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2022
Flag → Flag
Exports $7.24MRnk 27 / 131
2022
Flag → Flag
Top Product $7.18MRefined Petroleum
2022
Flag → Flag
Exports $800kRnk 82 / 158
2022
Flag → Flag
Top Product $513kPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.72Rnk 98 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
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GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$127BCURRENT US$
Rnk 60 / 186
2012-2022
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GDP GROWTH193%CURRENT US$
Rnk 3 / 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$1,028CURRENT US$
Rnk 168 / 186
2012-2022
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GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Burkina Faso-Ethiopia Trade: In 2022, Burkina Faso exported $7.24M to Ethiopia. The main products that Burkina Faso exported to Ethiopia were Refined Petroleum ($7.18M), Other Furniture ($24.9k), and Bells and Other Metal Ornaments ($14.7k). Over the past 5 years the exports of Burkina Faso to Ethiopia have increased at an annualized rate of 25.5%, from $2.33M in 2017 to $7.24M in 2022.

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

Ethiopia-Burkina Faso Trade: In 2022, Ethiopia exported $800k to Burkina Faso. The main products that Ethiopia exported to Burkina Faso were Petroleum Gas ($513k), Vaccines, blood, antisera, toxins and cultures ($115k), and Glands and Other Organs ($62.2k). Over the past 5 years the exports of Ethiopia to Burkina Faso have decreased at an annualized rate of 12.6%,  from $1.57M in 2017 to $800k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $7.24M to Ethiopia. The main products exported from Burkina Faso to Ethiopia were Refined Petroleum ($7.18M), Other Furniture ($24.9k), and Bells and Other Metal Ornaments ($14.7k). During the last 5 years the exports of Burkina Faso to Ethiopia have increased at an annualized rate of 25.5%, from $2.33M in 2017 to $7.24M in 2022.

In 2017, Ethiopia exported $800k to Burkina Faso. The main products exported from Ethiopia to Burkina Faso were Petroleum Gas ($513k), Vaccines, blood, antisera, toxins and cultures ($115k), and Glands and Other Organs ($62.2k). During the last 5 years the exports of Ethiopia to Burkina Faso have decreased at an annualized rate of 12.6%, from $1.57M in 2022 to $800k in 2017.

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

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

Latest Data

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

Burkina Faso Exports

Ethiopia Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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

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

In 2022, countries that imported more from Ethiopia than Burkina Faso included United States ($557M), Saudi Arabia ($268M), and Somalia ($265M).

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

Comparative Advantage Burkina Faso - Ethiopia

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Ethiopia in the exports of Mineral Products ($7.18M), Miscellaneous ($28.7k), and Metals ($19.6k).

During 2017, Ethiopia had a large net trade with Burkina Faso in the exports of Mineral Products ($513k), Chemical Products ($183k), and Machines ($37.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Ethiopia+$121kRefined Petroleum
Top Product Potential Ethiopia Burkina Faso+$36.6kCars

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

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

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