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2022
Flag → Flag
Exports $138MRnk 124 / 223
2022
Flag → Flag
Top Product $17.5MWashing and Bottling Machines
2022
Flag → Flag
Exports $61.9MRnk 8 / 131
2022
Flag → Flag
Top Product $36.3MZinc Ore
2022
Flag
Economic Complexity (ECI) ECI 1.78Rnk 5 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 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 $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Germany-Burkina Faso Trade: In 2022, Germany exported $138M to Burkina Faso. The main products that Germany exported to Burkina Faso were Washing and Bottling Machines ($17.5M), Hard Liquor ($12M), and Stone Processing Machines ($10.1M). Over the past 5 years the exports of Germany to Burkina Faso have increased at an annualized rate of 2.69%, from $121M in 2017 to $138M in 2022.

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

Burkina Faso-Germany Trade: In 2022, Burkina Faso exported $61.9M to Germany. The main products that Burkina Faso exported to Germany were Zinc Ore ($36.3M), Tropical Fruits ($10.7M), and Raw Cotton ($4.91M). Over the past 5 years the exports of Burkina Faso to Germany have increased at an annualized rate of 1%,  from $58.9M in 2017 to $61.9M in 2022.

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

Comparison: In 2022,  Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Latest Trends

August, 2024

About

Overview In August 2024, Germany exported €6.54M and imported €3.44M from Burkina Faso, resulting in a positive trade balance of €3.1M. Between August 2023 and August 2024 the exports of Germany have decreased by €-294k (-4.3%) from €6.83M to €6.54M, while imports decreased by €-1.18M (-25.6%) from €4.62M to €3.44M.

Trade In August 2024, the top exports of Germany to Burkina Faso were Spirits (€1.3M), Other machinery (€718k), Machinery for electricity production, distribution (€305k), Lorries and special purpose motor vehicles (€295k), and Medical, surgical equipment, orthopaedic apparatus (€186k). In August 2024 the top imports of Germany from Burkina Faso were Nuts and dried fruits (€358k), Vegetable oils and fats (€217k), Tropical and subtropical fruits (€93k), Spices (€69k), and Yarns of cotton (€48k).

Origins In August 2024 the exports of Germany were mainly from North Rhine-Westphalia (€2.72M), Baden-Württemberg (€968k), Bavaria (€665k), Hesse (€390k), and Hamburg (€329k), while imports destinations were mainly Hamburg (€1.63M), Lower Saxony (€926k), North Rhine-Westphalia (€337k), Bavaria (€181k), and Hesse (€166k).

Growth In August 2024, the decrease in Germany's year-by-year exports to Burkina Faso was explained primarily by an decrease in product exports in Lorries and special purpose motor vehicles (€-1.66M or -84.9%), Lifting and handling equipment (€-407k or -84.6%), and Beer (€-379k or -84.6%). In August 2024, the decrease in Germany's year-by-year imports  from Burkina Faso was explained primarily by an decrease in product imports  in Nuts and dried fruits (€-429k or -54.5%), Tropical and subtropical fruits (€-32k or -25.6%), and Other food of vegetable origin (€-2k or -100%).

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (August 2023 - August 2024)€-294k(-4.3%)
IMPORT GROWTH (August 2023 - August 2024)€-1.18M(-25.6%)
MAIN EXPORTER (August 2024)North Rhine-Westphalia€2.72M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Burkina Faso and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burkina Faso and Germany Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $138M to Burkina Faso. The main products exported from Germany to Burkina Faso were Washing and Bottling Machines ($17.5M), Hard Liquor ($12M), and Stone Processing Machines ($10.1M). During the last 5 years the exports of Germany to Burkina Faso have increased at an annualized rate of 2.69%, from $121M in 2017 to $138M in 2022.

In 2017, Burkina Faso exported $61.9M to Germany. The main products exported from Burkina Faso to Germany were Zinc Ore ($36.3M), Tropical Fruits ($10.7M), and Raw Cotton ($4.91M). During the last 5 years the exports of Burkina Faso to Germany have increased at an annualized rate of 1%, from $58.9M in 2022 to $61.9M in 2017.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Germany than Burkina Faso included United States ($153B), France ($120B), and China ($109B).

In 2022, countries that imported more from Burkina Faso than Germany included Mali ($304M) and North Korea ($70.9k).

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

Comparative Advantage Germany - Burkina Faso

Flow
Scale

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

During 2022, Germany had a large net trade with Burkina Faso in the exports of Machines ($52.8M), Foodstuffs ($18.2M), and Transportation ($16.4M).

During 2017, Burkina Faso had a large net trade with Germany in the exports of Mineral Products ($36.9M), Vegetable Products ($17.5M), and Textiles ($5.14M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Germany Burkina Faso+$4.82MCars
Top Product Potential Burkina Faso Germany+$4.54MCoconuts, 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 Germany and Burkina Faso. This means that a dot/product with the flag of Germany 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 Germany.

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

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