2022
Flag  
GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Algeria-Burkina Faso Trade: In 2022, Algeria exported $25.6M to Burkina Faso. The main products that Algeria exported to Burkina Faso were Cement ($24.5M), Petroleum Gas ($419k), and Stranded Aluminium Wire ($310k). Over the past 5 years the exports of Algeria to Burkina Faso have increased at an annualized rate of 114%, from $577k in 2017 to $25.6M in 2022.

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

Burkina Faso-Algeria Trade: In 2022, Burkina Faso exported $318k to Algeria. The main products that Burkina Faso exported to Algeria were Coconuts, Brazil Nuts, and Cashews ($256k), Refined Petroleum ($39.4k), and Cars ($16.8k). Over the past 5 years the exports of Burkina Faso to Algeria have increased at an annualized rate of 0.69%,  from $307k in 2017 to $318k in 2022.

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

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $25.6M to Burkina Faso. The main products exported from Algeria to Burkina Faso were Cement ($24.5M), Petroleum Gas ($419k), and Stranded Aluminium Wire ($310k). During the last 5 years the exports of Algeria to Burkina Faso have increased at an annualized rate of 114%, from $577k in 2017 to $25.6M in 2022.

In 2017, Burkina Faso exported $318k to Algeria. The main products exported from Burkina Faso to Algeria were Coconuts, Brazil Nuts, and Cashews ($256k), Refined Petroleum ($39.4k), and Cars ($16.8k). During the last 5 years the exports of Burkina Faso to Algeria have increased at an annualized rate of 0.69%, from $307k in 2022 to $318k in 2017.

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

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

Latest Data

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

Algeria Exports

Burkina Faso Exports

Date

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Burkina Faso
Top Destination
Switzerland$6.08B

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 2022, countries that imported more from Algeria than Burkina Faso included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

In 2022, countries that imported more from Burkina Faso than Algeria included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

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

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 2022, Algeria had a large net trade with Burkina Faso in the exports of Mineral Products ($25M), Metals ($310k), and Chemical Products ($149k).

During 2017, Burkina Faso had a large net trade with Algeria in the exports of Vegetable Products ($256k), Mineral Products ($39.4k), and Transportation ($16.8k).

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) (2022)

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