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2023
Flag → Flag
Exports $1.36MRnk 112 / 191
2023
Flag → Flag
Top Product $730kPaper Labels
2023
Flag → Flag
Exports $1.61kRnk 113 / 125
2023
Flag → Flag
Top Product $934Other Pure Vegetable Oils
2023
Flag
Economic Complexity (ECI) ECI 0.76Rnk 34 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 74 / 195
2013-2023
Flag
GDP GROWTH41%CURRENT US$
Rnk 92 / 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 $21,865CURRENT US$
Rnk 60 / 195
2013-2023
Flag
GDP PC GROWTH54.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Croatia-Burkina Faso Trade: In 2023, Croatia exported $1.36M to Burkina Faso. The main products that Croatia exported to Burkina Faso were Paper Labels ($730k), Malt ($368k), and Milk ($152k). Over the past 5 years the exports of Croatia to Burkina Faso have increased at an annualized rate of 14.6%, from $688k in 2018 to $1.36M in 2023.

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

Burkina Faso-Croatia Trade: In 2023, Burkina Faso exported $1.61k to Croatia. The main products that Burkina Faso exported to Croatia were Other Pure Vegetable Oils ($934), Electrical Capacitors ($347), and Electrical Resistors ($272). Over the past 5 years the exports of Burkina Faso to Croatia have increased at an annualized rate of 11.1%,  from $857 in 2018 to $1.61k in 2023.

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

Comparison: In 2023,  Croatia ranked 34 in the Economic Complexity Index (ECI 0.76), and 75 in total exports ($22.5B). 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, Croatia exported $1.36M to Burkina Faso. The main products exported from Croatia to Burkina Faso were Paper Labels ($730k), Malt ($368k), and Milk ($152k). During the last 5 years the exports of Croatia to Burkina Faso have increased at an annualized rate of 14.6%, from $688k in 2018 to $1.36M in 2023.

In 2018, Burkina Faso exported $1.61k to Croatia. The main products exported from Burkina Faso to Croatia were Other Pure Vegetable Oils ($934), Electrical Capacitors ($347), and Electrical Resistors ($272). During the last 5 years the exports of Burkina Faso to Croatia have increased at an annualized rate of 11.1%, from $857 in 2023 to $1.61k in 2018.

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

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

Latest Data

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

Croatia Exports

Market Competitiveness

Color
Croatia
Top DestinationItaly$3.05B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Croatia than Burkina Faso included Italy ($3.05B), Germany ($2.58B), and Slovenia ($2.45B).

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

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

Comparative Advantage Croatia - Burkina Faso

Flow
Scale

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

During 2023, Croatia had a large net trade with Burkina Faso in the exports of Paper Goods ($730k), Vegetable Products ($368k), and Animal Products ($152k).

During 2018, Burkina Faso had a large net trade with Croatia in the exports of Animal and Vegetable Bi-Products ($934) and Machines ($674).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Croatia Burkina Faso+$204kInsulated Wire
Top Product Potential Burkina Faso Croatia+$4.88kGold

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

Product Space of Croatia (Flag) and Burkina Faso (Flag) (2023)

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