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2022
Flag → Flag
Exports $23.2kRnk 95 / 131
2022
Flag → Flag
Top Product $20.7kTropical Fruits
2022
Flag → Flag
Exports $18.9MRnk 94 / 209
2022
Flag → Flag
Top Product $16.6MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 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$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Burkina Faso-Norway Trade: In 2022, Burkina Faso exported $23.2k to Norway. The main products that Burkina Faso exported to Norway were Tropical Fruits ($20.7k), Grapes ($1.41k), and Citrus ($512). Over the past 5 years the exports of Burkina Faso to Norway have decreased at an annualized rate of 32.9%, from $171k in 2017 to $23.2k in 2022.

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

Norway-Burkina Faso Trade: In 2022, Norway exported $18.9M to Burkina Faso. The main products that Norway exported to Burkina Faso were Refined Petroleum ($16.6M), Nitrites and Nitrates ($916k), and Prepared Explosives ($361k). Over the past 5 years the exports of Norway to Burkina Faso have increased at an annualized rate of 22.1%,  from $6.96M in 2017 to $18.9M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $23.2k to Norway. The main products exported from Burkina Faso to Norway were Tropical Fruits ($20.7k), Grapes ($1.41k), and Citrus ($512). During the last 5 years the exports of Burkina Faso to Norway have decreased at an annualized rate of 32.9%, from $171k in 2017 to $23.2k in 2022.

In 2017, Norway exported $18.9M to Burkina Faso. The main products exported from Norway to Burkina Faso were Refined Petroleum ($16.6M), Nitrites and Nitrates ($916k), and Prepared Explosives ($361k). During the last 5 years the exports of Norway to Burkina Faso have increased at an annualized rate of 22.1%, from $6.96M in 2022 to $18.9M in 2017.

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

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

Latest Data

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

Norway Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Norway
Top DestinationGermany$78.1B

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

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

In 2022, countries that imported more from Norway than Burkina Faso included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Burkina Faso - Norway

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Norway in the exports of Vegetable Products ($22.8k), Machines ($291), and Animal Hides ($141).

During 2017, Norway had a large net trade with Burkina Faso in the exports of Mineral Products ($16.6M), Chemical Products ($1.38M), and Paper Goods ($280k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Norway+$74.9kTropical Fruits
Top Product Potential Norway Burkina Faso+$5.37MRefined 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 Norway. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Burkina Faso.

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

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