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 null most complex economy according to the Economic Complexity Index (ECI).

Exports: The top exports of Burundi are Gold ($137M), Coffee ($58M), Tea ($22M), Niobium, Tantalum, Vanadium and Zirconium Ore ($10.8M), and Wheat Flours ($10.3M), exporting mostly to United Arab Emirates ($141M), Democratic Republic of the Congo ($19.9M), Germany ($12.1M), China ($12M), and Pakistan ($11.9M).

Imports: The top imports of Burundi are Refined Petroleum ($149M), Packaged Medicaments ($44.5M), Cement ($36M), Raw Sugar ($30.1M), and Cars ($25.8M), importing mostly from China ($127M), Saudi Arabia ($122M), India ($75.5M), Kenya ($62M), and United Arab Emirates ($59.6M).

Location: Burundi borders Democratic Republic of the Congo, Rwanda, and Tanzania by land.

Historical Data

#permalink to section

Yearly Exports

#permalink to section
Value
Depth

Top Export (2019): Gold, $137M

Top Destination (2019): United Arab Emirates, $141M

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.

The most recent exports are led by Gold ($137M), Coffee ($58M), Tea ($22M), Niobium, Tantalum, Vanadium and Zirconium Ore ($10.8M), and Wheat Flours ($10.3M). The most common destination for the exports of Burundi are United Arab Emirates ($141M), Democratic Republic of the Congo ($19.9M), Germany ($12.1M), China ($12M), and Pakistan ($11.9M).

Explore Visualizations

Yearly Imports

#permalink to section
Value
Depth

Top Import (2019): Refined Petroleum, $149M

Top Origin (2019): China, $127M

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.

The most recent imports of Burundi are led by Refined Petroleum ($149M), Packaged Medicaments ($44.5M), Cement ($36M), Raw Sugar ($30.1M), and Cars ($25.8M). The most common import partners for Burundi are China ($127M), Saudi Arabia ($122M), India ($75.5M), Kenya ($62M), and United Arab Emirates ($59.6M).

Explore Visualizations

Flow

Fastest Growing Export Markets (2018 - 2019)

Fastest Growing Import Markets (2018 - 2019)

Burundi Exports Services (2018): $105M

Burundi Imports Services (2018): $229M

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).

Economic Complexity

#permalink to section

Most Specialized Products by RCA Index

#permalink to section

Burundi has a high level of specialization in Niobium, Tantalum, Vanadium and Zirconium Ore (415), Tin Ores (327), Tea (190), Wheat Flours (135), and Coffee (124). Specialization is measured using RCA, an index that takes the ratio between Burundi observed and expected exports in each product.

Most Complex Products by PCI

#permalink to section

The highest complexity exports of Burundi according to the product complexity index (PCI) are Provitamins and vitamins, their derivatives (1.12), Medical wadding, gauze, dressings etc (0.62), Trailers and non-mechanically propelled vehicle nes (0.52), Machinery to sort, screen, wash, etc mineral products (0.34), and Reservoirs, tanks, vats, etc, iron or steel cap >300l (0.28). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

#permalink to 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.

Relatedness Space

#permalink to section

This network shows the products most related to the production structure of Burundi. These are products that tend to be co-exported with the products that Burundi exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

#permalink to section
Filter
Depth

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.