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Pricing

2022
Flag → Flag
Exports $14.7kRnk 142 / 162
2022
Flag → Flag
Top Product $8.86kRaw Plastic Sheeting
2022
Flag → Flag
Exports $10.9kRnk 102 / 131
2022
Flag → Flag
Top Product $10.1kTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 0.67Rnk 39 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$24.5BCURRENT US$
Rnk 110 / 186
2012-2022
Flag
GDP GROWTH42.4%CURRENT US$
Rnk 81 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC $7,585CURRENT US$
Rnk 88 / 186
2012-2022
Flag
GDP PC GROWTH61.8%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Bosnia and Herzegovina-Burkina Faso Trade: In 2022, Bosnia and Herzegovina exported $14.7k to Burkina Faso. The main products that Bosnia and Herzegovina exported to Burkina Faso were Raw Plastic Sheeting ($8.86k), Buses ($2.38k), and Used Clothing ($1.66k). Over the past 5 years the exports of Bosnia and Herzegovina to Burkina Faso have decreased at an annualized rate of 34.1%, from $118k in 2017 to $14.7k in 2022.

In 2022, Bosnia and Herzegovina did not export any services to Burkina Faso.

Burkina Faso-Bosnia and Herzegovina Trade: In 2022, Burkina Faso exported $10.9k to Bosnia and Herzegovina. The main products that Burkina Faso exported to Bosnia and Herzegovina were Tropical Fruits ($10.1k), Coconuts, Brazil Nuts, and Cashews ($381), and Beauty Products ($125). Over the past 5 years the exports of Burkina Faso to Bosnia and Herzegovina have decreased at an annualized rate of 11.7%,  from $20.3k in 2017 to $10.9k in 2022.

In 2022, Burkina Faso did not export any services to Bosnia and Herzegovina.

Comparison: In 2022,  Bosnia and Herzegovina ranked 39 in the Economic Complexity Index (ECI 0.67), and 102 in total exports ($10.2B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bosnia and Herzegovina exported $14.7k to Burkina Faso. The main products exported from Bosnia and Herzegovina to Burkina Faso were Raw Plastic Sheeting ($8.86k), Buses ($2.38k), and Used Clothing ($1.66k). During the last 5 years the exports of Bosnia and Herzegovina to Burkina Faso have decreased at an annualized rate of 34.1%, from $118k in 2017 to $14.7k in 2022.

In 2017, Burkina Faso exported $10.9k to Bosnia and Herzegovina. The main products exported from Burkina Faso to Bosnia and Herzegovina were Tropical Fruits ($10.1k), Coconuts, Brazil Nuts, and Cashews ($381), and Beauty Products ($125). During the last 5 years the exports of Burkina Faso to Bosnia and Herzegovina have decreased at an annualized rate of 11.7%, from $20.3k in 2022 to $10.9k in 2017.

Exports from Bosnia and Herzegovina (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Bosnia and Herzegovina (Flag) (2022)

Latest Data

Trade between Bosnia and Herzegovina (Flag) and Burkina Faso (Flag)

Bosnia and Herzegovina Exports

Market Competitiveness

Color
Bosnia and Herzegovina
Top DestinationCroatia$1.47B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Bosnia and Herzegovina than Burkina Faso included Croatia ($1.47B), Germany ($1.46B), and Serbia ($1.35B).

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

Difference in imports from Burkina Faso (Flag) and Bosnia and Herzegovina (Flag) (2022)

Comparative Advantage Bosnia and Herzegovina - Burkina Faso

Flow
Scale

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

During 2022, Bosnia and Herzegovina had a large net trade with Burkina Faso in the exports of Plastics and Rubbers ($8.9k), Transportation ($2.38k), and Textiles ($1.78k).

During 2017, Burkina Faso had a large net trade with Bosnia and Herzegovina in the exports of Vegetable Products ($10.6k), Chemical Products ($125), and Foodstuffs ($84).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Bosnia and Herzegovina Burkina Faso+$16.5kRaw Plastic Sheeting
Top Product Potential Burkina Faso Bosnia and Herzegovina+$20.8kTropical Fruits

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 Bosnia and Herzegovina and Burkina Faso. This means that a dot/product with the flag of Bosnia and Herzegovina 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 Bosnia and Herzegovina.

Product Space of Bosnia and Herzegovina (Flag) and Burkina Faso (Flag) (2022)

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