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2023
Flag → Flag
Exports $156Rnk 118 / 125
2023
Flag → Flag
Top Product $92Other Rubber Products
2023
Flag → Flag
Exports $420Rnk 169 / 180
2023
Flag → Flag
Top Product $330Interchangeable Tool Parts
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.74Rnk 98 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP$12.4BCURRENT US$
Rnk 145 / 195
2013-2023
Flag
GDP GROWTH2.56%CURRENT US$
Rnk 167 / 195
2023
Flag
GDP PC $883CURRENT US$
Rnk 182 / 195
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195
2023
Flag
GDP PC$4,168CURRENT US$
Rnk 129 / 196
2013-2023
Flag
GDP PC GROWTH-22%CURRENT US$
Rnk 180 / 195

About

Burkina Faso-Namibia Trade: In 2023, Burkina Faso exported $156 to Namibia. The main products that Burkina Faso exported to Namibia were Other Rubber Products ($92) and Excavation Machinery ($64). Over the past 7 years the exports of Burkina Faso to Namibia have increased at an annualized rate of 63.5%, from $5 in 2016 to $156 in 2023.

In 2023, Burkina Faso did not export any services to Namibia.

Namibia-Burkina Faso Trade: In 2023, Namibia exported $420 to Burkina Faso. The main products that Namibia exported to Burkina Faso were Interchangeable Tool Parts ($330), Other toys ($87), and Other Mineral ($3). Over the past 7 years the exports of Namibia to Burkina Faso have decreased at an annualized rate of 58%,  from $32.3k in 2016 to $420 in 2023.

In 2023, Namibia did not export any services to Burkina Faso.

Comparison: In 2023,  Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B). That same year, Namibia ranked 98 in the Economic Complexity Index (ECI -0.74), and 124 in total exports ($6.28B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $156 to Namibia. The main products exported from Burkina Faso to Namibia were Other Rubber Products ($92) and Excavation Machinery ($64). During the last 7 years the exports of Burkina Faso to Namibia have increased at an annualized rate of 63.5%, from $5 in 2016 to $156 in 2023.

In 2018, Namibia exported $420 to Burkina Faso. The main products exported from Namibia to Burkina Faso were Interchangeable Tool Parts ($330), Other toys ($87), and Other Mineral ($3). During the last 5 years the exports of Namibia to Burkina Faso have decreased at an annualized rate of 58%, from $32.3k in 2023 to $420 in 2018.

Exports from Burkina Faso (Flag) to Namibia (Flag) (2023)

Exports from Namibia (Flag) to Burkina Faso (Flag) (2023)

Latest Data

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

Namibia Exports

Date

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
Namibia
Top DestinationSouth Africa$1.71B

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

In 2023, countries that imported more from Burkina Faso than Namibia included Switzerland ($6B), United Arab Emirates ($815M), and Mali ($268M).

In 2023, countries that imported more from Namibia than Burkina Faso included South Africa ($1.71B), China ($752M), and Botswana ($504M).

Difference in imports from Namibia (Flag) and Burkina Faso (Flag) (2023)

Comparative Advantage Burkina Faso - Namibia

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with Namibia in the exports of Plastics and Rubbers ($92) and Machines ($64).

During 2018, Namibia had a large net trade with Burkina Faso in the exports of Metals ($330), Miscellaneous ($87), and Mineral Products ($3).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Namibia+$33.4kExcavation Machinery
Top Product Potential Namibia Burkina Faso+$18.9kExcavation Machinery

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

Product Space of Burkina Faso (Flag) and Namibia (Flag) (2023)

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