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Pricing

2022
Flag → Flag
Exports $39.1kRnk 123 / 173
2022
Flag → Flag
Top Product $21.7kAir Pumps
2022
Flag → Flag
Exports $52Rnk 92 / 131
2022
Flag → Flag
Top Product $21.5kExcavation Machinery
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 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 $4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Namibia-Burkina Faso Trade: In 2022, Namibia exported $39.1k to Burkina Faso. The main products that Namibia exported to Burkina Faso were Air Pumps ($21.7k), Excavation Machinery ($15.6k), and Liquid Pumps ($1.77k). Over the past 5 years the exports of Namibia to Burkina Faso have decreased at an annualized rate of 7.2%, from $56.9k in 2017 to $39.1k in 2022.

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

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

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

Comparison: In 2022,  Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). 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, Namibia exported $39.1k to Burkina Faso. The main products exported from Namibia to Burkina Faso were Air Pumps ($21.7k), Excavation Machinery ($15.6k), and Liquid Pumps ($1.77k). During the last 5 years the exports of Namibia to Burkina Faso have decreased at an annualized rate of 7.2%, from $56.9k in 2017 to $39.1k in 2022.

Burkina Faso does not register exports to Namibia. The main products exported from Burkina Faso to Namibia were Excavation Machinery ($21.5k), Other Engines ($3.7k), and Gaskets ($8).

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

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

Latest Data

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

Namibia Exports

Date

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Namibia than Burkina Faso included South Africa ($1.75B), Botswana ($672M), and China ($628M).

In 2022, countries that imported more from Burkina Faso than Namibia included Switzerland ($6.08B), Mali ($304M), and United Arab Emirates ($538M).

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

Comparative Advantage Namibia - Burkina Faso

Flow
Scale

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

During 2022, Namibia had a large net trade with Burkina Faso in the exports of Machines ($39.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Burkina Faso+$18.9kExcavation Machinery
Top Product Potential Burkina Faso Namibia+$33.4kExcavation Machinery

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

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

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