2023
Flag  
GDP
$19.4BCURRENT US$
Rnk 126 / 195
2013-2023
Flag
GDP GROWTH
10.2%CURRENT US$
Rnk 155 / 195
2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH
51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC 
$7,803CURRENT US$
Rnk 100 / 195
2013-2023
Flag
GDP PC GROWTH
-15.2%CURRENT US$
Rnk 172 / 195
2023
Flag
GDP PC
$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195

About

Gabon-Burkina Faso Trade: In 2023, Gabon exported $558k to Burkina Faso. The main products that Gabon exported to Burkina Faso were Large Construction Vehicles ($282k), Delivery Trucks ($109k), and Tractors ($46.1k). Over the past 5 years the exports of Gabon to Burkina Faso have increased at an annualized rate of 35.3%, from $123k in 2018 to $558k in 2023.

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

Burkina Faso-Gabon Trade: In 2023, Burkina Faso exported $123k to Gabon. The main products that Burkina Faso exported to Gabon were Packaged Medicaments ($76.2k), Other Aluminium Products ($21.1k), and Other Oily Seeds ($8.66k). Over the past 5 years the exports of Burkina Faso to Gabon have decreased at an annualized rate of 17.4%,  from $322k in 2018 to $123k in 2023.

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

Comparison: In 2023,  Gabon ranked 92 in the Economic Complexity Index (ECI -0.62), and 102 in total exports ($10.6B). 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, Gabon exported $558k to Burkina Faso. The main products exported from Gabon to Burkina Faso were Large Construction Vehicles ($282k), Delivery Trucks ($109k), and Tractors ($46.1k). During the last 5 years the exports of Gabon to Burkina Faso have increased at an annualized rate of 35.3%, from $123k in 2018 to $558k in 2023.

In 2018, Burkina Faso exported $123k to Gabon. The main products exported from Burkina Faso to Gabon were Packaged Medicaments ($76.2k), Other Aluminium Products ($21.1k), and Other Oily Seeds ($8.66k). During the last 5 years the exports of Burkina Faso to Gabon have decreased at an annualized rate of 17.4%, from $322k in 2023 to $123k in 2018.

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

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

Latest Data

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

Burkina Faso Exports

Market Competitiveness

Color
Gabon
Top Destination
China$2.77B
Burkina Faso
Top Destination
Switzerland$6B

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 2023, countries that imported more from Gabon than Burkina Faso included China ($2.77B), Indonesia ($875M), and Spain ($739M).

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

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

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 2023, Gabon had a large net trade with Burkina Faso in the exports of Machines ($305k), Transportation ($220k), and Mineral Products ($26.3k).

During 2018, Burkina Faso had a large net trade with Gabon in the exports of Chemical Products ($76.2k), Metals ($21.1k), and Vegetable Products ($15.5k).

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) (2023)

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