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2023
Flag → Flag
Exports $107MRnk 132 / 220
2023
Flag → Flag
Top Product $5.81MHard Liquor
2023
Flag → Flag
Exports $26.3MRnk 16 / 125
2023
Flag → Flag
Top Product $11.9MTropical Fruits
2023
Flag
Economic Complexity (ECI) ECI 1.79Rnk 5 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$4.53TCURRENT US$
Rnk 3 / 195
2013-2023
Flag
GDP GROWTH18.8%CURRENT US$
Rnk 144 / 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 $54,343CURRENT US$
Rnk 21 / 195
2013-2023
Flag
GDP PC GROWTH15.1%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Germany-Burkina Faso Trade: In 2023, Germany exported $107M to Burkina Faso. The main products that Germany exported to Burkina Faso were Hard Liquor ($5.81M), Vaccines, blood, antisera, toxins and cultures ($5.34M), and Stone Processing Machines ($4.85M). Over the past 5 years the exports of Germany to Burkina Faso have decreased at an annualized rate of 2.74%, from $123M in 2018 to $107M in 2023.

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

Burkina Faso-Germany Trade: In 2023, Burkina Faso exported $26.3M to Germany. The main products that Burkina Faso exported to Germany were Tropical Fruits ($11.9M), Coconuts, Brazil Nuts, and Cashews ($7.25M), and Raw Cotton ($1.64M). Over the past 5 years the exports of Burkina Faso to Germany have decreased at an annualized rate of 17.7%,  from $69.5M in 2018 to $26.3M in 2023.

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

Comparison: In 2023,  Germany ranked 5 in the Economic Complexity Index (ECI 1.79), and 3 in total exports ($1.57T). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Latest Trends

November, 2024

About

Overview In November 2024, Germany exported €4.93M and imported €1.07M from Burkina Faso, resulting in a positive trade balance of €3.86M. Between November 2023 and November 2024 the exports of Germany have increased by €242k (5.16%) from €4.69M to €4.93M, while imports decreased by €-339k (-24%) from €1.41M to €1.07M.

Trade In November 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 November 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 November 2024 the exports of Germany were mainly from North Rhine-Westphalia (€1.2M), Baden-Württemberg (€743k), Bavaria (€608k), Hamburg (€334k), and Lower Saxony (€166k), while imports destinations were mainly Hesse (€288k), Lower Saxony (€265k), Schleswig-Holstein (€164k), Hamburg (€148k), and North Rhine-Westphalia (€143k).

Growth In November 2024, the increase in Germany's year-by-year exports to Burkina Faso was explained primarily by an increase in product exports in Spirits (€352k or 37.1%), Other machinery (€256k or 55.4%), and Non allocable results (€133k or 13.3k%). In November 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 (November 2023 - November 2024)€242k(5.16%)
IMPORT GROWTH (November 2023 - November 2024)€-339k(-24%)
MAIN EXPORTER (November 2024)North Rhine-Westphalia€1.2M

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.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Germany exported $107M to Burkina Faso. The main products exported from Germany to Burkina Faso were Hard Liquor ($5.81M), Vaccines, blood, antisera, toxins and cultures ($5.34M), and Stone Processing Machines ($4.85M). During the last 5 years the exports of Germany to Burkina Faso have decreased at an annualized rate of 2.74%, from $123M in 2018 to $107M in 2023.

In 2018, Burkina Faso exported $26.3M to Germany. The main products exported from Burkina Faso to Germany were Tropical Fruits ($11.9M), Coconuts, Brazil Nuts, and Cashews ($7.25M), and Raw Cotton ($1.64M). During the last 5 years the exports of Burkina Faso to Germany have decreased at an annualized rate of 17.7%, from $69.5M in 2023 to $26.3M in 2018.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$157B
Burkina Faso
Top DestinationSwitzerland$6B

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 2023, countries that imported more from Germany than Burkina Faso included United States ($157B), France ($118B), and Netherlands ($108B).

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

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

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 2023, Germany had a large net trade with Burkina Faso in the exports of Machines ($35.3M), Chemical Products ($18.4M), and Transportation ($9.72M).

During 2018, Burkina Faso had a large net trade with Germany in the exports of Vegetable Products ($21.8M), Textiles ($1.82M), and Animal and Vegetable Bi-Products ($1.42M).

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) (2023)

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