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Pricing

2023
Flag → Flag
Exports $29.3kRnk 85 / 125
2023
Flag → Flag
Top Product $21.3kOther Small Iron Pipes
2023
Flag → Flag
Exports $5.68MRnk 55 / 157
2023
Flag → Flag
Top Product $3.92MCement
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.23Rnk 120 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP$84.8BCURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP GROWTH-35.9%CURRENT US$
Rnk 193 / 195
2023
Flag
GDP PC $883CURRENT US$
Rnk 182 / 195
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195
2023
Flag
GDP PC$2,308CURRENT US$
Rnk 151 / 196
2013-2023
Flag
GDP PC GROWTH-54.4%CURRENT US$
Rnk 194 / 195

About

Burkina Faso-Angola Trade: In 2023, Burkina Faso exported $29.3k to Angola. The main products that Burkina Faso exported to Angola were Other Small Iron Pipes ($21.3k), Centrifuges ($1.76k), and Liquid Pumps ($1.65k). Over the past 5 years the exports of Burkina Faso to Angola have decreased at an annualized rate of 7.07%, from $42.3k in 2018 to $29.3k in 2023.

In 2023, Burkina Faso did not export any services to Angola.

Angola-Burkina Faso Trade: In 2023, Angola exported $5.68M to Burkina Faso. The main products that Angola exported to Burkina Faso were Cement ($3.92M), Glass Bottles ($1.65M), and Refined Petroleum ($77.3k). Over the past 5 years the exports of Angola to Burkina Faso have increased at an annualized rate of 37.5%,  from $1.16M in 2018 to $5.68M in 2023.

In 2023, Angola did not export any services to Burkina Faso.

Comparison: In 2023,  Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B). That same year, Angola ranked 120 in the Economic Complexity Index (ECI -1.23), and 62 in total exports ($42.6B).

Historical Data

Latest Data

Trade between Burkina Faso (Flag) and Angola (Flag)

Angola Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
Angola
Top DestinationChina$17.1B

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

In 2023, countries that imported more from Burkina Faso than Angola included Switzerland ($6B), Mali ($268M), and Uganda ($109M).

In 2023, countries that imported more from Angola than Burkina Faso included China ($17.1B), India ($3.87B), and Spain ($2.65B).

Difference in imports from Angola (Flag) and Burkina Faso (Flag) (2023)

Potential Exports

Potential Exports

Depth
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Top Product Potential Burkina Faso Angola+$14.7kCentrifuges
Top Product Potential Angola Burkina Faso+$2.91MRefined Petroleum

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 Burkina Faso and Angola. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Burkina Faso.

Product Space of Burkina Faso (Flag) and Angola (Flag) (NaN)

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