2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP
$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH
0%CURRENT US$
Rnk 165 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC
$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH
0%CURRENT US$
Rnk 143 / 186

About

In N/A, Burkina Faso did not export any services to Somalia.

Somalia-Burkina Faso In N/A, Somalia did not export any products to Burkina Faso.

In N/A, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Burkina Faso does not register exports to Somalia.

Somalia does not register exports to Burkina Faso.

Exports from Burkina Faso (Flag) to Somalia (Flag) (2021)

Exports from Somalia (Flag) to Burkina Faso (Flag) (2021)

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6.08B
Somalia
Top Destination
United Arab Emirates$283M

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

In 2022, countries that imported more from Burkina Faso than Somalia included Switzerland ($6.08B), Mali ($304M), and United Arab Emirates ($538M).

In 2022, countries that imported more from Somalia than Burkina Faso included Oman ($173M), Bulgaria ($18.5M), and Kuwait ($13.5M).

Difference in imports from Somalia (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - Somalia

Flow
Scale

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Somalia+$1.7kRolled Tobacco
Top Product Potential Somalia Burkina Faso+$1.19kNon-fillet Frozen Fish

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

Product Space of Burkina Faso (Flag) and Somalia (Flag) (2021)

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