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2022
Flag → Flag
Exports $4.62MRnk 63 / 0
2022
Flag → Flag
Exports $410kRnk 124 / 138
2022
Flag → Flag
Top Product $151kVaccines, blood, antisera, toxins and cultures
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 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$2,551CURRENT US$
Rnk 146 / 196
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195

About

Burkina Faso-Bangladesh Trade: In 2022, Burkina Faso exported $4.62M to Bangladesh. The main products that Burkina Faso exported to Bangladesh were N/A. Over the past 12 years the exports of Burkina Faso to Bangladesh have decreased at an annualized rate of 11.2%, from $19.1M in 2010 to $4.62M in 2022.

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

Bangladesh-Burkina Faso Trade: In 2022, Bangladesh exported $410k to Burkina Faso. The main products that Bangladesh exported to Burkina Faso were Vaccines, blood, antisera, toxins and cultures ($151k), Other Edible Preparations ($69.3k), and Bicycles, delivery tricycles, other cycles ($22.6k). Over the past 12 years the exports of Bangladesh to Burkina Faso have decreased at an annualized rate of 14.7%,  from $910k in 2010 to $410k in 2022.

In 2022, Bangladesh 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, Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $4.62M to Bangladesh. There were not main exports from Burkina Faso to Bangladesh in 2022. During the last 12 years the exports of Burkina Faso to Bangladesh have decreased at an annualized rate of 11.2%, from $19.1M in 2010 to $4.62M in 2022.

In 2018, Bangladesh exported $410k to Burkina Faso. The main products exported from Bangladesh to Burkina Faso were Vaccines, blood, antisera, toxins and cultures ($151k), Other Edible Preparations ($69.3k), and Bicycles, delivery tricycles, other cycles ($22.6k). During the last 5 years the exports of Bangladesh to Burkina Faso have decreased at an annualized rate of 14.7%, from $910k in 2023 to $410k in 2018.

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

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

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
Bangladesh
Top DestinationUnited States$8.58B

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 2023, countries that imported more from Burkina Faso than Bangladesh included Switzerland ($6B), Mali ($268M), and Cote d'Ivoire ($136M).

In 2023, countries that imported more from Bangladesh than Burkina Faso included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

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

Comparative Advantage Burkina Faso - Bangladesh

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Bangladesh in the exports of .

During 2018, Bangladesh had a large net trade with Burkina Faso in the exports of Chemical Products ($151k), Foodstuffs ($130k), and Textiles ($67.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
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) (2023)

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