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Pricing

2023
Flag → Flag
Exports $3.31kRnk 54 / 74
2023
Flag → Flag
Top Product $2.8kTractors
2023
Flag → Flag
Exports $1.11kRnk 40 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Eritrea-Burkina Faso Trade: In 2023, Eritrea exported $3.31k to Burkina Faso. The main products that Eritrea exported to Burkina Faso were Tractors ($2.8k) and Rubber Belting ($509). Over the past 8 years the exports of Eritrea to Burkina Faso have increased at an annualized rate of 28.4%, from $447 in 2015 to $3.31k in 2023.

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

Burkina Faso-Eritrea Trade: In 2023, Burkina Faso exported $1.11k to Eritrea. The main products that Burkina Faso exported to Eritrea were N/A. Over the past 8 years the exports of Burkina Faso to Eritrea have decreased at an annualized rate of 54.3%,  from $55.4k in 2015 to $1.11k in 2023.

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

Comparison In 2023,  Eritrea ranked 169 in total exports ($529M), and does not have data regarding Economic Complexity Index. 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, Eritrea exported $3.31k to Burkina Faso. The main products exported from Eritrea to Burkina Faso were Tractors ($2.8k) and Rubber Belting ($509). During the last 8 years the exports of Eritrea to Burkina Faso have increased at an annualized rate of 28.4%, from $447 in 2015 to $3.31k in 2023.

In 2014, Burkina Faso exported $1.11k to Eritrea. There were not main exports from Burkina Faso to Eritrea in 2014. During the last 5 years the exports of Burkina Faso to Eritrea have decreased at an annualized rate of 54.3%, from $55.4k in 2019 to $1.11k in 2014.

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

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

Market Competitiveness

Color
Eritrea
Top DestinationChina$355M
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Eritrea than Burkina Faso included China ($355M), Philippines ($23.8M), and Croatia ($3.33M).

In 2023, countries that imported more from Burkina Faso than Eritrea included Switzerland ($6B), United Arab Emirates ($815M), and India ($271M).

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

Comparative Advantage Eritrea - Burkina Faso

Flow
Scale

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

During 2023, Eritrea had a large net trade with Burkina Faso in the exports of Transportation ($2.8k) and Plastics and Rubbers ($509).

During 2014, Burkina Faso had a large net trade with Eritrea in the exports of .

Economic Complexity

Competitive Landscape

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

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

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