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2023
Flag → Flag
Exports $409kRnk 55 / 125
2023
Flag → Flag
Top Product $409kGold
2023
Flag → Flag
Exports $11.3kRnk 79 / 110
2023
Flag → Flag
Top Product $11.3kLow-voltage Protection Equipment
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$14.1BCURRENT US$
Rnk 140 / 195
2013-2023
Flag
GDP GROWTH80.3%CURRENT US$
Rnk 31 / 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$1,010CURRENT US$
Rnk 176 / 196
2013-2023
Flag
GDP PC GROWTH43.3%CURRENT US$
Rnk 55 / 195

About

Burkina Faso-Rwanda Trade: In 2023, Burkina Faso exported $409k to Rwanda. The main products that Burkina Faso exported to Rwanda were Gold ($409k). Over the past 5 years the exports of Burkina Faso to Rwanda have increased at an annualized rate of 68.7%, from $29.9k in 2018 to $409k in 2023.

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

Rwanda-Burkina Faso Trade: In 2023, Rwanda exported $11.3k to Burkina Faso. The main products that Rwanda exported to Burkina Faso were Low-voltage Protection Equipment ($11.3k). Over the past 5 years the exports of Rwanda to Burkina Faso have increased at an annualized rate of 13.9%,  from $5.89k in 2018 to $11.3k in 2023.

In 2023, Rwanda 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, Rwanda ranked 154 in total exports ($1.35B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $409k to Rwanda. The main products exported from Burkina Faso to Rwanda were Gold ($409k). During the last 5 years the exports of Burkina Faso to Rwanda have increased at an annualized rate of 68.7%, from $29.9k in 2018 to $409k in 2023.

In 2018, Rwanda exported $11.3k to Burkina Faso. The main products exported from Rwanda to Burkina Faso were Low-voltage Protection Equipment ($11.3k). During the last 5 years the exports of Rwanda to Burkina Faso have increased at an annualized rate of 13.9%, from $5.89k in 2023 to $11.3k in 2018.

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

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

Latest Data

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

Burkina Faso Exports

Rwanda Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
Rwanda
Top DestinationUnited Arab Emirates$895M

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

In 2023, countries that imported more from Burkina Faso than Rwanda included Switzerland ($6B), Mali ($268M), and India ($271M).

In 2023, countries that imported more from Rwanda than Burkina Faso included United Arab Emirates ($895M), China ($131M), and Kenya ($34.5M).

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

Comparative Advantage Burkina Faso - Rwanda

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with Rwanda in the exports of Precious Metals ($409k).

During 2018, Rwanda had a large net trade with Burkina Faso in the exports of Machines ($11.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Rwanda+$2.76kGold
Top Product Potential Rwanda Burkina Faso+$1.5kMalt Extract

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

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

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