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2022
Flag → Flag
Exports $7.01MRnk 28 / 131
2022
Flag → Flag
Top Product $5.02MTropical Fruits
2022
Flag → Flag
Exports $36.3MRnk 136 / 224
2022
Flag → Flag
Top Product $17.6MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Burkina Faso-United Kingdom Trade: In 2022, Burkina Faso exported $7.01M to United Kingdom. The main products that Burkina Faso exported to United Kingdom were Tropical Fruits ($5.02M), Coconuts, Brazil Nuts, and Cashews ($407k), and Paper Containers ($198k). Over the past 5 years the exports of Burkina Faso to United Kingdom have decreased at an annualized rate of 12.5%, from $13.6M in 2017 to $7.01M in 2022.

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

United Kingdom-Burkina Faso Trade: In 2022, United Kingdom exported $36.3M to Burkina Faso. The main products that United Kingdom exported to Burkina Faso were Refined Petroleum ($17.6M), Other Plastic Products ($1.29M), and Engine Parts ($946k). Over the past 5 years the exports of United Kingdom to Burkina Faso have increased at an annualized rate of 0.84%,  from $34.8M in 2017 to $36.3M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $7.01M to United Kingdom. The main products exported from Burkina Faso to United Kingdom were Tropical Fruits ($5.02M), Coconuts, Brazil Nuts, and Cashews ($407k), and Paper Containers ($198k). During the last 5 years the exports of Burkina Faso to United Kingdom have decreased at an annualized rate of 12.5%, from $13.6M in 2017 to $7.01M in 2022.

In 2017, United Kingdom exported $36.3M to Burkina Faso. The main products exported from United Kingdom to Burkina Faso were Refined Petroleum ($17.6M), Other Plastic Products ($1.29M), and Engine Parts ($946k). During the last 5 years the exports of United Kingdom to Burkina Faso have increased at an annualized rate of 0.84%, from $34.8M in 2022 to $36.3M in 2017.

Exports from Burkina Faso (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Burkina Faso (Flag) (2022)

Latest Data

Trade between Burkina Faso (Flag) and United Kingdom (Flag)

Burkina Faso Exports

United Kingdom Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2022, countries that imported more from Burkina Faso than United Kingdom included Mali ($304M), Niger ($32.6M), and Rwanda ($36.4M).

In 2022, countries that imported more from United Kingdom than Burkina Faso included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - United Kingdom

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with United Kingdom in the exports of Vegetable Products ($5.75M), Machines ($376k), and Foodstuffs ($218k).

During 2017, United Kingdom had a large net trade with Burkina Faso in the exports of Mineral Products ($17.6M), Machines ($7.13M), and Metals ($2.09M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso United Kingdom+$2.13MTropical Fruits
Top Product Potential United Kingdom Burkina Faso+$13.6MRefined Petroleum

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

Product Space of Burkina Faso (Flag) and United Kingdom (Flag) (2022)

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