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Pricing

2022
Flag → Flag
Exports $4.88MRnk 31 / 131
2022
Flag → Flag
Top Product $4.75MOther Pure Vegetable Oils
2022
Flag → Flag
Exports $12.9MRnk 148 / 218
2022
Flag → Flag
Top Product $2.53MHot-Rolled Iron Bars
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$406BCURRENT US$
Rnk 36 / 186
2012-2022
Flag
GDP GROWTH29.2%CURRENT US$
Rnk 102 / 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$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Burkina Faso-Malaysia Trade: In 2022, Burkina Faso exported $4.88M to Malaysia. The main products that Burkina Faso exported to Malaysia were Other Pure Vegetable Oils ($4.75M), Raw Cotton ($67.6k), and Plastic Lids ($66k). Over the past 5 years the exports of Burkina Faso to Malaysia have increased at an annualized rate of 0.51%, from $4.76M in 2017 to $4.88M in 2022.

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

Malaysia-Burkina Faso Trade: In 2022, Malaysia exported $12.9M to Burkina Faso. The main products that Malaysia exported to Burkina Faso were Hot-Rolled Iron Bars ($2.53M), Rubber Apparel ($2.1M), and Palm Oil ($1.58M). Over the past 5 years the exports of Malaysia to Burkina Faso have decreased at an annualized rate of 4.65%,  from $16.4M in 2017 to $12.9M in 2022.

In 2022, Malaysia 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, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $4.88M to Malaysia. The main products exported from Burkina Faso to Malaysia were Other Pure Vegetable Oils ($4.75M), Raw Cotton ($67.6k), and Plastic Lids ($66k). During the last 5 years the exports of Burkina Faso to Malaysia have increased at an annualized rate of 0.51%, from $4.76M in 2017 to $4.88M in 2022.

In 2017, Malaysia exported $12.9M to Burkina Faso. The main products exported from Malaysia to Burkina Faso were Hot-Rolled Iron Bars ($2.53M), Rubber Apparel ($2.1M), and Palm Oil ($1.58M). During the last 5 years the exports of Malaysia to Burkina Faso have decreased at an annualized rate of 4.65%, from $16.4M in 2022 to $12.9M in 2017.

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

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

Latest Data

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

Burkina Faso Exports

Malaysia Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Malaysia
Top DestinationSingapore$53.8B

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

In 2022, countries that imported more from Burkina Faso than Malaysia included Switzerland ($6.08B), Mali ($304M), and Niger ($32.6M).

In 2022, countries that imported more from Malaysia than Burkina Faso included Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Burkina Faso - Malaysia

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Malaysia in the exports of Animal and Vegetable Bi-Products ($4.75M), Textiles ($67.6k), and Plastics and Rubbers ($66k).

During 2017, Malaysia had a large net trade with Burkina Faso in the exports of Metals ($2.62M), Plastics and Rubbers ($2.6M), and Animal and Vegetable Bi-Products ($1.98M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Malaysia+$334kRaw Cotton
Top Product Potential Malaysia Burkina Faso+$3.03MRefined 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.

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

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

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