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2022
Flag → Flag
Exports $34MRnk 16 / 131
2022
Flag → Flag
Top Product $33.9MRaw Cotton
2022
Flag → Flag
Exports $30.5MRnk 86 / 208
2022
Flag → Flag
Top Product $23.5MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.33Rnk 50 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH-9.49%CURRENT US$
Rnk 174 / 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$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH-5.39%CURRENT US$
Rnk 154 / 186

About

Burkina Faso-Greece Trade: In 2022, Burkina Faso exported $34M to Greece. The main products that Burkina Faso exported to Greece were Raw Cotton ($33.9M), Iron Wire ($51.2k), and Coconuts, Brazil Nuts, and Cashews ($44.8k). Over the past 5 years the exports of Burkina Faso to Greece have increased at an annualized rate of 608%, from $1.91k in 2017 to $34M in 2022.

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

Greece-Burkina Faso Trade: In 2022, Greece exported $30.5M to Burkina Faso. The main products that Greece exported to Burkina Faso were Refined Petroleum ($23.5M), Petroleum Coke ($3.71M), and Metal Stoppers ($1.33M). Over the past 5 years the exports of Greece to Burkina Faso have increased at an annualized rate of 32.3%,  from $7.53M in 2017 to $30.5M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $34M to Greece. The main products exported from Burkina Faso to Greece were Raw Cotton ($33.9M), Iron Wire ($51.2k), and Coconuts, Brazil Nuts, and Cashews ($44.8k). During the last 5 years the exports of Burkina Faso to Greece have increased at an annualized rate of 608%, from $1.91k in 2017 to $34M in 2022.

In 2017, Greece exported $30.5M to Burkina Faso. The main products exported from Greece to Burkina Faso were Refined Petroleum ($23.5M), Petroleum Coke ($3.71M), and Metal Stoppers ($1.33M). During the last 5 years the exports of Greece to Burkina Faso have increased at an annualized rate of 32.3%, from $7.53M in 2022 to $30.5M in 2017.

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

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

Latest Data

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

Burkina Faso Exports

Greece Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Greece
Top DestinationItaly$5.82B

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

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

In 2022, countries that imported more from Greece than Burkina Faso included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Comparative Advantage Burkina Faso - Greece

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Greece in the exports of Textiles ($33.9M), Vegetable Products ($85k), and Metals ($51.2k).

During 2017, Greece had a large net trade with Burkina Faso in the exports of Mineral Products ($27.3M), Chemical Products ($1.38M), and Metals ($1.35M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Greece+$195kOther Oily Seeds
Top Product Potential Greece Burkina Faso+$11.7MRefined 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 Greece. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Greece. Similarly, a dot/product with the flag of Greece indicates it has a comparative advantage over Burkina Faso.

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

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