2023
Flag  
GDP
$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH
51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP
$2.64BCURRENT US$
Rnk 169 / 195
2013-2023
Flag
GDP GROWTH
7.77%CURRENT US$
Rnk 162 / 195
2023
Flag
GDP PC 
$883CURRENT US$
Rnk 182 / 195
2013-2023
Flag
GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195
2023
Flag
GDP PC
$193CURRENT US$
Rnk 196 / 196
2013-2023
Flag
GDP PC GROWTH
-17.8%CURRENT US$
Rnk 177 / 195

About

Burkina Faso-Burundi Trade: In 2023, Burkina Faso exported $38.3k to Burundi. The main products that Burkina Faso exported to Burundi were Other Furniture ($13.8k), Tractors ($5k), and Bells and Other Metal Ornaments ($3.32k). Over the past 7 years the exports of Burkina Faso to Burundi have increased at an annualized rate of 6.43%, from $24.7k in 2016 to $38.3k in 2023.

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

Burundi-Burkina Faso In N/A, Burundi did not export any products to Burkina Faso.

In 2023, Burundi 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, Burundi ranked 186 in total exports ($199M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $38.3k to Burundi. The main products exported from Burkina Faso to Burundi were Other Furniture ($13.8k), Tractors ($5k), and Bells and Other Metal Ornaments ($3.32k). During the last 7 years the exports of Burkina Faso to Burundi have increased at an annualized rate of 6.43%, from $24.7k in 2016 to $38.3k in 2023.

Burundi does not register exports to Burkina Faso. The main products exported from Burundi to Burkina Faso were Vaccines, blood, antisera, toxins and cultures ($207).

Exports from Burkina Faso (Flag) to Burundi (Flag) (2023)

Exports from Burundi (Flag) to Burkina Faso (Flag) (2023)

Latest Data

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

Burkina Faso Exports

Date

Burundi Exports

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6B
Burundi
Top Destination
United Arab Emirates$117M

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

In 2023, countries that imported more from Burkina Faso than Burundi included Switzerland ($6B), United Arab Emirates ($815M), and India ($271M).

In 2023, countries that imported more from Burundi than Burkina Faso included Sweden ($5.9M), Tanzania ($3.06M), and Finland ($2.72M).

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

Comparative Advantage Burkina Faso - Burundi

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with Burundi in the exports of Miscellaneous ($13.8k), Metals ($6k), and Machines ($5.92k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Burundi+$5.83kOther Furniture
Top Product Potential Burundi Burkina Faso+$12.8kCars

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

Product Space of Burkina Faso (Flag) and Burundi (Flag) (2023)

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