2022
Flag  
GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Czechia-Burkina Faso Trade: In 2022, Czechia exported $11.5M to Burkina Faso. The main products that Czechia exported to Burkina Faso were Light Pure Woven Cotton ($3.96M), Cyanides ($1.84M), and Centrifuges ($901k). Over the past 5 years the exports of Czechia to Burkina Faso have increased at an annualized rate of 11.6%, from $6.67M in 2017 to $11.5M in 2022.

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

Burkina Faso-Czechia Trade: In 2022, Burkina Faso exported $910k to Czechia. The main products that Burkina Faso exported to Czechia were Coconuts, Brazil Nuts, and Cashews ($670k), Tropical Fruits ($171k), and Perfume Plants ($19.2k). Over the past 5 years the exports of Burkina Faso to Czechia have increased at an annualized rate of 13.5%,  from $484k in 2017 to $910k in 2022.

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

Comparison: In 2022,  Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B). 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, Czechia exported $11.5M to Burkina Faso. The main products exported from Czechia to Burkina Faso were Light Pure Woven Cotton ($3.96M), Cyanides ($1.84M), and Centrifuges ($901k). During the last 5 years the exports of Czechia to Burkina Faso have increased at an annualized rate of 11.6%, from $6.67M in 2017 to $11.5M in 2022.

In 2017, Burkina Faso exported $910k to Czechia. The main products exported from Burkina Faso to Czechia were Coconuts, Brazil Nuts, and Cashews ($670k), Tropical Fruits ($171k), and Perfume Plants ($19.2k). During the last 5 years the exports of Burkina Faso to Czechia have increased at an annualized rate of 13.5%, from $484k in 2022 to $910k in 2017.

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

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

Latest Data

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

Czechia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Burkina Faso
Top Destination
Switzerland$6.08B

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 2022, countries that imported more from Czechia than Burkina Faso included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2022, countries that imported more from Burkina Faso than Czechia included Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

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

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 2022, Czechia had a large net trade with Burkina Faso in the exports of Textiles ($4M), Machines ($3.32M), and Chemical Products ($1.96M).

During 2017, Burkina Faso had a large net trade with Czechia in the exports of Vegetable Products ($892k), Foodstuffs ($12.2k), and Animal and Vegetable Bi-Products ($5.96k).

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) (2022)

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