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2022
Flag → Flag
Exports $711Rnk 120 / 131
2022
Flag → Flag
Top Product $374Tropical Fruits
2022
Flag → Flag
Exports $56.3MRnk 25 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$6.1BCURRENT US$
Rnk 151 / 186
2012-2022
Flag
GDP GROWTH49.1%CURRENT US$
Rnk 65 / 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$9,894CURRENT US$
Rnk 79 / 186
2012-2022
Flag
GDP PC GROWTH50.2%CURRENT US$
Rnk 35 / 186

About

Burkina Faso-Montenegro Trade: In 2022, Burkina Faso exported $711 to Montenegro. The main products that Burkina Faso exported to Montenegro were Tropical Fruits ($374), Wood Crates ($315), and Essential Oils ($22). Over the past 7 years the exports of Burkina Faso to Montenegro have increased at an annualized rate of 16.6%, from $242 in 2015 to $711 in 2022.

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

Montenegro-Burkina Faso In N/A, Montenegro did not export any products to Burkina Faso.

In 2022, Montenegro 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, Montenegro ranked 154 in total exports ($1.32B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $711 to Montenegro. The main products exported from Burkina Faso to Montenegro were Tropical Fruits ($374), Wood Crates ($315), and Essential Oils ($22). During the last 7 years the exports of Burkina Faso to Montenegro have increased at an annualized rate of 16.6%, from $242 in 2015 to $711 in 2022.

Montenegro does not register exports to Burkina Faso.

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

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

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Montenegro
Top DestinationSouth Korea$321M

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

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

In 2022, countries that imported more from Montenegro than Burkina Faso included South Korea ($321M), Serbia ($159M), and Italy ($125M).

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

Comparative Advantage Burkina Faso - Montenegro

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Montenegro in the exports of Vegetable Products ($374), Wood Products ($315), and Chemical Products ($22).

Economic Complexity

Competitive Landscape

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

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

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