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Pricing

2022
Flag → Flag
Exports $83.2MRnk 126 / 221
2022
Flag → Flag
Top Product $15.4MProcessed Tomatoes
2022
Flag → Flag
Exports $28.6MRnk 20 / 131
2022
Flag → Flag
Top Product $24.8MGold
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
Flag
GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 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 $34,158CURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Italy-Burkina Faso Trade: In 2022, Italy exported $83.2M to Burkina Faso. The main products that Italy exported to Burkina Faso were Processed Tomatoes ($15.4M), Pasta ($7.81M), and Other Iron Products ($6.9M). Over the past 5 years the exports of Italy to Burkina Faso have increased at an annualized rate of 2.97%, from $71.9M in 2017 to $83.2M in 2022.

In 2022, Italy did not export any services to Burkina Faso.

Burkina Faso-Italy Trade: In 2022, Burkina Faso exported $28.6M to Italy. The main products that Burkina Faso exported to Italy were Gold ($24.8M), Soybeans ($1.35M), and Raw Cotton ($1.16M). Over the past 5 years the exports of Burkina Faso to Italy have decreased at an annualized rate of 0.47%,  from $29.3M in 2017 to $28.6M in 2022.

In 2022, Burkina Faso 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, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Latest Trends

N/A

About

Overview In N/A, Italy exported €N/A and imported €N/A from Burkina Faso, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Italy have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Italy to Burkina Faso were N/A. In N/A the top imports of Italy from Burkina Faso were .

Growth In N/A, the N/A in Italy's year-by-year exports to Burkina Faso was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Burkina Faso was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Burkina Faso and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burkina Faso and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $83.2M to Burkina Faso. The main products exported from Italy to Burkina Faso were Processed Tomatoes ($15.4M), Pasta ($7.81M), and Other Iron Products ($6.9M). During the last 5 years the exports of Italy to Burkina Faso have increased at an annualized rate of 2.97%, from $71.9M in 2017 to $83.2M in 2022.

In 2017, Burkina Faso exported $28.6M to Italy. The main products exported from Burkina Faso to Italy were Gold ($24.8M), Soybeans ($1.35M), and Raw Cotton ($1.16M). During the last 5 years the exports of Burkina Faso to Italy have decreased at an annualized rate of 0.47%, from $29.3M in 2022 to $28.6M in 2017.

Exports from Italy (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

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

In 2022, countries that imported more from Burkina Faso than Italy included Mali ($304M), Niger ($32.6M), and Rwanda ($36.4M).

Difference in imports from Burkina Faso (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Burkina Faso

Flow
Scale

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

During 2022, Italy had a large net trade with Burkina Faso in the exports of Foodstuffs ($25M), Machines ($19.3M), and Metals ($11.6M).

During 2017, Burkina Faso had a large net trade with Italy in the exports of Precious Metals ($24.8M), Vegetable Products ($2.35M), and Textiles ($1.25M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Burkina Faso+$2.55MPackaged Medicaments
Top Product Potential Burkina Faso Italy+$46MGold

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

Product Space of Italy (Flag) and Burkina Faso (Flag) (2022)

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