2022
Flag  
GDP
$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH
-3.67%CURRENT US$
Rnk 169 / 186
2022
Flag
 GDP
$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH
31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC 
$34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH
-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC
$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH
0.099%CURRENT US$
Rnk 140 / 186

About

Italy-Burundi Trade: In 2022, Italy exported $9.8M to Burundi. The main products that Italy exported to Burundi were Industrial Food Preperation Machinery ($1.73M), Raw Iron Bars ($860k), and Other Pure Vegetable Oils ($505k). Over the past 5 years the exports of Italy to Burundi have increased at an annualized rate of 7.37%, from $6.87M in 2017 to $9.8M in 2022.

In 2022, Italy did not export any services to Burundi.

Burundi-Italy Trade: In 2022, Burundi exported $1.19M to Italy. The main products that Burundi exported to Italy were Coffee ($667k), Tanned Goat Hides ($444k), and Tanned Equine and Bovine Hides ($61.8k). Over the past 5 years the exports of Burundi to Italy have decreased at an annualized rate of 13%,  from $2.38M in 2017 to $1.19M in 2022.

In 2022, Burundi did not export any services to Italy.

Comparison In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29),  and 7 in total exports ($634B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $9.8M to Burundi. The main products exported from Italy to Burundi were Industrial Food Preperation Machinery ($1.73M), Raw Iron Bars ($860k), and Other Pure Vegetable Oils ($505k). During the last 5 years the exports of Italy to Burundi have increased at an annualized rate of 7.37%, from $6.87M in 2017 to $9.8M in 2022.

In 2017, Burundi exported $1.19M to Italy. The main products exported from Burundi to Italy were Coffee ($667k), Tanned Goat Hides ($444k), and Tanned Equine and Bovine Hides ($61.8k). During the last 5 years the exports of Burundi to Italy have decreased at an annualized rate of 13%, from $2.38M in 2022 to $1.19M in 2017.

Exports from Italy (Flag) to Burundi (Flag) (2022)

Exports from Burundi (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top Destination
Germany$78.5B
Burundi
Top Destination
United Arab Emirates$59.9M

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

In 2022, countries that imported more from Italy than Burundi included Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2022, no countries were registered that imported more from Burundi than from Italy.

Difference in imports from Burundi (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Burundi

Flow
Scale

This chart compares trade between Italy and Burundi by product, considering products traded by both, Italy and Burundi.

During 2022, Italy had a large net trade with Burundi in the exports of Machines ($4.62M), Metals ($1.25M), and Foodstuffs ($1.13M).

During 2017, Burundi had a large net trade with Italy in the exports of Vegetable Products ($667k), Animal Hides ($506k), and Transportation ($7.35k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Burundi+$467kPackaged Medicaments
Top Product Potential Burundi Italy+$1.54MCoffee

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 Italy and Burundi. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Burundi. Similarly, a dot/product with the flag of Burundi indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Burundi (Flag) (2022)

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