2022
Flag  
GDP
$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH
5.49%CURRENT US$
Rnk 154 / 186
2022
Flag
 GDP
$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH
31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC 
$29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH
3.63%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC
$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH
0.099%CURRENT US$
Rnk 140 / 186

About

Spain-Burundi Trade: In 2022, Spain exported $2.16M to Burundi. The main products that Spain exported to Burundi were Packaged Medicaments ($1.19M), Cars ($198k), and Scented Mixtures ($150k). Over the past 5 years the exports of Spain to Burundi have increased at an annualized rate of 42.5%, from $368k in 2017 to $2.16M in 2022.

In 2022, Spain did not export any services to Burundi.

Burundi-Spain Trade: In 2022, Burundi exported $366k to Spain. The main products that Burundi exported to Spain were Coffee ($364k), Plastic Housewares ($1.53k), and Knit Men's Suits ($477). Over the past 5 years the exports of Burundi to Spain have increased at an annualized rate of 8.49%,  from $108k in 2017 to $366k in 2022.

In 2022, Burundi did not export any services to Spain.

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81),  and 20 in total exports ($394B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $2.16M to Burundi. The main products exported from Spain to Burundi were Packaged Medicaments ($1.19M), Cars ($198k), and Scented Mixtures ($150k). During the last 5 years the exports of Spain to Burundi have increased at an annualized rate of 42.5%, from $368k in 2017 to $2.16M in 2022.

In 2017, Burundi exported $366k to Spain. The main products exported from Burundi to Spain were Coffee ($364k), Plastic Housewares ($1.53k), and Knit Men's Suits ($477). During the last 5 years the exports of Burundi to Spain have increased at an annualized rate of 8.49%, from $108k in 2022 to $366k in 2017.

Exports from Spain (Flag) to Burundi (Flag) (2022)

Exports from Burundi (Flag) to Spain (Flag) (2022)

Market Competitiveness

Color
Spain
Top Destination
France$65.2B
Burundi
Top Destination
United Arab Emirates$59.9M

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

In 2022, countries that imported more from Spain than Burundi included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2022, no countries were registered that imported more from Burundi than from Spain.

Difference in imports from Burundi (Flag) and Spain (Flag) (2022)

Comparative Advantage Spain - Burundi

Flow
Scale

This chart compares trade between Spain and Burundi by product, considering products traded by both, Spain and Burundi.

During 2022, Spain had a large net trade with Burundi in the exports of Chemical Products ($1.36M), Transportation ($254k), and Foodstuffs ($193k).

During 2017, Burundi had a large net trade with Spain in the exports of Vegetable Products ($364k), Plastics and Rubbers ($1.53k), and Textiles ($953).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Spain Burundi+$1.11MPackaged Medicaments
Top Product Potential Burundi Spain+$782kCoffee

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 Spain and Burundi. This means that a dot/product with the flag of Spain indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Spain.

Product Space of Spain (Flag) and Burundi (Flag) (2022)

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