2023
Flag  
GDP
$248BCURRENT US$
Rnk 53 / 195
2013-2023
Flag
GDP GROWTH
7.8%CURRENT US$
Rnk 161 / 195
2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH
51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC 
$5,364CURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP PC GROWTH
-10.3%CURRENT US$
Rnk 169 / 195
2023
Flag
GDP PC
$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195

About

Algeria-Burkina Faso Trade: In 2023, Algeria exported $35.1M to Burkina Faso. The main products that Algeria exported to Burkina Faso were Cement ($21.1M), Refined Petroleum ($12.6M), and Insulated Wire ($699k). Over the past 5 years the exports of Algeria to Burkina Faso have increased at an annualized rate of 28.3%, from $10.1M in 2018 to $35.1M in 2023.

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

Burkina Faso-Algeria Trade: In 2023, Burkina Faso exported $186k to Algeria. The main products that Burkina Faso exported to Algeria were Coconuts, Brazil Nuts, and Cashews ($109k), Refined Petroleum ($77.4k), and Other Ores ($8). Over the past 5 years the exports of Burkina Faso to Algeria have decreased at an annualized rate of 9.01%,  from $299k in 2018 to $186k in 2023.

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

Comparison: In 2023,  Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B). 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, Algeria exported $35.1M to Burkina Faso. The main products exported from Algeria to Burkina Faso were Cement ($21.1M), Refined Petroleum ($12.6M), and Insulated Wire ($699k). During the last 5 years the exports of Algeria to Burkina Faso have increased at an annualized rate of 28.3%, from $10.1M in 2018 to $35.1M in 2023.

In 2018, Burkina Faso exported $186k to Algeria. The main products exported from Burkina Faso to Algeria were Coconuts, Brazil Nuts, and Cashews ($109k), Refined Petroleum ($77.4k), and Other Ores ($8). During the last 5 years the exports of Burkina Faso to Algeria have decreased at an annualized rate of 9.01%, from $299k in 2023 to $186k in 2018.

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

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

Latest Data

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

Algeria Exports

Burkina Faso Exports

Date

Market Competitiveness

Color
Algeria
Top Destination
Italy$15.2B
Burkina Faso
Top Destination
Switzerland$6B

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

In 2023, countries that imported more from Algeria than Burkina Faso included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

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

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

Comparative Advantage Algeria - Burkina Faso

Flow
Scale

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

During 2023, Algeria had a large net trade with Burkina Faso in the exports of Mineral Products ($33.9M), Machines ($734k), and Chemical Products ($399k).

During 2018, Burkina Faso had a large net trade with Algeria in the exports of Vegetable Products ($109k) and Mineral Products ($77.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Burkina Faso+$1.6MPetroleum Gas
Top Product Potential Burkina Faso Algeria+$338kCoconuts, 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 Algeria and Burkina Faso. This means that a dot/product with the flag of Algeria 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 Algeria.

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

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