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2022
Flag → Flag
Exports $39.2MRnk 98 / 217
2022
Flag → Flag
Top Product $6.59MPrepared Explosives
2022
Flag → Flag
Exports $948kRnk 43 / 131
2022
Flag → Flag
Top Product $337kInterchangeable Tool Parts
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
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Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
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GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
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GDP GROWTH6.06%CURRENT US$
Rnk 151 / 186
2022
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 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
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GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
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GDP PC $55,873CURRENT US$
Rnk 13 / 186
2012-2022
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GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186
2022
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GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
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GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Sweden-Burkina Faso In 2022, Sweden exported $39.2M to Burkina Faso. The main products that Sweden exported to Burkina Faso are Prepared Explosives ($6.59M), Delivery Trucks ($3.8M), and Other Construction Vehicles ($3.29M). During the last 27 years the exports of Sweden to Burkina Faso have increased at an annualized rate of 16%, from $720k in 1995 to $39.2M in 2022.

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

Burkina Faso-Sweden In 2022, Burkina Faso exported $948k to Sweden. The main products that Burkina Faso exported to Sweden were Interchangeable Tool Parts ($337k), Excavation Machinery ($302k), and Iron Pipe Fittings ($59.4k). During the last 27 years the exports of Burkina Faso to Sweden have increased at an annualized rate of 20.4%, from $6.37k in 1995 to $948k in 2022.

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

Comparison In 2022,  Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Latest Trends

January, 2024

About

Overview In January 2024, Sweden exported SEK34M and imported SEK752k from Burkina Faso, resulting in a positive trade balance of SEK33.3M. Between January 2023 and January 2024 the exports of Sweden have increased by SEK25M (274%) from SEK9.09M to SEK34M, while imports increased by SEK732k (3.66k%) from SEK20k to SEK752k.

Trade In January 2024, the top exports of Sweden to Burkina Faso were Telephones (SEK4.54M), Excavation Machinery (SEK1.95M), Interchangeable Tool Parts (SEK961k), Air Pumps (SEK478k), and Liquid Pumps (SEK364k). In January 2024 the top imports of Sweden from Burkina Faso were Other Electrical Machinery (SEK144k).

Growth In January 2024, the increase in Sweden's year-by-year exports to Burkina Faso was explained primarily by an increase in product exports in Excavation Machinery (SEK354k or 22.2%), Liquid Pumps (SEK291k or 399%), and Air Pumps (SEK60k or 14.4%). In December 2023, the increase in Sweden's year-by-year imports  from Burkina Faso was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)SEK25M(274%)
IMPORT GROWTH (December 2022 - December 2023)SEK732k(3.66k%)

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sweden exported $39.2M to Burkina Faso. The main products exported from Sweden to Burkina Faso were Prepared Explosives ($6.59M), Delivery Trucks ($3.8M), and Other Construction Vehicles ($3.29M). During the last 27 years the exports of Sweden to Burkina Faso have increased at an annualized rate of 16%, from $720k in 1995 to $39.2M in 2022.

In 2022, Burkina Faso exported $948k to Sweden. The main products exported from Burkina Faso to Sweden were Interchangeable Tool Parts ($337k), Excavation Machinery ($302k), and Iron Pipe Fittings ($59.4k). During the last 27 years the exports of Burkina Faso to Sweden have increased at an annualized rate of 20.4%, from $6.37k in 1995 to $948k in 2022.

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

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

Market Competitiveness

Color
Sweden
Top DestinationGermany$19.2B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2021, countries that imported more from Sweden than Burkina Faso were Germany ($19.2B), Norway ($18.7B), and United States ($17.8B).

In 2021, countries that imported more from Burkina Faso than Sweden were Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

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

Comparative Advantage Sweden - Burkina Faso

Flow
Scale

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

During 2022, Sweden had a large net trade with Burkina Faso in the exports of Machines ($14.3M), Chemical Products ($10.8M), and Metals ($7.43M).

During 2022, Burkina Faso had a large net trade with Sweden in the exports of Machines ($495k), Metals ($421k), and Stone And Glass ($8.75k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Sweden has comparative advantage over Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over Sweden.

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

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