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2023
Flag → Flag
Exports $28.1MRnk 15 / 125
2023
Flag → Flag
Top Product $11.4MRaw Cotton
2023
Flag → Flag
Exports $99.7MRnk 129 / 216
2023
Flag → Flag
Top Product $17.3MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.62Rnk 41 / 132
2023
Flag  
GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP$1.12TCURRENT US$
Rnk 18 / 195
2013-2023
Flag
GDP GROWTH16.8%CURRENT US$
Rnk 149 / 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$13,106CURRENT US$
Rnk 77 / 196
2013-2023
Flag
GDP PC GROWTH4.19%CURRENT US$
Rnk 147 / 195

About

Burkina Faso-Turkey Trade: In 2023, Burkina Faso exported $28.1M to Turkey. The main products that Burkina Faso exported to Turkey were Raw Cotton ($11.4M), Planes, Helicopters, and/or Spacecraft ($4.93M), and Refined Petroleum ($4.79M). Over the past 5 years the exports of Burkina Faso to Turkey have increased at an annualized rate of 16.7%, from $13M in 2018 to $28.1M in 2023.

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

Turkey-Burkina Faso Trade: In 2023, Turkey exported $99.7M to Burkina Faso. The main products that Turkey exported to Burkina Faso were Refined Petroleum ($17.3M), Insulated Wire ($8.78M), and Pasta ($5.01M). Over the past 5 years the exports of Turkey to Burkina Faso have increased at an annualized rate of 13.1%,  from $53.9M in 2018 to $99.7M in 2023.

In 2023, Turkey 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, Turkey ranked 41 in the Economic Complexity Index (ECI 0.62), and 28 in total exports ($272B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $28.1M to Turkey. The main products exported from Burkina Faso to Turkey were Raw Cotton ($11.4M), Planes, Helicopters, and/or Spacecraft ($4.93M), and Refined Petroleum ($4.79M). During the last 5 years the exports of Burkina Faso to Turkey have increased at an annualized rate of 16.7%, from $13M in 2018 to $28.1M in 2023.

In 2018, Turkey exported $99.7M to Burkina Faso. The main products exported from Turkey to Burkina Faso were Refined Petroleum ($17.3M), Insulated Wire ($8.78M), and Pasta ($5.01M). During the last 5 years the exports of Turkey to Burkina Faso have increased at an annualized rate of 13.1%, from $53.9M in 2023 to $99.7M in 2018.

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

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

Latest Data

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

Burkina Faso Exports

Turkey Exports

Market Competitiveness

Color
Burkina Faso
Top DestinationSwitzerland$6B
Turkey
Top DestinationGermany$24.7B

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

In 2023, countries that imported more from Burkina Faso than Turkey included Switzerland ($6B), Mali ($268M), and Uganda ($109M).

In 2023, countries that imported more from Turkey than Burkina Faso included Germany ($24.7B), United States ($15.9B), and United Kingdom ($15.1B).

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

Comparative Advantage Burkina Faso - Turkey

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with Turkey in the exports of Textiles ($11.5M), Vegetable Products ($6.4M), and Transportation ($4.96M).

During 2018, Turkey had a large net trade with Burkina Faso in the exports of Machines ($28.1M), Mineral Products ($21.6M), and Metals ($12.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso Turkey+$16.6MRaw Cotton
Top Product Potential Turkey Burkina Faso+$3.84MRefined Petroleum

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

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

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