Overview: In 2019 Burundi was the number 161 economy in the world in terms of GDP (current US$), the number 174 in total exports, the number 183 in total imports,
the number 187 economy in terms of GDP per capita (current US$) and the number 112 most complex economy according to the Economic Complexity Index (ECI).
In 2019, Burundi exported a total of $283M, making it the number 174 exporter in the world. During the last five reported years the exports of Burundi have changed by -$38.8M from $321M in 2014 to $283M in 2019.
In 2019 Burundi imported $878M, making it the number 183 trade destination in the world. During the last five reported years the imports of Burundi changed by $163M from $715M in 2014 to $878M in 2019.
In 2018, Burundi exported $105M worth of services. The top services exported by Burundi in 2018 were Government services, n.i.e. ($80.6M), Other business services ($11.1M), Computer and information services ($4.17M), Personal travel ($3.61M), and Transportation ($2.22M).
The top services imported by Burundi in 2018 were Transportation ($161M), Other business services ($19.1M), Government services, n.i.e. ($13.3M), Business travel ($12.6M), and Personal travel ($10.2M).
During the last 20 years Burundi's economy has become relatively less complex, moving from the 109th to the 112th position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
The top export opportunities for Burundi according to the relatedness index, are Other Oily Seeds (0.065), Cocoa Beans (0.064), Crude Petroleum (0.062), Manganese Ore (0.062), and Dried Legumes (0.058). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Burundi is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.