2023
Flag
 GDP
$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH
51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC
$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195

About

Lebanon-Burkina Faso Trade: In 2023, Lebanon exported $4.26M to Burkina Faso. The main products that Lebanon exported to Burkina Faso were Sauces and Seasonings ($443k), Leather Footwear ($287k), and Iron Structures ($280k). Over the past 5 years the exports of Lebanon to Burkina Faso have decreased at an annualized rate of 9.54%, from $7.03M in 2018 to $4.26M in 2023.

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

Burkina Faso-Lebanon Trade: In 2023, Burkina Faso exported $99.9k to Lebanon. The main products that Burkina Faso exported to Lebanon were Coconuts, Brazil Nuts, and Cashews ($79.5k), Other Furniture ($4.68k), and Video Displays ($3.92k). Over the past 5 years the exports of Burkina Faso to Lebanon have increased at an annualized rate of 5.98%,  from $62.8k in 2018 to $99.9k in 2023.

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

Comparison: In 2023,  Lebanon ranked 45 in the Economic Complexity Index (ECI 0.42), and 130 in total exports ($4.94B). 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, Lebanon exported $4.26M to Burkina Faso. The main products exported from Lebanon to Burkina Faso were Sauces and Seasonings ($443k), Leather Footwear ($287k), and Iron Structures ($280k). During the last 6 years the exports of Lebanon to Burkina Faso have decreased at an annualized rate of 37.8%, from $54.7k in 2017 to $4.26M in 2023.

In 2018, Burkina Faso exported $99.9k to Lebanon. The main products exported from Burkina Faso to Lebanon were Coconuts, Brazil Nuts, and Cashews ($79.5k), Other Furniture ($4.68k), and Video Displays ($3.92k). During the last 5 years the exports of Burkina Faso to Lebanon have increased at an annualized rate of 21.2%, from $33.6k in 2023 to $99.9k in 2018.

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

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

Latest Data

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

Burkina Faso Exports

Market Competitiveness

Color
Lebanon
Top Destination
United Arab Emirates$1.3B
Burkina Faso
Top Destination
Switzerland$6B

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

In 2023, countries that imported more from Lebanon than Burkina Faso included United Arab Emirates ($1.3B), Egypt ($340M), and Iraq ($236M).

In 2023, countries that imported more from Burkina Faso than Lebanon included Switzerland ($6B), Mali ($268M), and India ($271M).

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

Comparative Advantage Lebanon - Burkina Faso

Flow
Scale

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

During 2023, Lebanon had a large net trade with Burkina Faso in the exports of Machines ($1.09M), Foodstuffs ($757k), and Metals ($734k).

During 2018, Burkina Faso had a large net trade with Lebanon in the exports of Vegetable Products ($79.5k), Machines ($7.26k), and Miscellaneous ($5.72k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Lebanon and Burkina Faso. This means that a dot/product with the flag of Lebanon 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 Lebanon.

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

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