2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Burkina Faso-Cuba Trade: In 2021, Burkina Faso exported $21.2k to Cuba. The main products that Burkina Faso exported to Cuba were N/A. Over the past 24 years the exports of Burkina Faso to Cuba have increased at an annualized rate of 4.19%, from $7.92k in 1997 to $21.2k in 2021.

In 2021, Burkina Faso did not export any services to Cuba.

Cuba-Burkina Faso Trade: In 2021, Cuba exported $21.5k to Burkina Faso. The main products that Cuba exported to Burkina Faso were Rolled Tobacco ($15.4k) and Other Furniture ($6.07k). Over the past 24 years the exports of Cuba to Burkina Faso have decreased at an annualized rate of 3.5%,  from $50.4k in 1997 to $21.5k in 2021.

In 2021, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Burkina Faso exported $21.2k to Cuba. There were not main exports from Burkina Faso to Cuba in 2021. During the last 24 years the exports of Burkina Faso to Cuba have increased at an annualized rate of 4.19%, from $7.92k in 1997 to $21.2k in 2021.

In 2017, Cuba exported $21.5k to Burkina Faso. The main products exported from Cuba to Burkina Faso were Rolled Tobacco ($15.4k) and Other Furniture ($6.07k). During the last 5 years the exports of Cuba to Burkina Faso have decreased at an annualized rate of 3.5%, from $50.4k in 2022 to $21.5k in 2017.

Exports from Burkina Faso (Flag) to Cuba (Flag) (2022)

Exports from Cuba (Flag) to Burkina Faso (Flag) (2022)

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6.08B
Cuba
Top Destination
China$426M

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

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

In 2022, countries that imported more from Cuba than Burkina Faso included China ($426M), Spain ($139M), and Portugal ($43.3M).

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

Comparative Advantage Burkina Faso - Cuba

Flow
Scale

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

During 2021, Burkina Faso had a large net trade with Cuba in the exports of .

During 2017, Cuba had a large net trade with Burkina Faso in the exports of Foodstuffs ($15.4k) and Miscellaneous ($6.07k).

Economic Complexity

Competitive Landscape

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

Product Space of Burkina Faso (Flag) and Cuba (Flag) (2022)

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