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Pricing

2022
Flag → Flag
Exports $36.3MRnk 136 / 224
2022
Flag → Flag
Top Product $17.6MRefined Petroleum
2022
Flag → Flag
Exports $7.01MRnk 28 / 131
2022
Flag → Flag
Top Product $5.02MTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 1.42Rnk 12 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 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 $45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

United Kingdom-Burkina Faso Trade: In 2022, United Kingdom exported $36.3M to Burkina Faso. The main products that United Kingdom exported to Burkina Faso were Refined Petroleum ($17.6M), Other Plastic Products ($1.29M), and Engine Parts ($946k). Over the past 5 years the exports of United Kingdom to Burkina Faso have increased at an annualized rate of 0.84%, from $34.8M in 2017 to $36.3M in 2022.

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

Burkina Faso-United Kingdom Trade: In 2022, Burkina Faso exported $7.01M to United Kingdom. The main products that Burkina Faso exported to United Kingdom were Tropical Fruits ($5.02M), Coconuts, Brazil Nuts, and Cashews ($407k), and Paper Containers ($198k). Over the past 5 years the exports of Burkina Faso to United Kingdom have decreased at an annualized rate of 7.98%,  from $13.6M in 2017 to $7.01M in 2022.

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

Comparison: In 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Latest Trends

September, 2024

About

Overview In September 2024, United Kingdom exported £553k and imported £18.1k from Burkina Faso, resulting in a positive trade balance of £535k. Between September 2023 and September 2024 the exports of United Kingdom have decreased by £-62.2k (-10.1%) from £615k to £553k, while imports decreased by £-179k (-90.8%) from £197k to £18.1k.

Trade In September 2024, the top exports of United Kingdom to Burkina Faso were Tractors (£167k), Engine Parts (£102k), Stone Processing Machines (£82.6k), Liquid Pumps (£66k), and Excavation Machinery (£46.6k). In September 2024 the top imports of United Kingdom from Burkina Faso were Excavation Machinery (£193k), Tropical Fruits (£148k), Commodities not elsewhere specified (£8.87k), Chemical Analysis Instruments (£2.58k), and Interchangeable Tool Parts (£2.51k).

Origins In September 2024 the exports of United Kingdom were mainly from London Heathrow Airport (£249k), London Gateway (£59.8k), London (£57.7k), Felixstowe (£52.8k), and East Midlands Airport (£35.9k), while imports destinations were mainly London Heathrow Airport (£13.4k).

Growth In September 2024, the decrease in United Kingdom's year-by-year exports to Burkina Faso was explained primarily by an decrease in product exports in Laboratory Reagents (£-132k or -82%), Gaskets (£-123k or -96.9%), and Electric Motor Parts (£-95.9k or -98.5%). In September 2024, the decrease in United Kingdom's year-by-year imports  from Burkina Faso was explained primarily by an decrease in product imports  in Commodities not elsewhere specified (£-208 or -2.29%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)£-62.2k(-10.1%)
IMPORT GROWTH (September 2023 - September 2024)£-179k(-90.8%)
MAIN EXPORTER (September 2024)London Heathrow Airport£249k

This section shows exports and imports data at subnational level for United Kingdom. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United Kingdom over time.

To check Burkina Faso and United Kingdom trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burkina Faso and United Kingdom Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $36.3M to Burkina Faso. The main products exported from United Kingdom to Burkina Faso were Refined Petroleum ($17.6M), Other Plastic Products ($1.29M), and Engine Parts ($946k). During the last 5 years the exports of United Kingdom to Burkina Faso have increased at an annualized rate of 0.84%, from $34.8M in 2017 to $36.3M in 2022.

In 2017, Burkina Faso exported $7.01M to United Kingdom. The main products exported from Burkina Faso to United Kingdom were Tropical Fruits ($5.02M), Coconuts, Brazil Nuts, and Cashews ($407k), and Paper Containers ($198k). During the last 5 years the exports of Burkina Faso to United Kingdom have decreased at an annualized rate of 7.98%, from $13.6M in 2022 to $7.01M in 2017.

Exports from United Kingdom (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top DestinationUnited States$61.8B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from United Kingdom than Burkina Faso included United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

In 2022, countries that imported more from Burkina Faso than United Kingdom included Mali ($304M), Niger ($32.6M), and Rwanda ($36.4M).

Difference in imports from Burkina Faso (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Burkina Faso

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Burkina Faso in the exports of Mineral Products ($17.6M), Machines ($7.13M), and Metals ($2.09M).

During 2017, Burkina Faso had a large net trade with United Kingdom in the exports of Vegetable Products ($5.75M), Machines ($376k), and Foodstuffs ($218k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Kingdom Burkina Faso+$13.6MRefined Petroleum
Top Product Potential Burkina Faso United Kingdom+$2.13MTropical Fruits

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

Product Space of United Kingdom (Flag) and Burkina Faso (Flag) (2022)

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