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2022
Flag → Flag
Exports $21.6MRnk 22 / 131
2022
Flag → Flag
Top Product $21.3MOther Oily Seeds
2022
Flag → Flag
Exports $37.7MRnk 92 / 218
2022
Flag → Flag
Top Product $19.8MBeer
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.01Rnk 27 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$395BCURRENT US$
Rnk 39 / 186
2012-2022
Flag
GDP GROWTH20.9%CURRENT US$
Rnk 120 / 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$66,983CURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP PC GROWTH14.5%CURRENT US$
Rnk 99 / 186

About

Burkina Faso-Denmark Trade: In 2022, Burkina Faso exported $21.6M to Denmark. The main products that Burkina Faso exported to Denmark were Other Oily Seeds ($21.3M), Other Furniture ($129k), and Non-powered Aircraft ($69.4k). Over the past 5 years the exports of Burkina Faso to Denmark have increased at an annualized rate of 3.44%, from $18.2M in 2017 to $21.6M in 2022.

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

Denmark-Burkina Faso Trade: In 2022, Denmark exported $37.7M to Burkina Faso. The main products that Denmark exported to Burkina Faso were Beer ($19.8M), Vaccines, blood, antisera, toxins and cultures ($3.44M), and Packaged Medicaments ($2.64M). Over the past 5 years the exports of Denmark to Burkina Faso have increased at an annualized rate of 26.2%,  from $11.8M in 2017 to $37.7M in 2022.

In 2022, Denmark 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, Denmark ranked 27 in the Economic Complexity Index (ECI 1.01), and 37 in total exports ($122B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $21.6M to Denmark. The main products exported from Burkina Faso to Denmark were Other Oily Seeds ($21.3M), Other Furniture ($129k), and Non-powered Aircraft ($69.4k). During the last 5 years the exports of Burkina Faso to Denmark have increased at an annualized rate of 3.44%, from $18.2M in 2017 to $21.6M in 2022.

In 2017, Denmark exported $37.7M to Burkina Faso. The main products exported from Denmark to Burkina Faso were Beer ($19.8M), Vaccines, blood, antisera, toxins and cultures ($3.44M), and Packaged Medicaments ($2.64M). During the last 5 years the exports of Denmark to Burkina Faso have increased at an annualized rate of 26.2%, from $11.8M in 2022 to $37.7M in 2017.

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

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

Latest Data

Trade between Burkina Faso (Flag) and Denmark (Flag)

Burkina Faso Exports

Denmark Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Denmark
Top DestinationGermany$18.9B

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

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

In 2022, countries that imported more from Denmark than Burkina Faso included Germany ($18.9B), United States ($13.1B), and Sweden ($11.6B).

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

Comparative Advantage Burkina Faso - Denmark

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Denmark in the exports of Vegetable Products ($21.3M), Miscellaneous ($129k), and Transportation ($69.5k).

During 2017, Denmark had a large net trade with Burkina Faso in the exports of Foodstuffs ($20.4M), Machines ($7.08M), and Chemical Products ($6.79M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Denmark+$158kOther Furniture
Top Product Potential Denmark Burkina Faso+$3.16MPackaged 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 Denmark. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Denmark. Similarly, a dot/product with the flag of Denmark indicates it has a comparative advantage over Burkina Faso.

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

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