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Pricing

2022
Flag → Flag
Exports $23.7kRnk 93 / 131
2022
Flag → Flag
Top Product $23.7kInedible Fats and Oils
2022
Flag → Flag
Exports $12.7MRnk 122 / 168
2022
Flag → Flag
Top Product $10.5MWheat
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Burkina Faso-Argentina Trade: In 2022, Burkina Faso exported $23.7k to Argentina. The main products that Burkina Faso exported to Argentina were Inedible Fats and Oils ($23.7k). Over the past 6 years the exports of Burkina Faso to Argentina have increased at an annualized rate of 68.5%, from $1.04k in 2016 to $23.7k in 2022.

In 2022, Burkina Faso did not export any services to Argentina.

Argentina-Burkina Faso Trade: In 2022, Argentina exported $12.7M to Burkina Faso. The main products that Argentina exported to Burkina Faso were Wheat ($10.5M), Concentrated Milk ($1.08M), and Other Processed Fruits and Nuts ($993k). Over the past 6 years the exports of Argentina to Burkina Faso have increased at an annualized rate of 17.8%,  from $4.04M in 2016 to $12.7M in 2022.

In 2022, Argentina did not export any services to Burkina Faso.

Comparison: In 2022,  Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $23.7k to Argentina. The main products exported from Burkina Faso to Argentina were Inedible Fats and Oils ($23.7k). During the last 6 years the exports of Burkina Faso to Argentina have increased at an annualized rate of 68.5%, from $1.04k in 2016 to $23.7k in 2022.

In 2017, Argentina exported $12.7M to Burkina Faso. The main products exported from Argentina to Burkina Faso were Wheat ($10.5M), Concentrated Milk ($1.08M), and Other Processed Fruits and Nuts ($993k). During the last 5 years the exports of Argentina to Burkina Faso have increased at an annualized rate of 17.8%, from $4.04M in 2022 to $12.7M in 2017.

Exports from Burkina Faso (Flag) to Argentina (Flag) (2022)

Exports from Argentina (Flag) to Burkina Faso (Flag) (2022)

Latest Data

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

Argentina Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Burkina Faso than Argentina included Switzerland ($6.08B), Mali ($304M), and United Arab Emirates ($538M).

In 2022, countries that imported more from Argentina than Burkina Faso included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

Comparative Advantage Burkina Faso - Argentina

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Argentina in the exports of Animal and Vegetable Bi-Products ($23.7k).

During 2017, Argentina had a large net trade with Burkina Faso in the exports of Vegetable Products ($10.5M), Animal Products ($1.08M), and Foodstuffs ($995k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Argentina+$3.7kRefined Petroleum
Top Product Potential Argentina Burkina Faso+$555kWheat

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

Product Space of Burkina Faso (Flag) and Argentina (Flag) (2022)

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