Burkina Faso (BFA) and Oman (OMN) Trade | The Observatory of Economic Complexity

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Burkina Faso-Oman Trade: In 2022, Burkina Faso exported $224k to Oman. The main products that Burkina Faso exported to Oman were N/A. Over the past 21 years the exports of Burkina Faso to Oman have increased at an annualized rate of 5.56%, from $71.8k in 2001 to $224k in 2022.

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

Oman-Burkina Faso Trade: In 2022, Oman exported $295k to Burkina Faso. The main products that Oman exported to Burkina Faso were Packaged Medicaments ($221k), Other Iron Products ($58.1k), and Propylene Polymers ($14k). Over the past 21 years the exports of Oman to Burkina Faso have increased at an annualized rate of 16.8%, from $136k in 2001 to $295k in 2022.

In 2022, Oman 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, Oman ranked 76 in the Economic Complexity Index (ECI -0.32), and 48 in total exports ($70.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Burkina Faso exported $224k to Oman. There were not main exports from Burkina Faso to Oman in 2022. During the last 21 years the exports of Burkina Faso to Oman have increased at an annualized rate of 5.56%, from $71.8k in 2001 to $224k in 2022.

In 2018, Oman exported $295k to Burkina Faso. The main products exported from Oman to Burkina Faso were Packaged Medicaments ($221k), Other Iron Products ($58.1k), and Propylene Polymers ($14k). During the last 5 years the exports of Oman to Burkina Faso have increased at an annualized rate of 16.8%, from $136k in 2023 to $295k in 2018.

Exports from Burkina Faso () to Oman () (2023)

Exports from Oman () to Burkina Faso () (2023)

Latest Data

Trade between Burkina Faso () and Oman ()

Oman Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Burkina Faso
Top DestinationSwitzerland$6B

Oman
Top DestinationChina$30.2B

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 2023, countries that imported more from Burkina Faso than Oman included Switzerland ($6B), Mali ($268M), and Cote d'Ivoire ($136M).

In 2023, countries that imported more from Oman than Burkina Faso included China ($30.2B), India ($4.5B), and Saudi Arabia ($3.64B).

Difference in imports from Oman () and Burkina Faso () (2023)

Comparative Advantage Burkina Faso - Oman

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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 .

During 2018, Oman had a large net trade with Burkina Faso in the exports of Chemical Products ($221k), Metals ($58.1k), and Plastics and Rubbers ($14k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

Exports from Burkina Faso () to Oman () (2023)

Exports from Oman () to Burkina Faso () (2023)

Latest Data

Trade between Burkina Faso () and Oman ()

Oman Exports

Market Competitiveness

Difference in imports from Oman () and Burkina Faso () (2023)

Comparative Advantage Burkina Faso - Oman

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Burkina Faso () and Oman () (2023)

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