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2022
Flag → Flag
Exports $706kRnk 149 / 194
2022
Flag → Flag
Top Product $459kTea
2022
Flag → Flag
Exports $927MRnk 129 / 131
2022
Flag → Flag
Top Product $7Tea
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 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 $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Sri Lanka-Burkina Faso Trade: In 2022, Sri Lanka exported $706k to Burkina Faso. The main products that Sri Lanka exported to Burkina Faso were Tea ($459k), Coffee ($122k), and Baked Goods ($36.9k). Over the past 5 years the exports of Sri Lanka to Burkina Faso have decreased at an annualized rate of 11.4%, from $1.3M in 2017 to $706k in 2022.

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

Burkina Faso-Sri Lanka In N/A, Burkina Faso did not export any products to Sri Lanka.

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

Comparison: In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). 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, Sri Lanka exported $706k to Burkina Faso. The main products exported from Sri Lanka to Burkina Faso were Tea ($459k), Coffee ($122k), and Baked Goods ($36.9k). During the last 5 years the exports of Sri Lanka to Burkina Faso have decreased at an annualized rate of 11.4%, from $1.3M in 2017 to $706k in 2022.

Burkina Faso does not register exports to Sri Lanka. The main products exported from Burkina Faso to Sri Lanka were Tea ($7) and Perfume Plants ($5).

Exports from Sri Lanka (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and Burkina Faso (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Sri Lanka than Burkina Faso included United States ($3.52B), United Kingdom ($1.04B), and India ($1.12B).

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

Difference in imports from Burkina Faso (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Burkina Faso

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Burkina Faso in the exports of Vegetable Products ($582k), Foodstuffs ($60.3k), and Plastics and Rubbers ($35k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Burkina Faso+$102kTea
Top Product Potential Burkina Faso Sri Lanka+$4.93kGold

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

Product Space of Sri Lanka (Flag) and Burkina Faso (Flag) (2022)

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