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Pricing

2022
Flag → Flag
Exports $1.68MRnk 86 / 125
2022
Flag → Flag
Top Product $1.62MHot-Rolled Iron Bars
2022
Flag → Flag
Exports $496kRnk 55 / 131
2022
Flag → Flag
Top Product $474kRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 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 $7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Belarus-Burkina Faso Trade: In 2022, Belarus exported $1.68M to Burkina Faso. The main products that Belarus exported to Burkina Faso were Hot-Rolled Iron Bars ($1.62M), Brochures ($58.8k), and Gas and Liquid Flow Measuring Instruments ($1.67k). Over the past 5 years the exports of Belarus to Burkina Faso have decreased at an annualized rate of 13.9%, from $3.55M in 2017 to $1.68M in 2022.

In 2014, Belarus exported services to Burkina Faso worth $0, with being the largest in terms of value.

Burkina Faso-Belarus Trade: In 2022, Burkina Faso exported $496k to Belarus. The main products that Burkina Faso exported to Belarus were Refined Petroleum ($474k) and Coconuts, Brazil Nuts, and Cashews ($22.2k). Over the past 5 years the exports of Burkina Faso to Belarus have decreased at an annualized rate of 32.5%,  from $3.55M in 2017 to $496k in 2022.

In 2022, Burkina Faso did not export any services to Belarus.

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). 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, Belarus exported $1.68M to Burkina Faso. The main products exported from Belarus to Burkina Faso were Hot-Rolled Iron Bars ($1.62M), Brochures ($58.8k), and Gas and Liquid Flow Measuring Instruments ($1.67k). During the last 5 years the exports of Belarus to Burkina Faso have decreased at an annualized rate of 13.9%, from $3.55M in 2017 to $1.68M in 2022.

In 2017, Burkina Faso exported $496k to Belarus. The main products exported from Burkina Faso to Belarus were Refined Petroleum ($474k) and Coconuts, Brazil Nuts, and Cashews ($22.2k). During the last 5 years the exports of Burkina Faso to Belarus have decreased at an annualized rate of 32.5%, from $3.55M in 2022 to $496k in 2017.

Exports from Belarus (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Belarus (Flag) (2022)

Latest Data

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

Belarus Exports

Market Competitiveness

Color
Belarus
Top DestinationChina$1.6B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Belarus than Burkina Faso included China ($1.6B), Ukraine ($1.29B), and Poland ($933M).

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

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

Comparative Advantage Belarus - Burkina Faso

Flow
Scale

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

During 2022, Belarus had a large net trade with Burkina Faso in the exports of Metals ($1.62M), Paper Goods ($58.8k), and Instruments ($1.67k).

During 2017, Burkina Faso had a large net trade with Belarus in the exports of Mineral Products ($474k) and Vegetable Products ($22.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Burkina Faso+$8.59kBrochures
Top Product Potential Burkina Faso Belarus+$189kRefined 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 Belarus and Burkina Faso. This means that a dot/product with the flag of Belarus 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 Belarus.

Product Space of Belarus (Flag) and Burkina Faso (Flag) (2022)

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