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Pricing

2023
Flag → Flag
Exports $531kRnk 93 / 161
2023
Flag → Flag
Top Product $391kVaccines, blood, antisera, toxins and cultures
2023
Flag → Flag
Exports $7.3MRnk 25 / 125
2023
Flag → Flag
Top Product $7.27MRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 101 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH244%CURRENT US$
Rnk 2 / 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 $1,272CURRENT US$
Rnk 172 / 195
2013-2023
Flag
GDP PC GROWTH163%CURRENT US$
Rnk 3 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Ethiopia-Burkina Faso Trade: In 2023, Ethiopia exported $531k to Burkina Faso. The main products that Ethiopia exported to Burkina Faso were Vaccines, blood, antisera, toxins and cultures ($391k), Broadcasting Equipment ($72.1k), and Rubberworking Machinery ($14.6k). Over the past 5 years the exports of Ethiopia to Burkina Faso have increased at an annualized rate of 21.3%, from $202k in 2018 to $531k in 2023.

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

Burkina Faso-Ethiopia Trade: In 2023, Burkina Faso exported $7.3M to Ethiopia. The main products that Burkina Faso exported to Ethiopia were Refined Petroleum ($7.27M), Heavy Pure Woven Cotton ($13.6k), and Other Furniture ($11.4k). Over the past 5 years the exports of Burkina Faso to Ethiopia have increased at an annualized rate of 2.22%,  from $6.54M in 2018 to $7.3M in 2023.

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

Comparison: In 2023,  Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B). 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, Ethiopia exported $531k to Burkina Faso. The main products exported from Ethiopia to Burkina Faso were Vaccines, blood, antisera, toxins and cultures ($391k), Broadcasting Equipment ($72.1k), and Rubberworking Machinery ($14.6k). During the last 5 years the exports of Ethiopia to Burkina Faso have increased at an annualized rate of 21.3%, from $202k in 2018 to $531k in 2023.

In 2018, Burkina Faso exported $7.3M to Ethiopia. The main products exported from Burkina Faso to Ethiopia were Refined Petroleum ($7.27M), Heavy Pure Woven Cotton ($13.6k), and Other Furniture ($11.4k). During the last 5 years the exports of Burkina Faso to Ethiopia have increased at an annualized rate of 2.22%, from $6.54M in 2023 to $7.3M in 2018.

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

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

Latest Data

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

Ethiopia Exports

Burkina Faso Exports

Date

Market Competitiveness

Color
Ethiopia
Top DestinationUnited States$487M
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Ethiopia than Burkina Faso included United States ($487M), China ($402M), and Saudi Arabia ($304M).

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

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

Comparative Advantage Ethiopia - Burkina Faso

Flow
Scale

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

During 2023, Ethiopia had a large net trade with Burkina Faso in the exports of Chemical Products ($393k), Machines ($92.8k), and Miscellaneous ($13.4k).

During 2018, Burkina Faso had a large net trade with Ethiopia in the exports of Mineral Products ($7.27M), Textiles ($14.5k), and Miscellaneous ($11.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ethiopia Burkina Faso+$36.6kCars
Top Product Potential Burkina Faso Ethiopia+$121kRefined Petroleum

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 Ethiopia and Burkina Faso. This means that a dot/product with the flag of Ethiopia 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 Ethiopia.

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

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