2023
Flag  
GDP
$66.4BCURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP GROWTH
103%CURRENT US$
Rnk 12 / 195
2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH
51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC 
$628CURRENT US$
Rnk 188 / 195
2013-2023
Flag
GDP PC GROWTH
45.5%CURRENT US$
Rnk 51 / 195
2023
Flag
GDP PC
$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195

About

Democratic Republic of the Congo-Burkina Faso Trade: In 2023, Democratic Republic of the Congo exported $1.45k to Burkina Faso. The main products that Democratic Republic of the Congo exported to Burkina Faso were Chlorides ($606), Iron Stovetops ($469), and Refrigerators ($145). Over the past 5 years the exports of Democratic Republic of the Congo to Burkina Faso have decreased at an annualized rate of 72.9%, from $985k in 2018 to $1.45k in 2023.

In 2023, Democratic Republic of the Congo did not export any services to Burkina Faso.

Burkina Faso-Democratic Republic of the Congo Trade: In 2023, Burkina Faso exported $33.7k to Democratic Republic of the Congo. The main products that Burkina Faso exported to Democratic Republic of the Congo were Cars ($19.6k), Electric Heaters ($5.38k), and Bells and Other Metal Ornaments ($2.01k). Over the past 5 years the exports of Burkina Faso to Democratic Republic of the Congo have increased at an annualized rate of 1.72%,  from $29.9k in 2018 to $33.7k in 2023.

In 2023, Burkina Faso did not export any services to Democratic Republic of the Congo.

Comparison: In 2023,  Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.94), and 78 in total exports ($20.7B). 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, Democratic Republic of the Congo exported $1.45k to Burkina Faso. The main products exported from Democratic Republic of the Congo to Burkina Faso were Chlorides ($606), Iron Stovetops ($469), and Refrigerators ($145). During the last 5 years the exports of Democratic Republic of the Congo to Burkina Faso have decreased at an annualized rate of 72.9%, from $985k in 2018 to $1.45k in 2023.

In 2018, Burkina Faso exported $33.7k to Democratic Republic of the Congo. The main products exported from Burkina Faso to Democratic Republic of the Congo were Cars ($19.6k), Electric Heaters ($5.38k), and Bells and Other Metal Ornaments ($2.01k). During the last 5 years the exports of Burkina Faso to Democratic Republic of the Congo have increased at an annualized rate of 1.72%, from $29.9k in 2023 to $33.7k in 2018.

Exports from Democratic Republic of the Congo (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to Democratic Republic of the Congo (Flag) (2023)

Latest Data

Trade between Democratic Republic of the Congo (Flag) and Burkina Faso (Flag)

Democratic Republic of the Congo Exports

Burkina Faso Exports

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6B

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

In 2023, countries that imported more from Democratic Republic of the Congo than Burkina Faso included China ($14.3B), Spain ($672M), and United Arab Emirates ($1.45B).

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

Difference in imports from Burkina Faso (Flag) and Democratic Republic of the Congo (Flag) (2023)

Comparative Advantage Democratic Republic of the Congo - Burkina Faso

Flow
Scale

This chart compares trade between Democratic Republic of the Congo and Burkina Faso by product, considering products traded by both, Democratic Republic of the Congo and Burkina Faso.

During 2023, Democratic Republic of the Congo had a large net trade with Burkina Faso in the exports of Chemical Products ($606), Metals ($469), and Machines ($255).

During 2018, Burkina Faso had a large net trade with Democratic Republic of the Congo in the exports of Transportation ($19.6k), Machines ($6.76k), and Plastics and Rubbers ($2.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Democratic Republic of the Congo Burkina Faso+$4.41kCars
Top Product Potential Burkina Faso Democratic Republic of the Congo+$26.6kOther Furniture

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Democratic Republic of the Congo and Burkina Faso. This means that a dot/product with the flag of Democratic Republic of the Congo 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 Democratic Republic of the Congo.

Product Space of Democratic Republic of the Congo (Flag) and Burkina Faso (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with