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2023
Flag → Flag
Exports $61MRnk 67 / 205
2023
Flag → Flag
Top Product $59.8MRefined Petroleum
2023
Flag → Flag
Exports $91.7kRnk 73 / 125
2023
Flag → Flag
Top Product $41.8kTropical Fruits
2023
Flag
Economic Complexity (ECI) ECI 0.47Rnk 44 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$485BCURRENT US$
Rnk 31 / 195
2013-2023
Flag
GDP GROWTH-7.74%CURRENT US$
Rnk 180 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $87,925CURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP PC GROWTH-15.1%CURRENT US$
Rnk 171 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Norway-Burkina Faso Trade: In 2023, Norway exported $61M to Burkina Faso. The main products that Norway exported to Burkina Faso were Refined Petroleum ($59.8M), Surveying Equipment ($254k), and Prefabricated Buildings ($137k). Over the past 5 years the exports of Norway to Burkina Faso have increased at an annualized rate of 4.2%, from $49.6M in 2018 to $61M in 2023.

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

Burkina Faso-Norway Trade: In 2023, Burkina Faso exported $91.7k to Norway. The main products that Burkina Faso exported to Norway were Tropical Fruits ($41.8k), Other Processed Fruits and Nuts ($28.5k), and Interchangeable Tool Parts ($11.4k). Over the past 5 years the exports of Burkina Faso to Norway have decreased at an annualized rate of 24%,  from $360k in 2018 to $91.7k in 2023.

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

Comparison: In 2023,  Norway ranked 44 in the Economic Complexity Index (ECI 0.47), and 33 in total exports ($187B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Latest Trends

January, 2025

About

Overview In January 2025, Norway exported NOK210k and imported NOK137k from Burkina Faso, resulting in a positive trade balance of NOK73k. Between January 2024 and January 2025 the exports of Norway have decreased by NOK-6k (-2.78%) from NOK216k to NOK210k, while imports increased by NOK112k (448%) from NOK25k to NOK137k.

Trade In January 2025, the top exports of Norway to Burkina Faso were Prefabricated buildings; sanitary, plumbing, heating and... (NOK141k), Machinery specialized for particular industries (NOK44k), General industrial machinery and equipment, n.e.s.,... (NOK31k), Live animals other than animals of... (NOK0), and Meat and meat preparations (NOK0). In January 2025 the top imports of Norway from Burkina Faso were Vegetables and fruit (NOK25k), Live animals other than animals of... (NOK0), Meat and meat preparations (NOK0), Dairy products and birds' eggs (NOK0), and Fish (not marine mammals), crustaceans, molluscs... (NOK0).

Growth In January 2025, the decrease in Norway's year-by-year exports to Burkina Faso was explained primarily by an decrease in product exports in Machinery specialized for particular industries (NOK-26k or -37.1%) and Miscellaneous manufactured articles, n.e.s. (NOK-20k or -100%). In January 2025, the increase in Norway's year-by-year imports  from Burkina Faso was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
EXPORT GROWTH (January 2024 - January 2025)NOK-6k(-2.78%)
IMPORT GROWTH (January 2024 - January 2025)NOK112k(448%)

This section shows exports and imports data at subnational level for Norway. Click any date in the line plot or any product to explore the exports or imports behavior of Norway over time.

To check Burkina Faso and Norway trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burkina Faso and Norway Data

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Historical Data

Market Competitiveness

Color
Norway
Top DestinationGermany$33.8B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Norway than Burkina Faso included Germany ($33.8B), United Kingdom ($32.6B), and Sweden ($15.9B).

In 2023, countries that imported more from Burkina Faso than Norway included Switzerland ($6B), United Arab Emirates ($815M), and Mali ($268M).

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Norway Burkina Faso+$5.37MRefined Petroleum
Top Product Potential Burkina Faso Norway+$74.9kTropical Fruits

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

Product Space of Norway (Flag) and Burkina Faso (Flag) (NaN)

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