2022
Flag  
GDP
$15.7BCURRENT US$
Rnk 128 / 186
2012-2022
Flag
GDP GROWTH
54.3%CURRENT US$
Rnk 52 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$2,088CURRENT US$
Rnk 149 / 186
2012-2022
Flag
GDP PC GROWTH
33.4%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Laos-Burkina Faso In 2022, Laos exported $35.7k to Burkina Faso. The main products that Laos exported to Burkina Faso are Broadcasting Equipment ($17.3k), Video Displays ($17.1k), and Microphones and Headphones ($1.25k). During the last 22 years the exports of Laos to Burkina Faso have increased at an annualized rate of 29.9%, from $112 in 2000 to $35.7k in 2022.

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

Burkina Faso-Laos In 2022, Burkina Faso exported $3.92k to Laos. The main products that Burkina Faso exported to Laos were N/A. During the last 22 years the exports of Burkina Faso to Laos have increased at an annualized rate of 3.63%, from $1.79k in 2000 to $3.92k in 2022.

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

Comparison In 2022,  Laos ranked 95 in the Economic Complexity Index (ECI -0.83), and 106 in total exports ($9.36B). That same year, Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Laos exported $35.7k to Burkina Faso. The main products exported from Laos to Burkina Faso were Broadcasting Equipment ($17.3k), Video Displays ($17.1k), and Microphones and Headphones ($1.25k). During the last 22 years the exports of Laos to Burkina Faso have increased at an annualized rate of 29.9%, from $112 in 2000 to $35.7k in 2022.

In 2021, Burkina Faso exported $3.92k to Laos. There were not main exports from Burkina Faso to Laos in 2021. During the last 3 years the exports of Burkina Faso to Laos have increased at an annualized rate of 3.63%, from $1.79k in 2018 to $3.92k in 2021.

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

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

Market Competitiveness

Color
Laos
Top Destination
Thailand$3.29B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2021, countries that imported more from Laos than Burkina Faso were Thailand ($3.29B), China ($2.73B), and Vietnam ($978M).

In 2021, countries that imported more from Burkina Faso than Laos were Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

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

Comparative Advantage Laos - Burkina Faso

Flow
Scale

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

During 2022, Laos had a large net trade with Burkina Faso in the exports of Machines ($35.7k).

During 2021, Burkina Faso had a large net trade with Laos in the exports of .

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Laos has comparative advantage over Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over Laos.

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

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