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2021
Flag → Flag
Exports $2kRnk 15 / 0
2021
Flag → Flag
Exports $7.3kRnk 105 / 131
2021
Flag → Flag
Top Product $7.3kElectrical Transformers
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$1.63BCURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP GROWTH65.1%CURRENT US$
Rnk 36 / 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 $776CURRENT US$
Rnk 175 / 186
2012-2022
Flag
GDP PC GROWTH29.6%CURRENT US$
Rnk 64 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Guinea-Bissau-Burkina Faso Trade: In 2021, Guinea-Bissau exported $2k 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 24.6%, from $59.2k in 2009 to $2k in 2021.

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

Burkina Faso-Guinea-Bissau Trade: In 2021, Burkina Faso exported $7.3k to Guinea-Bissau. The main products that Burkina Faso exported to Guinea-Bissau were Electrical Transformers ($7.3k). Over the past 12 years the exports of Burkina Faso to Guinea-Bissau have increased at an annualized rate of 17.1%,  from $3.31k in 2009 to $7.3k in 2021.

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

Comparison In 2022,  Guinea-Bissau ranked 184 in total exports ($221M), and does not have data regarding Economic Complexity Index. 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 2021, Guinea-Bissau exported $2k 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 24.6%, from $59.2k in 2009 to $2k in 2021.

In 2017, Burkina Faso exported $7.3k to Guinea-Bissau. The main products exported from Burkina Faso to Guinea-Bissau were Electrical Transformers ($7.3k). During the last 5 years the exports of Burkina Faso to Guinea-Bissau have increased at an annualized rate of 17.1%, from $3.31k in 2022 to $7.3k 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$203M
Burkina Faso
Top DestinationSwitzerland$6.08B

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 2022, countries that imported more from Guinea-Bissau than Burkina Faso included India ($203M), Chile ($606k), and Brazil ($381k).

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

Difference in imports from Burkina Faso (Flag) and Guinea-Bissau (Flag) (2022)

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 Machines ($7.3k).

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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