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Pricing

2023
Flag → Flag
Exports $410kRnk 124 / 138
2023
Flag → Flag
Top Product $151kVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $403MRnk 62 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.03Rnk 113 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$437BCURRENT US$
Rnk 32 / 195
2013-2023
Flag
GDP GROWTH192%CURRENT US$
Rnk 3 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $2,551CURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP PC GROWTH166%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Bangladesh-Burkina Faso Trade: In 2023, Bangladesh exported $410k to Burkina Faso. The main products that Bangladesh exported to Burkina Faso were Vaccines, blood, antisera, toxins and cultures ($151k), Other Edible Preparations ($69.3k), and Bicycles, delivery tricycles, other cycles ($22.6k). Over the past 5 years the exports of Bangladesh to Burkina Faso have decreased at an annualized rate of 14.7%, from $910k in 2018 to $410k in 2023.

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

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

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

Comparison: In 2023,  Bangladesh ranked 113 in the Economic Complexity Index (ECI -1.03), and 55 in total exports ($54.5B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Bangladesh exported $410k to Burkina Faso. The main products exported from Bangladesh to Burkina Faso were Vaccines, blood, antisera, toxins and cultures ($151k), Other Edible Preparations ($69.3k), and Bicycles, delivery tricycles, other cycles ($22.6k). During the last 5 years the exports of Bangladesh to Burkina Faso have decreased at an annualized rate of 14.7%, from $910k in 2018 to $410k in 2023.

Burkina Faso does not register exports to Bangladesh.

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

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

Market Competitiveness

Color
Bangladesh
Top DestinationUnited States$8.58B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Bangladesh than Burkina Faso included United States ($8.58B), Germany ($8.28B), and United Kingdom ($4.25B).

In 2023, countries that imported more from Burkina Faso than Bangladesh included Switzerland ($6B), Mali ($268M), and Cote d'Ivoire ($136M).

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

Comparative Advantage Bangladesh - Burkina Faso

Flow
Scale

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

During 2023, Bangladesh had a large net trade with Burkina Faso in the exports of Chemical Products ($151k), Foodstuffs ($130k), and Textiles ($67.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bangladesh Burkina Faso+$180kPackaged Medicaments
Top Product Potential Burkina Faso Bangladesh+$6.21MRaw Cotton

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

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

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