2023
Flag  
GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 195
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 
$1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC
$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195

About

Pakistan-Burkina Faso Trade: In 2023, Pakistan exported $5.14M to Burkina Faso. The main products that Pakistan exported to Burkina Faso were Cement ($2.5M), Packaged Medicaments ($784k), and Awnings, Tents, and Sails ($712k). Over the past 5 years the exports of Pakistan to Burkina Faso have increased at an annualized rate of 13.7%, from $2.7M in 2018 to $5.14M in 2023.

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

Burkina Faso-Pakistan Trade: In 2023, Burkina Faso exported $4.21M to Pakistan. The main products that Burkina Faso exported to Pakistan were Raw Cotton ($3.99M), Unprocessed Artificial Staple Fibers ($180k), and Pesticides ($38.6k). Over the past 5 years the exports of Burkina Faso to Pakistan have increased at an annualized rate of 79.4%,  from $227k in 2018 to $4.21M in 2023.

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

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). 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, Pakistan exported $5.14M to Burkina Faso. The main products exported from Pakistan to Burkina Faso were Cement ($2.5M), Packaged Medicaments ($784k), and Awnings, Tents, and Sails ($712k). During the last 5 years the exports of Pakistan to Burkina Faso have increased at an annualized rate of 13.7%, from $2.7M in 2018 to $5.14M in 2023.

In 2018, Burkina Faso exported $4.21M to Pakistan. The main products exported from Burkina Faso to Pakistan were Raw Cotton ($3.99M), Unprocessed Artificial Staple Fibers ($180k), and Pesticides ($38.6k). During the last 5 years the exports of Burkina Faso to Pakistan have increased at an annualized rate of 79.4%, from $227k in 2023 to $4.21M in 2018.

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

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

Latest Data

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

Pakistan Exports

Market Competitiveness

Color
Pakistan
Top Destination
United States$5.18B
Burkina Faso
Top Destination
Switzerland$6B

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

In 2023, countries that imported more from Pakistan than Burkina Faso included United States ($5.18B), China ($3.4B), and United Arab Emirates ($3.7B).

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

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

Comparative Advantage Pakistan - Burkina Faso

Flow
Scale

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

During 2023, Pakistan had a large net trade with Burkina Faso in the exports of Mineral Products ($2.5M), Textiles ($827k), and Chemical Products ($784k).

During 2018, Burkina Faso had a large net trade with Pakistan in the exports of Textiles ($4.17M) and Chemical Products ($38.6k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Burkina Faso+$1.59MRice
Top Product Potential Burkina Faso Pakistan+$9.52MRaw Cotton

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

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

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