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Pricing

2022
Flag → Flag
Exports $693kRnk 54 / 142
2022
Flag → Flag
Top Product $632kOther Edible Preparations
2022
Flag → Flag
Exports $36.4MRnk 13 / 131
2022
Flag → Flag
Top Product $36.4MGold
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC $966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Rwanda-Burkina Faso Trade: In 2022, Rwanda exported $693k to Burkina Faso. The main products that Rwanda exported to Burkina Faso were Other Edible Preparations ($632k) and Processed Cereals ($61.3k). Over the past 5 years the exports of Rwanda to Burkina Faso have increased at an annualized rate of 240%, from $1.53k in 2017 to $693k in 2022.

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

Burkina Faso-Rwanda Trade: In 2022, Burkina Faso exported $36.4M to Rwanda. The main products that Burkina Faso exported to Rwanda were Gold ($36.4M) and Heavy Pure Woven Cotton ($5.1k). Over the past 5 years the exports of Burkina Faso to Rwanda have increased at an annualized rate of 257%,  from $63.2k in 2017 to $36.4M in 2022.

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

Comparison: In 2022,  Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). 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, Rwanda exported $693k to Burkina Faso. The main products exported from Rwanda to Burkina Faso were Other Edible Preparations ($632k) and Processed Cereals ($61.3k). During the last 5 years the exports of Rwanda to Burkina Faso have increased at an annualized rate of 240%, from $1.53k in 2017 to $693k in 2022.

In 2017, Burkina Faso exported $36.4M to Rwanda. The main products exported from Burkina Faso to Rwanda were Gold ($36.4M) and Heavy Pure Woven Cotton ($5.1k). During the last 5 years the exports of Burkina Faso to Rwanda have increased at an annualized rate of 257%, from $63.2k in 2022 to $36.4M in 2017.

Exports from Rwanda (Flag) to Burkina Faso (Flag) (2022)

Exports from Burkina Faso (Flag) to Rwanda (Flag) (2022)

Latest Data

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

Rwanda Exports

Burkina Faso Exports

Date

Market Competitiveness

Color
Rwanda
Top DestinationUnited Arab Emirates$568M
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Rwanda than Burkina Faso included Democratic Republic of the Congo ($450M), Thailand ($83.9M), and Ethiopia ($55.2M).

In 2022, countries that imported more from Burkina Faso than Rwanda included Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

Difference in imports from Burkina Faso (Flag) and Rwanda (Flag) (2022)

Comparative Advantage Rwanda - Burkina Faso

Flow
Scale

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

During 2022, Rwanda had a large net trade with Burkina Faso in the exports of Foodstuffs ($632k) and Vegetable Products ($61.3k).

During 2017, Burkina Faso had a large net trade with Rwanda in the exports of Precious Metals ($36.4M) and Textiles ($5.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Burkina Faso+$1.5kMalt Extract
Top Product Potential Burkina Faso Rwanda+$2.76kGold

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

Product Space of Rwanda (Flag) and Burkina Faso (Flag) (2022)

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