Sign In
Pricing

2016
Flag → Flag
Exports $19.5kRnk 27 / 0
2016
Flag → Flag
Exports $1.26MRnk 77 / 127
2016
Flag → Flag
Top Product $1.16MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 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$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Burkina Faso-Iran Trade: In 2016, Burkina Faso exported $19.5k to Iran. The main products that Burkina Faso exported to Iran were N/A. Over the past 18 years the exports of Burkina Faso to Iran have increased at an annualized rate of 15.3%, from $1.51k in 1998 to $19.5k in 2016.

In 2016, Burkina Faso did not export any services to Iran.

Iran-Burkina Faso Trade: In 2016, Iran exported $1.26M to Burkina Faso. The main products that Iran exported to Burkina Faso were Refined Petroleum ($1.16M), Other Furniture ($25.6k), and Concentrated Milk ($24.8k). Over the past 18 years the exports of Iran to Burkina Faso have increased at an annualized rate of 11.7%,  from $725k in 1998 to $1.26M in 2016.

In 2016, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Burkina Faso exported $19.5k to Iran. There were not main exports from Burkina Faso to Iran in 2016. During the last 18 years the exports of Burkina Faso to Iran have increased at an annualized rate of 15.3%, from $1.51k in 1998 to $19.5k in 2016.

In 2017, Iran exported $1.26M to Burkina Faso. The main products exported from Iran to Burkina Faso were Refined Petroleum ($1.16M), Other Furniture ($25.6k), and Concentrated Milk ($24.8k). During the last 5 years the exports of Iran to Burkina Faso have increased at an annualized rate of 11.7%, from $725k in 2022 to $1.26M in 2017.

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

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

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Iran
Top DestinationChina$5.72B

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

In 2022, countries that imported more from Burkina Faso than Iran included Switzerland ($6.08B), Mali ($304M), and Singapore ($173M).

In 2022, countries that imported more from Iran than Burkina Faso included China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Burkina Faso - Iran

Flow
Scale

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

During 2016, Burkina Faso had a large net trade with Iran in the exports of .

During 2017, Iran had a large net trade with Burkina Faso in the exports of Mineral Products ($1.16M), Miscellaneous ($25.6k), and Animal Products ($24.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Iran+$3.66kSoybeans
Top Product Potential Iran Burkina Faso+$950kRefined 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Burkina Faso and Iran. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Burkina Faso.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms