GDP$18.9BCURRENT US$Rnk 119 / 186 GDP GROWTH50.3%CURRENT US$Rnk 59 / 186
GDP$30.6BCURRENT US$Rnk 102 / 186 GDP GROWTH43.9%CURRENT US$Rnk 78 / 186 GDP PC $833CURRENT US$Rnk 174 / 186GDP PC GROWTH13.5%CURRENT US$Rnk 102 / 186GDP PC$3,020CURRENT US$Rnk 133 / 186GDP PC GROWTH13.8%CURRENT US$Rnk 100 / 186In N/A, Burkina Faso did not export any services to Papua New Guinea.
Papua New Guinea-Burkina Faso In N/A, Papua New Guinea did not export any products to Burkina Faso.
In N/A, Papua New Guinea 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, Papua New Guinea ranked 125 in the Economic Complexity Index (ECI -1.53), and 87 in total exports ($15.4B).
Burkina Faso does not register exports to Papua New Guinea.
Papua New Guinea does not register exports to Burkina Faso.
) to Papua New Guinea () (2016)) to Burkina Faso () (2016)This map shows whether countries import more from Burkina Faso or Papua New Guinea. Each country is colored based on the difference in imports they receive from Burkina Faso and Papua New Guinea or the difference in the growth in imports.
In 2022, countries that imported more from Burkina Faso than Papua New Guinea included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).
In 2022, countries that imported more from Papua New Guinea than Burkina Faso included Japan ($4.03B), China ($3.44B), and Australia ($1.74B).
) and Burkina Faso () (2022)This chart compares trade between Burkina Faso and Papua New Guinea by product, considering products traded by both, Burkina Faso and Papua New Guinea.
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.
This visualization shows the product space at the HS4 level with the flags of Burkina Faso and Papua New Guinea. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over Papua New Guinea. Similarly, a dot/product with the flag of Papua New Guinea indicates it has a comparative advantage over Burkina Faso.
) and Papua New Guinea () (2016)
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