GDP$18.9BCURRENT US$Rnk 119 / 186 GDP GROWTH50.3%CURRENT US$Rnk 59 / 186
GDP$264BCURRENT US$Rnk 48 / 186 GDP GROWTH21.2%CURRENT US$Rnk 118 / 186 GDP PC $833CURRENT US$Rnk 174 / 186GDP PC GROWTH13.5%CURRENT US$Rnk 102 / 186GDP PC$5,937CURRENT US$Rnk 104 / 186GDP PC GROWTH-7.77%CURRENT US$Rnk 158 / 186In N/A, Burkina Faso did not export any services to Iraq.
Iraq-Burkina Faso In N/A, Iraq did not export any products to Burkina Faso.
In N/A, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).
Burkina Faso does not register exports to Iraq. The main products exported from Burkina Faso to Iraq were Other Cloth Articles ($371), Other Furniture ($357), and Iron Stovetops ($188).
Iraq does not register exports to Burkina Faso.
) to Iraq () (2022)) to Burkina Faso () (2022)This map shows whether countries import more from Burkina Faso or Iraq. Each country is colored based on the difference in imports they receive from Burkina Faso and Iraq or the difference in the growth in imports.
In 2022, countries that imported more from Burkina Faso than Iraq included Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).
In 2022, countries that imported more from Iraq than Burkina Faso included India ($38.8B), China ($34B), and United States ($10.3B).
) and Burkina Faso () (2022)This chart compares trade between Burkina Faso and Iraq by product, considering products traded by both, Burkina Faso and Iraq.
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.
This visualization shows the product space at the HS4 level with the flags of Burkina Faso and Iraq. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Iraq. Similarly, a dot/product with the flag of Iraq indicates it has a comparative advantage over Burkina Faso.
) and Iraq () (2022)
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