Flag
Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
Flag
GDP GROWTH90.9%CURRENT US$
Rnk 18 / 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 $1,192CURRENT US$
Rnk 163 / 186
2012-2022
Flag
GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Tanzania-Burkina Faso Trade: In 2022, Tanzania exported $622k to Burkina Faso. The main products that Tanzania exported to Burkina Faso were Other Construction Vehicles ($399k), Interchangeable Tool Parts ($150k), and Sowing Seeds ($20.5k). Over the past 5 years the exports of Tanzania to Burkina Faso have increased at an annualized rate of 116%, from $13.3k in 2017 to $622k in 2022.

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

Burkina Faso-Tanzania Trade: In 2022, Burkina Faso exported $23.5k to Tanzania. The main products that Burkina Faso exported to Tanzania were Other Furniture ($10.5k), Mill Machinery ($10.4k), and Hard Rubber ($928). Over the past 5 years the exports of Burkina Faso to Tanzania have decreased at an annualized rate of 50.3%,  from $777k in 2017 to $23.5k in 2022.

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

Comparison: In 2022,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B). 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, Tanzania exported $622k to Burkina Faso. The main products exported from Tanzania to Burkina Faso were Other Construction Vehicles ($399k), Interchangeable Tool Parts ($150k), and Sowing Seeds ($20.5k). During the last 5 years the exports of Tanzania to Burkina Faso have increased at an annualized rate of 116%, from $13.3k in 2017 to $622k in 2022.

In 2017, Burkina Faso exported $23.5k to Tanzania. The main products exported from Burkina Faso to Tanzania were Other Furniture ($10.5k), Mill Machinery ($10.4k), and Hard Rubber ($928). During the last 5 years the exports of Burkina Faso to Tanzania have decreased at an annualized rate of 50.3%, from $777k in 2022 to $23.5k in 2017.

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

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

Latest Data

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

Tanzania Exports

Date

Market Competitiveness

Color
Tanzania
Top DestinationIndia$2.73B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Tanzania than Burkina Faso included India ($2.73B), South Africa ($939M), and United Arab Emirates ($1.07B).

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

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

Comparative Advantage Tanzania - Burkina Faso

Flow
Scale

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

During 2022, Tanzania had a large net trade with Burkina Faso in the exports of Machines ($402k), Metals ($152k), and Foodstuffs ($36.3k).

During 2017, Burkina Faso had a large net trade with Tanzania in the exports of Machines ($11.5k), Miscellaneous ($10.5k), and Plastics and Rubbers ($928).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Burkina Faso+$35.9kSowing Seeds
Top Product Potential Burkina Faso Tanzania+$23.9kOther Furniture

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

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

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