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2023
Flag → Flag
Exports $2.29MRnk 104 / 192
2023
Flag → Flag
Top Product $1.14MRefined Petroleum
2023
Flag → Flag
Exports $165kRnk 67 / 125
2023
Flag → Flag
Top Product $134kTropical Fruits
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
Flag
GDP GROWTH62.2%CURRENT US$
Rnk 49 / 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 $30,133CURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP PC GROWTH56%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Estonia-Burkina Faso Trade: In 2023, Estonia exported $2.29M to Burkina Faso. The main products that Estonia exported to Burkina Faso were Refined Petroleum ($1.14M), Stranded Iron Wire ($182k), and Metal Finishing Machines ($149k). Over the past 5 years the exports of Estonia to Burkina Faso have decreased at an annualized rate of 29.4%, from $13M in 2018 to $2.29M in 2023.

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

Burkina Faso-Estonia Trade: In 2023, Burkina Faso exported $165k to Estonia. The main products that Burkina Faso exported to Estonia were Tropical Fruits ($134k), Dried Fruits ($30.6k), and Other Pure Vegetable Oils ($599). Over the past 5 years the exports of Burkina Faso to Estonia have increased at an annualized rate of 38.4%,  from $32.6k in 2018 to $165k in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), 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, Estonia exported $2.29M to Burkina Faso. The main products exported from Estonia to Burkina Faso were Refined Petroleum ($1.14M), Stranded Iron Wire ($182k), and Metal Finishing Machines ($149k). During the last 5 years the exports of Estonia to Burkina Faso have decreased at an annualized rate of 29.4%, from $13M in 2018 to $2.29M in 2023.

In 2018, Burkina Faso exported $165k to Estonia. The main products exported from Burkina Faso to Estonia were Tropical Fruits ($134k), Dried Fruits ($30.6k), and Other Pure Vegetable Oils ($599). During the last 5 years the exports of Burkina Faso to Estonia have increased at an annualized rate of 38.4%, from $32.6k in 2023 to $165k in 2018.

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

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

Latest Data

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

Estonia Exports

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Estonia than Burkina Faso included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

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

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

Comparative Advantage Estonia - Burkina Faso

Flow
Scale

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

During 2023, Estonia had a large net trade with Burkina Faso in the exports of Mineral Products ($1.14M), Machines ($722k), and Metals ($280k).

During 2018, Burkina Faso had a large net trade with Estonia in the exports of Vegetable Products ($164k), Animal and Vegetable Bi-Products ($599), and Machines ($174).

Economic Complexity

Competitive Landscape

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

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

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