North Korea (PRK) and Burkina Faso (BFA) Trade | The Observatory of Economic Complexity

2023

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Exports $1.02MRnk 20 / 82

2023

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About

North Korea-Burkina Faso Trade: In 2023, North Korea exported $1.02M to Burkina Faso. The main products that North Korea exported to Burkina Faso were Cars ($654k), Detonating Fuses ($139k), and Other Nitrogen Compounds ($88.7k). Over the past 5 years the exports of North Korea to Burkina Faso have decreased at an annualized rate of 25.7%, from $4.48M in 2018 to $1.02M in 2023.

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

Burkina Faso-North Korea Trade: In 2023, Burkina Faso exported $70.3k to North Korea. The main products that Burkina Faso exported to North Korea were N/A. Over the past 5 years the exports of Burkina Faso to North Korea have decreased at an annualized rate of 30.1%, from $422k in 2018 to $70.3k in 2023.

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

Comparison In 2023, North Korea ranked 172 in total exports ($397M), and does not have data regarding Economic Complexity Index. That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Historical Data

Market Competitiveness

Color

Exports

Export Growth

Section

Year

North Korea
Top DestinationChina$292M

Burkina Faso
Top DestinationSwitzerland$6B

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 2023, countries that imported more from North Korea than Burkina Faso included China ($292M), Angola ($10.2M), and Poland ($10.3M).

In 2023, countries that imported more from Burkina Faso than North Korea included Switzerland ($6B), United Arab Emirates ($815M), and India ($271M).

Difference in imports from Burkina Faso () and North Korea () (2023)

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.