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Pricing

2020
Flag → Flag
Exports $3.48kRnk 55 / 0
2020
Flag → Flag
Exports $6.05MRnk 24 / 63
2020
Flag → Flag
Top Product $6.05MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$11.8BCURRENT US$
Rnk 142 / 186
2012-2022
Flag
GDP GROWTH-47.2%CURRENT US$
Rnk 184 / 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$7,053CURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP PC GROWTH-62.4%CURRENT US$
Rnk 186 / 186

About

Burkina Faso-Equatorial Guinea Trade: In 2020, Burkina Faso exported $3.48k to Equatorial Guinea. The main products that Burkina Faso exported to Equatorial Guinea were N/A. Over the past 7 years the exports of Burkina Faso to Equatorial Guinea have decreased at an annualized rate of 7%, from $5.78k in 2013 to $3.48k in 2020.

In 2020, Burkina Faso did not export any services to Equatorial Guinea.

Equatorial Guinea-Burkina Faso Trade: In 2020, Equatorial Guinea exported $6.05M to Burkina Faso. The main products that Equatorial Guinea exported to Burkina Faso were Petroleum Gas ($6.05M). Over the past 7 years the exports of Equatorial Guinea to Burkina Faso have increased at an annualized rate of 22.6%,  from $351k in 2013 to $6.05M in 2020.

In 2020, Equatorial Guinea 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, Equatorial Guinea ranked 108 in total exports ($8.63B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Burkina Faso exported $3.48k to Equatorial Guinea. There were not main exports from Burkina Faso to Equatorial Guinea in 2020. During the last 7 years the exports of Burkina Faso to Equatorial Guinea have decreased at an annualized rate of 7%, from $5.78k in 2013 to $3.48k in 2020.

In 2017, Equatorial Guinea exported $6.05M to Burkina Faso. The main products exported from Equatorial Guinea to Burkina Faso were Petroleum Gas ($6.05M). During the last 5 years the exports of Equatorial Guinea to Burkina Faso have increased at an annualized rate of 22.6%, from $351k in 2022 to $6.05M in 2017.

Exports from Burkina Faso (Flag) to Equatorial Guinea (Flag) (2022)

Exports from Equatorial Guinea (Flag) to Burkina Faso (Flag) (2022)

Latest Data

Trade between Burkina Faso (Flag) and Equatorial Guinea (Flag)

Burkina Faso Exports

Date

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Equatorial Guinea
Top DestinationZambia$1.84B

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

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

In 2022, countries that imported more from Equatorial Guinea than Burkina Faso included Zambia ($1.84B), Spain ($1.32B), and China ($1.3B).

Difference in imports from Equatorial Guinea (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - Equatorial Guinea

Flow
Scale

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

During 2020, Burkina Faso had a large net trade with Equatorial Guinea in the exports of .

During 2017, Equatorial Guinea had a large net trade with Burkina Faso in the exports of Mineral Products ($6.05M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Equatorial Guinea+$1.73kCement
Top Product Potential Equatorial Guinea Burkina Faso+$1.75MPetroleum Gas

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

Product Space of Burkina Faso (Flag) and Equatorial Guinea (Flag) (2022)

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