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2023
Flag → Flag
Exports $37.9MRnk 94 / 217
2023
Flag → Flag
Top Product $20.5MBeer
2023
Flag → Flag
Exports $37.1MRnk 12 / 125
2023
Flag → Flag
Top Product $36.7MOther Oily Seeds
2023
Flag
Economic Complexity (ECI) ECI 1.13Rnk 22 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$407BCURRENT US$
Rnk 35 / 195
2013-2023
Flag
GDP GROWTH18.1%CURRENT US$
Rnk 146 / 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 $68,454CURRENT US$
Rnk 14 / 195
2013-2023
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 129 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Denmark-Burkina Faso Trade: In 2023, Denmark exported $37.9M to Burkina Faso. The main products that Denmark exported to Burkina Faso were Beer ($20.5M), Refrigerators ($3.12M), and Computers ($1.96M). Over the past 5 years the exports of Denmark to Burkina Faso have increased at an annualized rate of 9.03%, from $24.6M in 2018 to $37.9M in 2023.

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

Burkina Faso-Denmark Trade: In 2023, Burkina Faso exported $37.1M to Denmark. The main products that Burkina Faso exported to Denmark were Other Oily Seeds ($36.7M), Video Recording Equipment ($95.4k), and Planes, Helicopters, and/or Spacecraft ($74k). Over the past 5 years the exports of Burkina Faso to Denmark have increased at an annualized rate of 11.1%,  from $21.9M in 2018 to $37.1M in 2023.

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

Comparison: In 2023,  Denmark ranked 22 in the Economic Complexity Index (ECI 1.13), and 37 in total exports ($118B). 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, Denmark exported $37.9M to Burkina Faso. The main products exported from Denmark to Burkina Faso were Beer ($20.5M), Refrigerators ($3.12M), and Computers ($1.96M). During the last 5 years the exports of Denmark to Burkina Faso have increased at an annualized rate of 9.03%, from $24.6M in 2018 to $37.9M in 2023.

In 2018, Burkina Faso exported $37.1M to Denmark. The main products exported from Burkina Faso to Denmark were Other Oily Seeds ($36.7M), Video Recording Equipment ($95.4k), and Planes, Helicopters, and/or Spacecraft ($74k). During the last 5 years the exports of Burkina Faso to Denmark have increased at an annualized rate of 11.1%, from $21.9M in 2023 to $37.1M in 2018.

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

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

Latest Data

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

Denmark Exports

Burkina Faso Exports

Market Competitiveness

Color
Denmark
Top DestinationGermany$14.8B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Denmark than Burkina Faso included Germany ($14.8B), United States ($12B), and Sweden ($11.2B).

In 2023, countries that imported more from Burkina Faso than Denmark included Switzerland ($6B), Mali ($268M), and United Arab Emirates ($815M).

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

Comparative Advantage Denmark - Burkina Faso

Flow
Scale

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

During 2023, Denmark had a large net trade with Burkina Faso in the exports of Foodstuffs ($20.6M), Machines ($9.16M), and Chemical Products ($2.44M).

During 2018, Burkina Faso had a large net trade with Denmark in the exports of Vegetable Products ($36.7M), Machines ($126k), and Transportation ($75.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Denmark Burkina Faso+$3.16MPackaged Medicaments
Top Product Potential Burkina Faso Denmark+$158kOther 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.

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Economic Complexity

Competitive Landscape

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

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

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