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2022
Flag → Flag
Exports $70.3kRnk 46 / 0
2022
Flag → Flag
Exports $1.02MRnk 20 / 82
2022
Flag → Flag
Top Product $654kCars
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $883CURRENT US$
Rnk 182 / 195
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Burkina Faso-North Korea Trade: In 2022, Burkina Faso exported $70.3k to North Korea. The main products that Burkina Faso exported to North Korea were N/A. Over the past 9 years the exports of Burkina Faso to North Korea have increased at an annualized rate of 41.8%, from $3.03k in 2013 to $70.3k in 2022.

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

North Korea-Burkina Faso Trade: In 2022, North Korea exported $1.02M to Burkina Faso. The main products that North Korea exported to Burkina Faso were Cars ($654k), Detonating Fuses ($139k), and Other Nitrogen Compounds ($88.7k). Over the past 9 years the exports of North Korea to Burkina Faso have decreased at an annualized rate of 25.7%,  from $4.48M in 2013 to $1.02M in 2022.

In 2022, North Korea 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, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $70.3k to North Korea. There were not main exports from Burkina Faso to North Korea in 2022. During the last 9 years the exports of Burkina Faso to North Korea have increased at an annualized rate of 41.8%, from $3.03k in 2013 to $70.3k in 2022.

In 2018, North Korea exported $1.02M to Burkina Faso. The main products exported from North Korea to Burkina Faso were Cars ($654k), Detonating Fuses ($139k), and Other Nitrogen Compounds ($88.7k). During the last 5 years the exports of North Korea to Burkina Faso have decreased at an annualized rate of 25.7%, from $4.48M in 2023 to $1.02M in 2018.

Exports from Burkina Faso (Flag) to North Korea (Flag) (2023)

Exports from North Korea (Flag) to Burkina Faso (Flag) (2023)

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
North Korea
Top DestinationChina$292M

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

In 2023, countries that imported more from Burkina Faso than North Korea included Switzerland ($6B), United Arab Emirates ($815M), and India ($271M).

In 2023, countries that imported more from North Korea than Burkina Faso included China ($292M), Angola ($10.2M), and Poland ($10.3M).

Difference in imports from North Korea (Flag) and Burkina Faso (Flag) (2023)

Comparative Advantage Burkina Faso - North Korea

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with North Korea in the exports of .

During 2018, North Korea had a large net trade with Burkina Faso in the exports of Transportation ($700k), Chemical Products ($275k), and Mineral Products ($34.7k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Burkina Faso and North Korea. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Burkina Faso.

Product Space of Burkina Faso (Flag) and North Korea (Flag) (2023)

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