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2021
Flag → Flag
Exports $2.14kRnk 180 / 0
2021
Flag → Flag
Exports $7.24kRnk 41 / 0
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$2.05BCURRENT US$
Rnk 177 / 195
2013-2023
Flag
GDP GROWTH84.6%CURRENT US$
Rnk 25 / 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 $951CURRENT US$
Rnk 179 / 195
2013-2023
Flag
GDP PC GROWTH45.4%CURRENT US$
Rnk 52 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Guinea-Bissau-Burkina Faso Trade: In 2021, Guinea-Bissau exported $2.14k to Burkina Faso. The main products that Guinea-Bissau exported to Burkina Faso were N/A. Over the past 12 years the exports of Guinea-Bissau to Burkina Faso have decreased at an annualized rate of 24.2%, from $59.2k in 2009 to $2.14k in 2021.

In 2021, Guinea-Bissau did not export any services to Burkina Faso.

Burkina Faso-Guinea-Bissau Trade: In 2021, Burkina Faso exported $7.24k to Guinea-Bissau. The main products that Burkina Faso exported to Guinea-Bissau were N/A. Over the past 12 years the exports of Burkina Faso to Guinea-Bissau have increased at an annualized rate of 17%,  from $3.31k in 2009 to $7.24k in 2021.

In 2021, Burkina Faso did not export any services to Guinea-Bissau.

Comparison In 2023,  Guinea-Bissau ranked 194 in total exports ($109M), 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 2021, Guinea-Bissau exported $2.14k to Burkina Faso. There were not main exports from Guinea-Bissau to Burkina Faso in 2021. During the last 12 years the exports of Guinea-Bissau to Burkina Faso have decreased at an annualized rate of 24.2%, from $59.2k in 2009 to $2.14k in 2021.

In 2017, Burkina Faso exported $7.24k to Guinea-Bissau. There were not main exports from Burkina Faso to Guinea-Bissau in 2017. During the last 5 years the exports of Burkina Faso to Guinea-Bissau have increased at an annualized rate of 17%, from $3.31k in 2022 to $7.24k in 2017.

Exports from Guinea-Bissau (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Guinea-Bissau (Flag) (2022)

Market Competitiveness

Color
Guinea-Bissau
Top DestinationIndia$72.3M
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Guinea-Bissau than Burkina Faso included Chile ($10M), Ecuador ($1.67M), and Liberia ($2M).

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

Difference in imports from Burkina Faso (Flag) and Guinea-Bissau (Flag) (2023)

Comparative Advantage Guinea-Bissau - Burkina Faso

Flow
Scale

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

During 2021, Guinea-Bissau had a large net trade with Burkina Faso in the exports of .

During 2017, Burkina Faso had a large net trade with Guinea-Bissau in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Guinea-Bissau (Flag) and Burkina Faso (Flag) (2022)

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