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2020
Flag → Flag
Exports $1.09kRnk 7 / 0
2020
Flag → Flag
Exports $3.64MRnk 91 / 182
2020
Flag → Flag
Top Product $2.79MPaper Labels
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.8Rnk 34 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$71BCURRENT US$
Rnk 80 / 186
2012-2022
Flag
GDP GROWTH24%CURRENT US$
Rnk 113 / 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$18,413CURRENT US$
Rnk 56 / 186
2012-2022
Flag
GDP PC GROWTH37.3%CURRENT US$
Rnk 53 / 186

About

Burkina Faso-Croatia Trade: In 2020, Burkina Faso exported $1.09k to Croatia. The main products that Burkina Faso exported to Croatia were N/A. Over the past 10 years the exports of Burkina Faso to Croatia have decreased at an annualized rate of 7.52%, from $2.38k in 2010 to $1.09k in 2020.

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

Croatia-Burkina Faso Trade: In 2020, Croatia exported $3.64M to Burkina Faso. The main products that Croatia exported to Burkina Faso were Paper Labels ($2.79M), Milk ($367k), and Insulated Wire ($157k). Over the past 10 years the exports of Croatia to Burkina Faso have increased at an annualized rate of 19.2%,  from $1.51M in 2010 to $3.64M in 2020.

In 2020, Croatia 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, Croatia ranked 34 in the Economic Complexity Index (ECI 0.8), and 73 in total exports ($26B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2020, Burkina Faso exported $1.09k to Croatia. There were not main exports from Burkina Faso to Croatia in 2020. During the last 10 years the exports of Burkina Faso to Croatia have decreased at an annualized rate of 7.52%, from $2.38k in 2010 to $1.09k in 2020.

In 2017, Croatia exported $3.64M to Burkina Faso. The main products exported from Croatia to Burkina Faso were Paper Labels ($2.79M), Milk ($367k), and Insulated Wire ($157k). During the last 5 years the exports of Croatia to Burkina Faso have increased at an annualized rate of 19.2%, from $1.51M in 2022 to $3.64M in 2017.

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

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

Latest Data

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

Croatia Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Croatia
Top DestinationItaly$3.44B

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

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

In 2022, countries that imported more from Croatia than Burkina Faso included Italy ($3.44B), Slovenia ($2.87B), and Germany ($2.82B).

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

Comparative Advantage Burkina Faso - Croatia

Flow
Scale

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

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

During 2017, Croatia had a large net trade with Burkina Faso in the exports of Paper Goods ($2.79M), Animal Products ($367k), and Machines ($229k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Croatia+$4.88kGold
Top Product Potential Croatia Burkina Faso+$204kInsulated Wire

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

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

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