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Pricing

2022
Flag → Flag
Exports $4.66MRnk 32 / 131
2022
Flag → Flag
Top Product $4.66MRaw Cotton
2022
Flag → Flag
Exports $230kRnk 130 / 139
2022
Flag → Flag
Top Product $88.5kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.82Rnk 101 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$460BCURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP GROWTH245%CURRENT US$
Rnk 2 / 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$2,688CURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP PC GROWTH207%CURRENT US$
Rnk 2 / 186

About

Burkina Faso-Bangladesh Trade: In 2022, Burkina Faso exported $4.66M to Bangladesh. The main products that Burkina Faso exported to Bangladesh were Raw Cotton ($4.66M). Over the past 12 years the exports of Burkina Faso to Bangladesh have decreased at an annualized rate of 10.6%, from $17.9M in 2010 to $4.66M in 2022.

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

Bangladesh-Burkina Faso Trade: In 2022, Bangladesh exported $230k to Burkina Faso. The main products that Bangladesh exported to Burkina Faso were Packaged Medicaments ($88.5k), Fruit Juice ($40k), and Other Edible Preparations ($37.9k). Over the past 12 years the exports of Bangladesh to Burkina Faso have decreased at an annualized rate of 10.4%,  from $399k in 2010 to $230k in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 101 in the Economic Complexity Index (ECI -0.82), and 52 in total exports ($64.2B).

Historical Data

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Bangladesh
Top DestinationUnited States$11.7B

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

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

In 2022, countries that imported more from Bangladesh than Burkina Faso included United States ($11.7B), Germany ($10.2B), and United Kingdom ($4.86B).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Burkina Faso Bangladesh+$6.21MRaw Cotton
Top Product Potential Bangladesh Burkina Faso+$180kPackaged 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

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

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

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