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Pricing

2022
Flag → Flag
Exports $1.19MRnk 20 / 86
2022
Flag → Flag
Top Product $974kCars
2022
Flag → Flag
Exports $70.9kRnk 84 / 131
2022
Flag → Flag
Top Product $70.9kOther Oily Seeds
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

North Korea-Burkina Faso Trade: In 2022, North Korea exported $1.19M to Burkina Faso. The main products that North Korea exported to Burkina Faso were Cars ($974k), Refined Petroleum ($51.7k), and Propylene Polymers ($36.6k). Over the past 5 years the exports of North Korea to Burkina Faso have decreased at an annualized rate of 29.8%, from $6.97M in 2017 to $1.19M in 2022.

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

Burkina Faso-North Korea Trade: In 2022, Burkina Faso exported $70.9k to North Korea. The main products that Burkina Faso exported to North Korea were Other Oily Seeds ($70.9k). Over the past 5 years the exports of Burkina Faso to North Korea have decreased at an annualized rate of 30%,  from $422k in 2017 to $70.9k in 2022.

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

Comparison In 2022,  North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. 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, North Korea exported $1.19M to Burkina Faso. The main products exported from North Korea to Burkina Faso were Cars ($974k), Refined Petroleum ($51.7k), and Propylene Polymers ($36.6k). During the last 5 years the exports of North Korea to Burkina Faso have decreased at an annualized rate of 29.8%, from $6.97M in 2017 to $1.19M in 2022.

In 2017, Burkina Faso exported $70.9k to North Korea. The main products exported from Burkina Faso to North Korea were Other Oily Seeds ($70.9k). During the last 5 years the exports of Burkina Faso to North Korea have decreased at an annualized rate of 30%, from $422k in 2022 to $70.9k in 2017.

Exports from North Korea (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to North Korea (Flag) (2022)

Market Competitiveness

Color
North Korea
Top DestinationChina$131M
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from North Korea than Burkina Faso included China ($131M), Nigeria ($14M), and Senegal ($26.9M).

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

Difference in imports from Burkina Faso (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Burkina Faso

Flow
Scale

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

During 2022, North Korea had a large net trade with Burkina Faso in the exports of Transportation ($1.01M), Mineral Products ($51.7k), and Plastics and Rubbers ($51.1k).

During 2017, Burkina Faso had a large net trade with North Korea in the exports of Vegetable Products ($70.9k).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Burkina Faso (Flag) (2022)

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