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Pricing

2022
Flag → Flag
Exports $46kRnk 89 / 131
2022
Flag → Flag
Top Product $21.3kCars
2022
Flag → Flag
Exports $31.8kRnk 73 / 109
2022
Flag → Flag
Top Product $22kVideo Displays
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.42Rnk 124 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH-17.4%CURRENT US$
Rnk 178 / 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$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH-34.8%CURRENT US$
Rnk 180 / 186

About

Burkina Faso-Republic of the Congo Trade: In 2022, Burkina Faso exported $46k to Republic of the Congo. The main products that Burkina Faso exported to Republic of the Congo were Cars ($21.3k), Iron Pipe Fittings ($4.92k), and Chemical Analysis Instruments ($3.11k). Over the past 5 years the exports of Burkina Faso to Republic of the Congo have decreased at an annualized rate of 16.7%, from $115k in 2017 to $46k in 2022.

In 2022, Burkina Faso did not export any services to Republic of the Congo.

Republic of the Congo-Burkina Faso Trade: In 2022, Republic of the Congo exported $31.8k to Burkina Faso. The main products that Republic of the Congo exported to Burkina Faso were Video Displays ($22k), Excavation Machinery ($4.88k), and Scales ($2.71k). Over the past 5 years the exports of Republic of the Congo to Burkina Faso have decreased at an annualized rate of 33.8%,  from $250k in 2017 to $31.8k in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $46k to Republic of the Congo. The main products exported from Burkina Faso to Republic of the Congo were Cars ($21.3k), Iron Pipe Fittings ($4.92k), and Chemical Analysis Instruments ($3.11k). During the last 5 years the exports of Burkina Faso to Republic of the Congo have decreased at an annualized rate of 16.7%, from $115k in 2017 to $46k in 2022.

In 2017, Republic of the Congo exported $31.8k to Burkina Faso. The main products exported from Republic of the Congo to Burkina Faso were Video Displays ($22k), Excavation Machinery ($4.88k), and Scales ($2.71k). During the last 5 years the exports of Republic of the Congo to Burkina Faso have decreased at an annualized rate of 33.8%, from $250k in 2022 to $31.8k in 2017.

Exports from Burkina Faso (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Burkina Faso (Flag) (2022)

Latest Data

Trade between Burkina Faso (Flag) and Republic of the Congo (Flag)

Burkina Faso Exports

Republic of the Congo Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Republic of the Congo
Top DestinationChina$4.82B

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

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

In 2022, countries that imported more from Republic of the Congo than Burkina Faso included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

Difference in imports from Republic of the Congo (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - Republic of the Congo

Flow
Scale

This chart compares trade between Burkina Faso and Republic of the Congo by product, considering products traded by both, Burkina Faso and Republic of the Congo.

During 2022, Burkina Faso had a large net trade with Republic of the Congo in the exports of Transportation ($21.3k), Machines ($7.23k), and Metals ($6.47k).

During 2017, Republic of the Congo had a large net trade with Burkina Faso in the exports of Machines ($29.6k) and Textiles ($2.22k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Republic of the Congo+$31.7kCars
Top Product Potential Republic of the Congo Burkina Faso+$21.4kTelephones

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

Product Space of Burkina Faso (Flag) and Republic of the Congo (Flag) (2022)

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