Burkina Faso (BFA) and Laos (LAO) Trade | The Observatory of Economic Complexity

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In N/A, Burkina Faso did not export any services to Laos.

Laos-Burkina Faso Trade: In N/A, Laos exported $35.7k to Burkina Faso. The main products that Laos exported to Burkina Faso were Broadcasting Equipment ($17.3k), Video Displays ($17.1k), and Microphones and Headphones ($1.25k). Over the past N/A years the exports of Laos to Burkina Faso have increased at an annualized rate of 31.2%, from $9.17k in N/A to $35.7k in N/A.

In N/A, Laos 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, Laos ranked 100 in the Economic Complexity Index (ECI -0.79), and 106 in total exports ($9.36B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Burkina Faso does not register exports to Laos.

In 2017, Laos exported $35.7k to Burkina Faso. The main products exported from Laos to Burkina Faso were Broadcasting Equipment ($17.3k), Video Displays ($17.1k), and Microphones and Headphones ($1.25k). During the last 5 years the exports of Laos to Burkina Faso have increased at an annualized rate of 31.2%, from $9.17k in 2022 to $35.7k in 2017.

Exports from Burkina Faso () to Laos () (2022)

Exports from Laos () to Burkina Faso () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burkina Faso
Top DestinationSwitzerland$6.08B

Laos
Top DestinationThailand$3.29B

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

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

In 2022, countries that imported more from Laos than Burkina Faso included Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

Difference in imports from Laos () and Burkina Faso () (2022)

Comparative Advantage Burkina Faso - Laos

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2017, Laos had a large net trade with Burkina Faso in the exports of Machines ($35.7k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Burkina Faso Laos+$4.46kGold

Top Product Potential Laos Burkina Faso+$81.4kTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Burkina Faso () to Laos () (2022)

Exports from Laos () to Burkina Faso () (2022)

Market Competitiveness

Difference in imports from Laos () and Burkina Faso () (2022)

Comparative Advantage Burkina Faso - Laos

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burkina Faso () and Laos () (2022)

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