NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $11.9MRnk 120 / 211
2023
Flag → Flag
Top Product $4.04MFlavored Water
2023
Flag → Flag
Exports $1.01MRnk 42 / 125
2023
Flag → Flag
Top Product $991kRaw Cotton
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 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 $27,331CURRENT US$
Rnk 50 / 195
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Portugal-Burkina Faso Trade: In 2023, Portugal exported $11.9M to Burkina Faso. The main products that Portugal exported to Burkina Faso were Flavored Water ($4.04M), Iron Gas Containers ($1.96M), and Water and Gas Generators ($820k). Over the past 5 years the exports of Portugal to Burkina Faso have decreased at an annualized rate of 8.44%, from $18.4M in 2018 to $11.9M in 2023.

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

Burkina Faso-Portugal Trade: In 2023, Burkina Faso exported $1.01M to Portugal. The main products that Burkina Faso exported to Portugal were Raw Cotton ($991k), Paintings ($4.47k), and Knit T-shirts ($3.4k). Over the past 5 years the exports of Burkina Faso to Portugal have decreased at an annualized rate of 13.2%,  from $2.04M in 2018 to $1.01M in 2023.

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

Comparison: In 2023,  Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B). That same year, Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B).

Latest Trends

December, 2024

About

Overview In December 2024, Portugal exported €464k and imported €60 from Burkina Faso, resulting in a positive trade balance of €464k. Between December 2023 and December 2024 the exports of Portugal have decreased by €-588k (-55.9%) from €1.05M to €464k, while imports increased by €60 (N/A%) from €0 to €60.

Trade In December 2024, the top exports of Portugal to Burkina Faso were N/A. In December 2024 the top imports of Portugal from Burkina Faso were Paper articles (€409), Optical, photo, & film equipment; medical... (€67), Stone, plaster, cement, asbestos, mica. (€15), Live animals (€0), and Meat & edible offal (€0).

Growth In December 2024, the decrease in Portugal's year-by-year exports to Burkina Faso was explained primarily by an decrease in product exports in Iron/Steel Articles (€-589k or -100%), Glass & glassware (€-383k or -100%), and Beverages, spirits, & vinegar (€-372k or -58.4%). In December 2024, the increase in Portugal'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 (December 2023 - December 2024)€-588k(-55.9%)
IMPORT GROWTH (December 2023 - December 2024)€60(N/A%)

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

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

For full datasets download visit Bulk Download page.

Explore Burkina Faso and Portugal Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Portugal exported $11.9M to Burkina Faso. The main products exported from Portugal to Burkina Faso were Flavored Water ($4.04M), Iron Gas Containers ($1.96M), and Water and Gas Generators ($820k). During the last 5 years the exports of Portugal to Burkina Faso have decreased at an annualized rate of 8.44%, from $18.4M in 2018 to $11.9M in 2023.

In 2018, Burkina Faso exported $1.01M to Portugal. The main products exported from Burkina Faso to Portugal were Raw Cotton ($991k), Paintings ($4.47k), and Knit T-shirts ($3.4k). During the last 5 years the exports of Burkina Faso to Portugal have decreased at an annualized rate of 13.2%, from $2.04M in 2023 to $1.01M in 2018.

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

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

Market Competitiveness

Color
Portugal
Top DestinationSpain$17.7B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Portugal than Burkina Faso included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

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

Comparative Advantage Portugal - Burkina Faso

Flow
Scale

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

During 2023, Portugal had a large net trade with Burkina Faso in the exports of Foodstuffs ($4.28M), Metals ($2.52M), and Machines ($2.47M).

During 2018, Burkina Faso had a large net trade with Portugal in the exports of Textiles ($998k), Arts and Antiques ($4.47k), and Miscellaneous ($1.05k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Portugal Burkina Faso+$881kPackaged Medicaments
Top Product Potential Burkina Faso Portugal+$1.31MRaw 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms