2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
Flag
GDP GROWTH
32%CURRENT US$
Rnk 93 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
Rnk 81 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

United Arab Emirates-Burkina Faso Trade: In 2022, United Arab Emirates exported $168M to Burkina Faso. The main products that United Arab Emirates exported to Burkina Faso were Refined Petroleum ($105M), Cars ($9.22M), and Broadcasting Equipment ($6.73M). Over the past 5 years the exports of United Arab Emirates to Burkina Faso have increased at an annualized rate of 44.5%, from $26.8M in 2017 to $168M in 2022.

In 2022, United Arab Emirates did not export any services to Burkina Faso.

Burkina Faso-United Arab Emirates Trade: In 2022, Burkina Faso exported $538M to United Arab Emirates. The main products that Burkina Faso exported to United Arab Emirates were Gold ($534M), Coconuts, Brazil Nuts, and Cashews ($2.26M), and Precious Stones ($379k). Over the past 5 years the exports of Burkina Faso to United Arab Emirates have increased at an annualized rate of 138%,  from $6.99M in 2017 to $538M in 2022.

In 2022, Burkina Faso did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). 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, United Arab Emirates exported $168M to Burkina Faso. The main products exported from United Arab Emirates to Burkina Faso were Refined Petroleum ($105M), Cars ($9.22M), and Broadcasting Equipment ($6.73M). During the last 5 years the exports of United Arab Emirates to Burkina Faso have increased at an annualized rate of 44.5%, from $26.8M in 2017 to $168M in 2022.

In 2017, Burkina Faso exported $538M to United Arab Emirates. The main products exported from Burkina Faso to United Arab Emirates were Gold ($534M), Coconuts, Brazil Nuts, and Cashews ($2.26M), and Precious Stones ($379k). During the last 5 years the exports of Burkina Faso to United Arab Emirates have increased at an annualized rate of 138%, from $6.99M in 2022 to $538M in 2017.

Exports from United Arab Emirates (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Burkina Faso (Flag)

United Arab Emirates Exports

Burkina Faso Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2022, countries that imported more from United Arab Emirates than Burkina Faso included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Burkina Faso than United Arab Emirates included Mali ($304M), North Korea ($70.9k), and Turks and Caicos Islands ($140k).

Difference in imports from Burkina Faso (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Burkina Faso

Flow
Scale

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

During 2022, United Arab Emirates had a large net trade with Burkina Faso in the exports of Mineral Products ($106M), Machines ($25.3M), and Transportation ($13.9M).

During 2017, Burkina Faso had a large net trade with United Arab Emirates in the exports of Precious Metals ($535M), Vegetable Products ($2.35M), and Textiles ($342k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Burkina Faso+$11.7MRefined Petroleum
Top Product Potential Burkina Faso United Arab Emirates+$154MGold

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 United Arab Emirates and Burkina Faso. This means that a dot/product with the flag of United Arab Emirates 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 United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Burkina Faso (Flag) (2022)

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