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Pricing

2022
Flag → Flag
Exports $52.3kRnk 92 / 0
2022
Flag → Flag
Exports $2.1MRnk 39 / 107
2022
Flag → Flag
Top Product $2.07MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.73Rnk 128 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH-14.7%CURRENT US$
Rnk 186 / 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$2,478CURRENT US$
Rnk 149 / 196
2013-2023
Flag
GDP PC GROWTH-33%CURRENT US$
Rnk 188 / 195

About

Burkina Faso-Republic of the Congo Trade: In 2022, Burkina Faso exported $52.3k to Republic of the Congo. The main products that Burkina Faso exported to Republic of the Congo were N/A. Over the past 5 years the exports of Burkina Faso to Republic of the Congo have decreased at an annualized rate of 14.5%, from $115k in 2017 to $52.3k 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 $2.1M to Burkina Faso. The main products that Republic of the Congo exported to Burkina Faso were Petroleum Gas ($2.07M), Other Furniture ($14.9k), and Sports Equipment ($3.4k). Over the past 5 years the exports of Republic of the Congo to Burkina Faso have increased at an annualized rate of 153%,  from $20.3k in 2017 to $2.1M in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $52.3k to Republic of the Congo. There were not main exports from Burkina Faso to Republic of the Congo in 2022. During the last 5 years the exports of Burkina Faso to Republic of the Congo have decreased at an annualized rate of 14.5%, from $115k in 2017 to $52.3k in 2022.

In 2018, Republic of the Congo exported $2.1M to Burkina Faso. The main products exported from Republic of the Congo to Burkina Faso were Petroleum Gas ($2.07M), Other Furniture ($14.9k), and Sports Equipment ($3.4k). During the last 5 years the exports of Republic of the Congo to Burkina Faso have increased at an annualized rate of 153%, from $20.3k in 2023 to $2.1M in 2018.

Exports from Burkina Faso (Flag) to Republic of the Congo (Flag) (2023)

Exports from Republic of the Congo (Flag) to Burkina Faso (Flag) (2023)

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$6B
Republic of the Congo
Top DestinationChina$5.45B

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

In 2023, countries that imported more from Republic of the Congo than Burkina Faso included China ($5.45B), United Arab Emirates ($2.7B), and Saudi Arabia ($644M).

Difference in imports from Republic of the Congo (Flag) and Burkina Faso (Flag) (2023)

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 .

During 2018, Republic of the Congo had a large net trade with Burkina Faso in the exports of Mineral Products ($2.07M), Miscellaneous ($20k), and Metals ($6.82k).

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) (2023)

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