Qatar (QAT) and Burkina Faso (BFA) Trade | The Observatory of Economic Complexity

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Qatar-Burkina Faso Trade: In 2023, Qatar exported $548k to Burkina Faso. The main products that Qatar exported to Burkina Faso were Ethylene Polymers ($363k), Sodium or Potassium Peroxides ($175k), and Propylene Polymers ($9.77k). Over the past 5 years the exports of Qatar to Burkina Faso have increased at an annualized rate of 1.88%, from $499k in 2018 to $548k in 2023.

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

Burkina Faso-Qatar Trade: In 2023, Burkina Faso exported $518 to Qatar. The main products that Burkina Faso exported to Qatar were Looms ($412) and Non-Retail Pure Cotton Yarn ($106). Over the past 5 years the exports of Burkina Faso to Qatar have decreased at an annualized rate of 58.1%, from $40.1k in 2018 to $518 in 2023.

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

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $548k to Burkina Faso. The main products exported from Qatar to Burkina Faso were Ethylene Polymers ($363k), Sodium or Potassium Peroxides ($175k), and Propylene Polymers ($9.77k). During the last 5 years the exports of Qatar to Burkina Faso have increased at an annualized rate of 1.88%, from $499k in 2018 to $548k in 2023.

In 2018, Burkina Faso exported $518 to Qatar. The main products exported from Burkina Faso to Qatar were Looms ($412) and Non-Retail Pure Cotton Yarn ($106). During the last 5 years the exports of Burkina Faso to Qatar have decreased at an annualized rate of 58.1%, from $40.1k in 2023 to $518 in 2018.

Exports from Qatar () to Burkina Faso () (2023)

Exports from Burkina Faso () to Qatar () (2023)

Latest Data

Trade between Qatar () and Burkina Faso ()

Qatar Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Qatar than Burkina Faso included China ($20.9B), India ($12.9B), and South Korea ($12.1B).

In 2023, countries that imported more from Burkina Faso than Qatar included Switzerland ($6B), Mali ($268M), and Togo ($114M).

Difference in imports from Burkina Faso () and Qatar () (2023)

Comparative Advantage Qatar - Burkina Faso

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Burkina Faso in the exports of Plastics and Rubbers ($373k) and Chemical Products ($175k).

During 2018, Burkina Faso had a large net trade with Qatar in the exports of Machines ($412) and Textiles ($106).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Burkina Faso+$279kEthylene Polymers

Top Product Potential Burkina Faso Qatar+$5.7kGold

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Qatar () to Burkina Faso () (2023)

Exports from Burkina Faso () to Qatar () (2023)

Latest Data

Trade between Qatar () and Burkina Faso ()

Qatar Exports

Market Competitiveness

Difference in imports from Burkina Faso () and Qatar () (2023)

Comparative Advantage Qatar - Burkina Faso

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Burkina Faso () (2023)

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