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Pricing

2023
Flag → Flag
Exports $147kRnk 68 / 125
2023
Flag → Flag
Top Product $86.5kOther Furniture
2023
Flag → Flag
Exports $747kRnk 140 / 201
2023
Flag → Flag
Top Product $136kOffice Machine Parts
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.64Rnk 40 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP$437BCURRENT US$
Rnk 33 / 195
2013-2023
Flag
GDP GROWTH54%CURRENT US$
Rnk 67 / 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$3,805CURRENT US$
Rnk 133 / 196
2013-2023
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 65 / 195

About

Burkina Faso-Philippines Trade: In 2023, Burkina Faso exported $147k to Philippines. The main products that Burkina Faso exported to Philippines were Other Furniture ($86.5k), Broadcasting Equipment ($24.1k), and Other Pure Vegetable Oils ($12.8k). Over the past 5 years the exports of Burkina Faso to Philippines have increased at an annualized rate of 50%, from $19.4k in 2018 to $147k in 2023.

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

Philippines-Burkina Faso Trade: In 2023, Philippines exported $747k to Burkina Faso. The main products that Philippines exported to Burkina Faso were Office Machine Parts ($136k), Activated Carbon ($130k), and Centrifuges ($122k). Over the past 5 years the exports of Philippines to Burkina Faso have decreased at an annualized rate of 7.65%,  from $1.11M in 2018 to $747k in 2023.

In 2023, Philippines 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, Philippines ranked 40 in the Economic Complexity Index (ECI 0.64), and 42 in total exports ($101B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $147k to Philippines. The main products exported from Burkina Faso to Philippines were Other Furniture ($86.5k), Broadcasting Equipment ($24.1k), and Other Pure Vegetable Oils ($12.8k). During the last 5 years the exports of Burkina Faso to Philippines have increased at an annualized rate of 50%, from $19.4k in 2018 to $147k in 2023.

In 2018, Philippines exported $747k to Burkina Faso. The main products exported from Philippines to Burkina Faso were Office Machine Parts ($136k), Activated Carbon ($130k), and Centrifuges ($122k). During the last 5 years the exports of Philippines to Burkina Faso have decreased at an annualized rate of 7.65%, from $1.11M in 2023 to $747k in 2018.

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

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

Latest Data

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

Philippines Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
Philippines
Top DestinationChina$19B

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

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

In 2023, countries that imported more from Philippines than Burkina Faso included China ($19B), United States ($13.3B), and Hong Kong ($11.7B).

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

Comparative Advantage Burkina Faso - Philippines

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with Philippines in the exports of Miscellaneous ($86.5k), Machines ($43.6k), and Animal and Vegetable Bi-Products ($12.8k).

During 2018, Philippines had a large net trade with Burkina Faso in the exports of Machines ($573k), Chemical Products ($130k), and Vegetable Products ($30.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Philippines+$13.4kTelephones
Top Product Potential Philippines Burkina Faso+$297kElectrical Transformers

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

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

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