2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP
$2.31BCURRENT US$
Rnk 165 / 186
2012-2022
Flag
GDP GROWTH
21%CURRENT US$
Rnk 119 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC
$3,903CURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP PC GROWTH
8.91%CURRENT US$
Rnk 121 / 186

About

Burkina Faso-Cape Verde Trade: In 2022, Burkina Faso exported $7.2k to Cape Verde. The main products that Burkina Faso exported to Cape Verde were N/A. Over the past 11 years the exports of Burkina Faso to Cape Verde have decreased at an annualized rate of 2.38%, from $9.38k in 2011 to $7.2k in 2022.

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

Cape Verde-Burkina Faso Trade: In 2022, Cape Verde exported $5.94k to Burkina Faso. The main products that Cape Verde exported to Burkina Faso were Glues ($5.94k). Over the past 11 years the exports of Cape Verde to Burkina Faso have decreased at an annualized rate of 12.9%,  from $94.1k in 2011 to $5.94k in 2022.

In 2022, Cape Verde 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, Cape Verde ranked 196 in total exports ($92.2M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $7.2k to Cape Verde. There were not main exports from Burkina Faso to Cape Verde in 2022. During the last 11 years the exports of Burkina Faso to Cape Verde have decreased at an annualized rate of 2.38%, from $9.38k in 2011 to $7.2k in 2022.

In 2017, Cape Verde exported $5.94k to Burkina Faso. The main products exported from Cape Verde to Burkina Faso were Glues ($5.94k). During the last 5 years the exports of Cape Verde to Burkina Faso have decreased at an annualized rate of 12.9%, from $94.1k in 2022 to $5.94k in 2017.

Exports from Burkina Faso (Flag) to Cape Verde (Flag) (2022)

Exports from Cape Verde (Flag) to Burkina Faso (Flag) (2022)

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6.08B
Cape Verde
Top Destination
Spain$51.3M

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

In 2022, countries that imported more from Burkina Faso than Cape Verde included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

In 2022, countries that imported more from Cape Verde than Burkina Faso included Spain ($51.3M), Portugal ($10.9M), and Kenya ($694k).

Difference in imports from Cape Verde (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - Cape Verde

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Cape Verde in the exports of Instruments ($7.2k).

During 2017, Cape Verde had a large net trade with Burkina Faso in the exports of Chemical Products ($5.94k).

Economic Complexity

Competitive Landscape

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

Product Space of Burkina Faso (Flag) and Cape Verde (Flag) (2022)

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