Burundi (BDI) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Burundi-Italy Trade: In 2022, Burundi exported $1.19M to Italy. The main products that Burundi exported to Italy were Coffee ($667k), Tanned Goat Hides ($444k), and Tanned Equine and Bovine Hides ($61.8k). Over the past 5 years the exports of Burundi to Italy have decreased at an annualized rate of 13%, from $2.38M in 2017 to $1.19M in 2022.

In 2022, Burundi did not export any services to Italy.

Italy-Burundi Trade: In 2022, Italy exported $9.8M to Burundi. The main products that Italy exported to Burundi were Industrial Food Preperation Machinery ($1.73M), Raw Iron Bars ($860k), and Other Pure Vegetable Oils ($505k). Over the past 5 years the exports of Italy to Burundi have increased at an annualized rate of 7.37%, from $6.87M in 2017 to $9.8M in 2022.

In 2022, Italy did not export any services to Burundi.

Comparison In 2022, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index. That same year, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Burundi exported $1.19M to Italy. The main products exported from Burundi to Italy were Coffee ($667k), Tanned Goat Hides ($444k), and Tanned Equine and Bovine Hides ($61.8k). During the last 5 years the exports of Burundi to Italy have decreased at an annualized rate of 13%, from $2.38M in 2017 to $1.19M in 2022.

In 2017, Italy exported $9.8M to Burundi. The main products exported from Italy to Burundi were Industrial Food Preperation Machinery ($1.73M), Raw Iron Bars ($860k), and Other Pure Vegetable Oils ($505k). During the last 5 years the exports of Italy to Burundi have increased at an annualized rate of 7.37%, from $6.87M in 2022 to $9.8M in 2017.

Exports from Burundi () to Italy () (2022)

Exports from Italy () to Burundi () (2022)

Latest Data

Trade between Burundi () and Italy ()

Burundi Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burundi
Top DestinationUnited Arab Emirates$59.9M

Italy
Top DestinationGermany$78.5B

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

In 2022, no countries were registered that imported more from Burundi than from Italy.

In 2022, countries that imported more from Italy than Burundi included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

Difference in imports from Italy () and Burundi () (2022)

Comparative Advantage Burundi - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Burundi and Italy by product, considering products traded by both, Burundi and Italy.

During 2022, Burundi had a large net trade with Italy in the exports of Vegetable Products ($667k), Animal Hides ($506k), and Transportation ($7.35k).

During 2017, Italy had a large net trade with Burundi in the exports of Machines ($4.62M), Metals ($1.25M), and Foodstuffs ($1.13M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Burundi Italy+$1.54MCoffee

Top Product Potential Italy Burundi+$467kPackaged Medicaments

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

Year

This visualization shows the product space at the HS4 level with the flags of Burundi and Italy. This means that a dot/product with the flag of Burundi indicates it has a comparative advantage over Italy. Similarly, a dot/product with the flag of Italy indicates it has a comparative advantage over Burundi.

About

Historical Data

Bilateral Trade by Products

Exports from Burundi () to Italy () (2022)

Exports from Italy () to Burundi () (2022)

Latest Data

Trade between Burundi () and Italy ()

Burundi Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Burundi () (2022)

Comparative Advantage Burundi - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burundi () and Italy () (2022)

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