2023
Flag  
GDP
$12.3BCURRENT US$
Rnk 146 / 195
2013-2023
Flag
GDP GROWTH
-43.8%CURRENT US$
Rnk 195 / 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 
$6,678CURRENT US$
Rnk 108 / 195
2013-2023
Flag
GDP PC GROWTH
-59%CURRENT US$
Rnk 195 / 195
2023
Flag
GDP PC
$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195

About

Equatorial Guinea-Burkina Faso Trade: In 2023, Equatorial Guinea exported $3.34M to Burkina Faso. The main products that Equatorial Guinea exported to Burkina Faso were Petroleum Gas ($3.34M). Over the past 5 years the exports of Equatorial Guinea to Burkina Faso have increased at an annualized rate of 56.4%, from $358k in 2018 to $3.34M in 2023.

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

Burkina Faso-Equatorial Guinea Trade: In 2023, Burkina Faso exported $3.48k to Equatorial Guinea. The main products that Burkina Faso exported to Equatorial Guinea were N/A. Over the past 5 years the exports of Burkina Faso to Equatorial Guinea have increased at an annualized rate of 38.5%,  from $683 in 2018 to $3.48k in 2023.

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

Comparison In 2023,  Equatorial Guinea ranked 127 in total exports ($5.13B), 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 2023, Equatorial Guinea exported $3.34M to Burkina Faso. The main products exported from Equatorial Guinea to Burkina Faso were Petroleum Gas ($3.34M). During the last 5 years the exports of Equatorial Guinea to Burkina Faso have increased at an annualized rate of 56.4%, from $358k in 2018 to $3.34M in 2023.

In 2015, Burkina Faso exported $3.48k to Equatorial Guinea. There were not main exports from Burkina Faso to Equatorial Guinea in 2015. During the last 5 years the exports of Burkina Faso to Equatorial Guinea have increased at an annualized rate of 38.5%, from $683 in 2020 to $3.48k in 2015.

Exports from Equatorial Guinea (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to Equatorial Guinea (Flag) (2023)

Latest Data

Trade between Equatorial Guinea (Flag) and Burkina Faso (Flag)

Burkina Faso Exports

Date

Market Competitiveness

Color
Equatorial Guinea
Top Destination
China$1.37B
Burkina Faso
Top Destination
Switzerland$6B

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

In 2023, countries that imported more from Equatorial Guinea than Burkina Faso included China ($1.37B), Netherlands ($635M), and Spain ($531M).

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

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

Comparative Advantage Equatorial Guinea - Burkina Faso

Flow
Scale

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

During 2023, Equatorial Guinea had a large net trade with Burkina Faso in the exports of Mineral Products ($3.34M).

During 2015, Burkina Faso had a large net trade with Equatorial Guinea in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Equatorial Guinea Burkina Faso+$1.75MPetroleum Gas
Top Product Potential Burkina Faso Equatorial Guinea+$1.73kCement

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 Equatorial Guinea and Burkina Faso. This means that a dot/product with the flag of Equatorial Guinea 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 Equatorial Guinea.

Product Space of Equatorial Guinea (Flag) and Burkina Faso (Flag) (2023)

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