2022
Flag  
GDP
$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH
-32.5%CURRENT US$
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2022
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 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH
-31.2%CURRENT US$
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2022
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GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
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GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Japan-Burkina Faso Trade: In 2022, Japan exported $48.7M to Burkina Faso. The main products that Japan exported to Burkina Faso were Cars ($11.7M), Delivery Trucks ($4.06M), and Excavation Machinery ($3.15M). Over the past 5 years the exports of Japan to Burkina Faso have decreased at an annualized rate of 1.3%, from $52M in 2017 to $48.7M in 2022.

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

Burkina Faso-Japan Trade: In 2022, Burkina Faso exported $37.3M to Japan. The main products that Burkina Faso exported to Japan were Other Oily Seeds ($33.5M), Non-Iron and Steel Slag, Ash and Residues ($3.2M), and Basketwork ($205k). Over the past 5 years the exports of Burkina Faso to Japan have decreased at an annualized rate of 0.7%,  from $38.6M in 2017 to $37.3M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $48.7M to Burkina Faso. The main products exported from Japan to Burkina Faso were Cars ($11.7M), Delivery Trucks ($4.06M), and Excavation Machinery ($3.15M). During the last 5 years the exports of Japan to Burkina Faso have decreased at an annualized rate of 1.3%, from $52M in 2017 to $48.7M in 2022.

In 2017, Burkina Faso exported $37.3M to Japan. The main products exported from Burkina Faso to Japan were Other Oily Seeds ($33.5M), Non-Iron and Steel Slag, Ash and Residues ($3.2M), and Basketwork ($205k). During the last 5 years the exports of Burkina Faso to Japan have decreased at an annualized rate of 0.7%, from $38.6M in 2022 to $37.3M in 2017.

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

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

Market Competitiveness

Color
Japan
Top Destination
United States$137B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2022, countries that imported more from Japan than Burkina Faso included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Burkina Faso than Japan included Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

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

Comparative Advantage Japan - Burkina Faso

Flow
Scale

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

During 2022, Japan had a large net trade with Burkina Faso in the exports of Transportation ($20.8M), Machines ($15.6M), and Plastics and Rubbers ($3.32M).

During 2017, Burkina Faso had a large net trade with Japan in the exports of Vegetable Products ($33.6M), Mineral Products ($3.2M), and Wood Products ($211k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Burkina Faso+$7.9MCars
Top Product Potential Burkina Faso Japan+$1.96MPrecious Metal Scraps

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

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

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