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Pricing

2022
Flag → Flag
Exports $30.1kRnk 89 / 118
2022
Flag → Flag
Top Product $8.43kOther Furniture
2022
Flag → Flag
Exports $167kRnk 70 / 131
2022
Flag → Flag
Top Product $147kRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.99Rnk 112 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH22.7%CURRENT US$
Rnk 114 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC $8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH-5.65%CURRENT US$
Rnk 156 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Gabon-Burkina Faso Trade: In 2022, Gabon exported $30.1k to Burkina Faso. The main products that Gabon exported to Burkina Faso were Other Furniture ($8.43k), Other Plastic Products ($6.74k), and Plywood ($6.19k). Over the past 5 years the exports of Gabon to Burkina Faso have decreased at an annualized rate of 27.6%, from $152k in 2017 to $30.1k in 2022.

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

Burkina Faso-Gabon Trade: In 2022, Burkina Faso exported $167k to Gabon. The main products that Burkina Faso exported to Gabon were Refined Petroleum ($147k), Raw Iron Bars ($5.17k), and Other Cloth Articles ($4.37k). Over the past 5 years the exports of Burkina Faso to Gabon have decreased at an annualized rate of 5.3%,  from $219k in 2017 to $167k in 2022.

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

Comparison: In 2022,  Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). 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, Gabon exported $30.1k to Burkina Faso. The main products exported from Gabon to Burkina Faso were Other Furniture ($8.43k), Other Plastic Products ($6.74k), and Plywood ($6.19k). During the last 5 years the exports of Gabon to Burkina Faso have decreased at an annualized rate of 27.6%, from $152k in 2017 to $30.1k in 2022.

In 2017, Burkina Faso exported $167k to Gabon. The main products exported from Burkina Faso to Gabon were Refined Petroleum ($147k), Raw Iron Bars ($5.17k), and Other Cloth Articles ($4.37k). During the last 5 years the exports of Burkina Faso to Gabon have decreased at an annualized rate of 5.3%, from $219k in 2022 to $167k in 2017.

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

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

Latest Data

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

Burkina Faso Exports

Market Competitiveness

Color
Gabon
Top DestinationChina$3.4B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Gabon than Burkina Faso included China ($3.4B), South Korea ($617M), and Italy ($576M).

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

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

Comparative Advantage Gabon - Burkina Faso

Flow
Scale

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

During 2022, Gabon had a large net trade with Burkina Faso in the exports of Miscellaneous ($8.43k), Plastics and Rubbers ($6.74k), and Wood Products ($6.19k).

During 2017, Burkina Faso had a large net trade with Gabon in the exports of Mineral Products ($147k), Metals ($5.27k), and Machines ($4.98k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Gabon Burkina Faso+$15.8kPlywood
Top Product Potential Burkina Faso Gabon+$109kRefined 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 Gabon and Burkina Faso. This means that a dot/product with the flag of Gabon 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 Gabon.

Product Space of Gabon (Flag) and Burkina Faso (Flag) (2022)

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