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2022
Flag → Flag
Exports $226kRnk 68 / 131
2022
Flag → Flag
Top Product $223kTanned Sheep Hides
2022
Flag → Flag
Exports $372kRnk 141 / 171
2022
Flag → Flag
Top Product $173kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
Flag  
GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP GROWTH31.2%CURRENT US$
Rnk 97 / 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$25,057CURRENT US$
Rnk 43 / 186
2012-2022
Flag
GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186

About

Burkina Faso-Oman Trade: In 2022, Burkina Faso exported $226k to Oman. The main products that Burkina Faso exported to Oman were Tanned Sheep Hides ($223k) and Casting Machines ($2.23k). Over the past 21 years the exports of Burkina Faso to Oman have increased at an annualized rate of 5.75%, from $69.7k in 2001 to $226k in 2022.

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

Oman-Burkina Faso Trade: In 2022, Oman exported $372k to Burkina Faso. The main products that Oman exported to Burkina Faso were Packaged Medicaments ($173k), Concentrated Milk ($111k), and Gas and Liquid Flow Measuring Instruments ($66k). Over the past 21 years the exports of Oman to Burkina Faso have increased at an annualized rate of 78.7%,  from $20.4k in 2001 to $372k in 2022.

In 2022, Oman 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, Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $226k to Oman. The main products exported from Burkina Faso to Oman were Tanned Sheep Hides ($223k) and Casting Machines ($2.23k). During the last 21 years the exports of Burkina Faso to Oman have increased at an annualized rate of 5.75%, from $69.7k in 2001 to $226k in 2022.

In 2017, Oman exported $372k to Burkina Faso. The main products exported from Oman to Burkina Faso were Packaged Medicaments ($173k), Concentrated Milk ($111k), and Gas and Liquid Flow Measuring Instruments ($66k). During the last 5 years the exports of Oman to Burkina Faso have increased at an annualized rate of 78.7%, from $20.4k in 2022 to $372k in 2017.

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

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

Latest Data

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

Oman Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6.08B
Oman
Top DestinationChina$30.4B

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

In 2022, countries that imported more from Burkina Faso than Oman included Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

In 2022, countries that imported more from Oman than Burkina Faso included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

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

Comparative Advantage Burkina Faso - Oman

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with Oman in the exports of Animal Hides ($223k) and Machines ($2.23k).

During 2017, Oman had a large net trade with Burkina Faso in the exports of Chemical Products ($173k), Animal Products ($111k), and Instruments ($74.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Oman+$6.88kGold
Top Product Potential Oman Burkina Faso+$162kPackaged Medicaments

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

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

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