2022
Flag  
GDP
$12.7BCURRENT US$
Rnk 140 / 186
2012-2022
Flag
GDP GROWTH
2.72%CURRENT US$
Rnk 162 / 186
2022
Flag
 GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
GDP PC 
$717CURRENT US$
Rnk 177 / 186
2012-2022
Flag
GDP PC GROWTH
-26.1%CURRENT US$
Rnk 176 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Chad-Burkina Faso Trade: In 2020, Chad exported $1.62k to Burkina Faso. The main products that Chad exported to Burkina Faso were N/A. Over the past 8 years the exports of Chad to Burkina Faso have decreased at an annualized rate of 11.1%, from $4.13k in 2012 to $1.62k in 2020.

In 2020, Chad did not export any services to Burkina Faso.

Burkina Faso-Chad Trade: In 2020, Burkina Faso exported $65.9k to Chad. The main products that Burkina Faso exported to Chad were Cleaning Products ($28.3k), Refrigerators ($6.94k), and Other Plastic Products ($6.05k). Over the past 8 years the exports of Burkina Faso to Chad have increased at an annualized rate of 8.41%,  from $31.9k in 2012 to $65.9k in 2020.

In 2020, Burkina Faso did not export any services to Chad.

Comparison: In 2022,  Chad ranked 129 in the Economic Complexity Index (ECI -1.74), and 130 in total exports ($4.39B). 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 2020, Chad exported $1.62k to Burkina Faso. There were not main exports from Chad to Burkina Faso in 2020. During the last 8 years the exports of Chad to Burkina Faso have decreased at an annualized rate of 11.1%, from $4.13k in 2012 to $1.62k in 2020.

In 2017, Burkina Faso exported $65.9k to Chad. The main products exported from Burkina Faso to Chad were Cleaning Products ($28.3k), Refrigerators ($6.94k), and Other Plastic Products ($6.05k). During the last 5 years the exports of Burkina Faso to Chad have increased at an annualized rate of 8.41%, from $31.9k in 2022 to $65.9k in 2017.

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

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

Latest Data

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

Burkina Faso Exports

Market Competitiveness

Color
Chad
Top Destination
Germany$1.1B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2022, countries that imported more from Chad than Burkina Faso included Germany ($1.1B), China ($933M), and Chinese Taipei ($512M).

In 2022, countries that imported more from Burkina Faso than Chad included Switzerland ($6.08B), Mali ($304M), and Singapore ($173M).

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

Comparative Advantage Chad - Burkina Faso

Flow
Scale

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

During 2020, Chad had a large net trade with Burkina Faso in the exports of .

During 2017, Burkina Faso had a large net trade with Chad in the exports of Chemical Products ($28.4k), Machines ($9.85k), and Plastics and Rubbers ($9.68k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Chad Burkina Faso+$1.29kOther Oily Seeds
Top Product Potential Burkina Faso Chad+$15.5kRefined Petroleum

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

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

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