2022
Flag  
GDP
$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH
17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH
4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Canada-Burkina Faso In 2022, Canada exported $30.1M to Burkina Faso. The main products that Canada exported to Burkina Faso are Cars ($6.12M), Detonating Fuses ($2.51M), and Stone Processing Machines ($2.12M). During the last 27 years the exports of Canada to Burkina Faso have increased at an annualized rate of 10.7%, from $1.92M in 1995 to $30.1M in 2022.

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

Burkina Faso-Canada In 2022, Burkina Faso exported $56.7M to Canada. The main products that Burkina Faso exported to Canada were Zinc Ore ($54.1M), Interchangeable Tool Parts ($996k), and Other Construction Vehicles ($340k). During the last 27 years the exports of Burkina Faso to Canada have increased at an annualized rate of 29%, from $59.2k in 1995 to $56.7M in 2022.

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

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $30.1M to Burkina Faso. The main products exported from Canada to Burkina Faso were Cars ($6.12M), Detonating Fuses ($2.51M), and Stone Processing Machines ($2.12M). During the last 27 years the exports of Canada to Burkina Faso have increased at an annualized rate of 10.7%, from $1.92M in 1995 to $30.1M in 2022.

In 2022, Burkina Faso exported $56.7M to Canada. The main products exported from Burkina Faso to Canada were Zinc Ore ($54.1M), Interchangeable Tool Parts ($996k), and Other Construction Vehicles ($340k). During the last 27 years the exports of Burkina Faso to Canada have increased at an annualized rate of 29%, from $59.2k in 1995 to $56.7M in 2022.

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

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

Market Competitiveness

Color
Canada
Top Destination
United States$438B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2021, countries that imported more from Canada than Burkina Faso were United States ($438B), China ($25.4B), and Japan ($14.3B).

In 2021, countries that imported more from Burkina Faso than Canada were Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

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

Comparative Advantage Canada - Burkina Faso

Flow
Scale

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

During 2022, Canada had a large net trade with Burkina Faso in the exports of Machines ($11.8M), Transportation ($8.18M), and Metals ($3.77M).

During 2022, Burkina Faso had a large net trade with Canada in the exports of Mineral Products ($54.1M), Metals ($1.01M), and Machines ($505k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over Canada.

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

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