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2023
Flag → Flag
Exports $28.5MRnk 14 / 125
2023
Flag → Flag
Top Product $11.8MCoconuts, Brazil Nuts, and Cashews
2023
Flag → Flag
Exports $159MRnk 103 / 224
2023
Flag → Flag
Top Product $103MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.08Rnk 26 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP$1.15TCURRENT US$
Rnk 17 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 114 / 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$64,572CURRENT US$
Rnk 17 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 96 / 195

About

Burkina Faso-Netherlands Trade: In 2023, Burkina Faso exported $28.5M to Netherlands. The main products that Burkina Faso exported to Netherlands were Coconuts, Brazil Nuts, and Cashews ($11.8M), Other Pure Vegetable Oils ($6.7M), and Tropical Fruits ($5.86M). Over the past 5 years the exports of Burkina Faso to Netherlands have increased at an annualized rate of 2.19%, from $25.6M in 2018 to $28.5M in 2023.

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

Netherlands-Burkina Faso Trade: In 2023, Netherlands exported $159M to Burkina Faso. The main products that Netherlands exported to Burkina Faso were Refined Petroleum ($103M), Excavation Machinery ($6.54M), and Concentrated Milk ($5.24M). Over the past 5 years the exports of Netherlands to Burkina Faso have increased at an annualized rate of 2.78%,  from $139M in 2018 to $159M in 2023.

In 2023, Netherlands 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, Netherlands ranked 26 in the Economic Complexity Index (ECI 1.08), and 9 in total exports ($599B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $28.5M to Netherlands. The main products exported from Burkina Faso to Netherlands were Coconuts, Brazil Nuts, and Cashews ($11.8M), Other Pure Vegetable Oils ($6.7M), and Tropical Fruits ($5.86M). During the last 5 years the exports of Burkina Faso to Netherlands have increased at an annualized rate of 2.19%, from $25.6M in 2018 to $28.5M in 2023.

In 2018, Netherlands exported $159M to Burkina Faso. The main products exported from Netherlands to Burkina Faso were Refined Petroleum ($103M), Excavation Machinery ($6.54M), and Concentrated Milk ($5.24M). During the last 5 years the exports of Netherlands to Burkina Faso have increased at an annualized rate of 2.78%, from $139M in 2023 to $159M in 2018.

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

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

Latest Data

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

Burkina Faso Exports

Netherlands Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
Netherlands
Top DestinationGermany$96.9B

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

In 2023, countries that imported more from Burkina Faso than Netherlands included Mali ($268M).

In 2023, countries that imported more from Netherlands than Burkina Faso included Germany ($96.9B), Belgium ($87B), and France ($67.3B).

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

Comparative Advantage Burkina Faso - Netherlands

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with Netherlands in the exports of Vegetable Products ($18.2M), Animal and Vegetable Bi-Products ($6.95M), and Textiles ($1.86M).

During 2018, Netherlands had a large net trade with Burkina Faso in the exports of Mineral Products ($103M), Machines ($18.7M), and Animal Products ($9.93M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Netherlands+$2.98MCoconuts, Brazil Nuts, and Cashews
Top Product Potential Netherlands Burkina Faso+$25.8MRefined 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 Netherlands. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Netherlands. Similarly, a dot/product with the flag of Netherlands indicates it has a comparative advantage over Burkina Faso.

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

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