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2023
Flag → Flag
Exports $15.1MRnk 108 / 207
2023
Flag → Flag
Top Product $3.74MLight Pure Woven Cotton
2023
Flag → Flag
Exports $969kRnk 43 / 125
2023
Flag → Flag
Top Product $458kCoconuts, Brazil Nuts, and Cashews
2023
Flag
Economic Complexity (ECI) ECI 1.6Rnk 7 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$343BCURRENT US$
Rnk 44 / 195
2013-2023
Flag
GDP GROWTH61.1%CURRENT US$
Rnk 55 / 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 $31,591CURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP PC GROWTH55.9%CURRENT US$
Rnk 36 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Czechia-Burkina Faso Trade: In 2023, Czechia exported $15.1M to Burkina Faso. The main products that Czechia exported to Burkina Faso were Light Pure Woven Cotton ($3.74M), Centrifuges ($2.1M), and Malt ($1.37M). Over the past 5 years the exports of Czechia to Burkina Faso have increased at an annualized rate of 5.93%, from $11.3M in 2018 to $15.1M in 2023.

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

Burkina Faso-Czechia Trade: In 2023, Burkina Faso exported $969k to Czechia. The main products that Burkina Faso exported to Czechia were Coconuts, Brazil Nuts, and Cashews ($458k), Tropical Fruits ($367k), and Raw Cotton ($55.5k). Over the past 5 years the exports of Burkina Faso to Czechia have increased at an annualized rate of 19.1%,  from $404k in 2018 to $969k in 2023.

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

Comparison: In 2023,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.6), and 30 in total exports ($224B). 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, Czechia exported $15.1M to Burkina Faso. The main products exported from Czechia to Burkina Faso were Light Pure Woven Cotton ($3.74M), Centrifuges ($2.1M), and Malt ($1.37M). During the last 5 years the exports of Czechia to Burkina Faso have increased at an annualized rate of 5.93%, from $11.3M in 2018 to $15.1M in 2023.

In 2018, Burkina Faso exported $969k to Czechia. The main products exported from Burkina Faso to Czechia were Coconuts, Brazil Nuts, and Cashews ($458k), Tropical Fruits ($367k), and Raw Cotton ($55.5k). During the last 5 years the exports of Burkina Faso to Czechia have increased at an annualized rate of 19.1%, from $404k in 2023 to $969k in 2018.

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

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

Latest Data

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

Czechia Exports

Market Competitiveness

Color
Czechia
Top DestinationGermany$64.2B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Czechia than Burkina Faso included Germany ($64.2B), Slovakia ($15.8B), and Poland ($13.8B).

In 2023, countries that imported more from Burkina Faso than Czechia included Switzerland ($6B), Mali ($268M), and Togo ($114M).

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

Comparative Advantage Czechia - Burkina Faso

Flow
Scale

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

During 2023, Czechia had a large net trade with Burkina Faso in the exports of Machines ($6.23M), Textiles ($3.8M), and Vegetable Products ($1.37M).

During 2018, Burkina Faso had a large net trade with Czechia in the exports of Vegetable Products ($861k), Textiles ($55.5k), and Animal and Vegetable Bi-Products ($42.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Czechia Burkina Faso+$1.25MComputers
Top Product Potential Burkina Faso Czechia+$500kCoconuts, Brazil Nuts, and Cashews

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

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

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