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2023
Flag → Flag
Exports $27.7MRnk 132 / 213
2023
Flag → Flag
Top Product $11.7MPalm Oil
2023
Flag → Flag
Exports $775kRnk 48 / 125
2023
Flag → Flag
Top Product $367kRefined Petroleum
2023
Flag
Economic Complexity (ECI) ECI -0.085Rnk 65 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$1.37TCURRENT US$
Rnk 16 / 195
2013-2023
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 75 / 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 $4,876CURRENT US$
Rnk 123 / 195
2013-2023
Flag
GDP PC GROWTH36.7%CURRENT US$
Rnk 66 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Indonesia-Burkina Faso Trade: In 2023, Indonesia exported $27.7M to Burkina Faso. The main products that Indonesia exported to Burkina Faso were Palm Oil ($11.7M), Motorcycles and cycles ($3.21M), and Stone Processing Machines ($2.95M). Over the past 5 years the exports of Indonesia to Burkina Faso have increased at an annualized rate of 5.12%, from $21.6M in 2018 to $27.7M in 2023.

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

Burkina Faso-Indonesia Trade: In 2023, Burkina Faso exported $775k to Indonesia. The main products that Burkina Faso exported to Indonesia were Refined Petroleum ($367k), Raw Cotton ($242k), and Slag Dross ($153k). Over the past 5 years the exports of Burkina Faso to Indonesia have decreased at an annualized rate of 39.8%,  from $16.3M in 2018 to $775k in 2023.

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

Comparison: In 2023,  Indonesia ranked 65 in the Economic Complexity Index (ECI -0.085), and 27 in total exports ($299B). 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, Indonesia exported $27.7M to Burkina Faso. The main products exported from Indonesia to Burkina Faso were Palm Oil ($11.7M), Motorcycles and cycles ($3.21M), and Stone Processing Machines ($2.95M). During the last 5 years the exports of Indonesia to Burkina Faso have increased at an annualized rate of 5.12%, from $21.6M in 2018 to $27.7M in 2023.

In 2018, Burkina Faso exported $775k to Indonesia. The main products exported from Burkina Faso to Indonesia were Refined Petroleum ($367k), Raw Cotton ($242k), and Slag Dross ($153k). During the last 5 years the exports of Burkina Faso to Indonesia have decreased at an annualized rate of 39.8%, from $16.3M in 2023 to $775k in 2018.

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

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

Latest Data

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

Indonesia Exports

Burkina Faso Exports

Market Competitiveness

Color
Indonesia
Top DestinationChina$70.7B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Indonesia than Burkina Faso included China ($70.7B), United States ($27.9B), and India ($24B).

In 2023, countries that imported more from Burkina Faso than Indonesia included Switzerland ($6B), Mali ($268M), and Cote d'Ivoire ($136M).

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

Comparative Advantage Indonesia - Burkina Faso

Flow
Scale

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

During 2023, Indonesia had a large net trade with Burkina Faso in the exports of Animal and Vegetable Bi-Products ($11.9M), Transportation ($4.9M), and Machines ($3.58M).

During 2018, Burkina Faso had a large net trade with Indonesia in the exports of Mineral Products ($520k), Textiles ($242k), and Transportation ($10.5k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Indonesia Burkina Faso+$1.53MCars
Top Product Potential Burkina Faso Indonesia+$5.27MRaw Cotton

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

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

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