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Flag → Flag
Exports $279Rnk 47 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 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 $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

In N/A, Armenia did not export any services to Burkina Faso.

Burkina Faso-Armenia Trade: In N/A, Burkina Faso exported $279 to Armenia. The main products that Burkina Faso exported to Armenia were N/A. Over the past N/A years the exports of Burkina Faso to Armenia have increased at an annualized rate of 54.2%,  from $32 in N/A to $279 in N/A.

In N/A, Burkina Faso did not export any services to Armenia.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). 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

Armenia does not register exports to Burkina Faso.

In 2016, Burkina Faso exported $279 to Armenia. There were not main exports from Burkina Faso to Armenia in 2016. During the last 5 years the exports of Burkina Faso to Armenia have increased at an annualized rate of 54.2%, from $32 in 2021 to $279 in 2016.

Exports from Armenia (Flag) to Burkina Faso (Flag) (2021)

Exports from Burkina Faso (Flag) to Armenia (Flag) (2021)

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Armenia than Burkina Faso included Russia ($2.36B), China ($420M), and Georgia ($260M).

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

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

Comparative Advantage Armenia - Burkina Faso

Flow
Scale

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

During 2016, Burkina Faso had a large net trade with Armenia in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Burkina Faso+$1.95kTelephones
Top Product Potential Burkina Faso Armenia+$4.28kGold

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

Product Space of Armenia (Flag) and Burkina Faso (Flag) (2021)

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