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Pricing

2021
Flag → Flag
Exports $40.3kRnk 114 / 0
2021
Flag → Flag
Exports $85.1kRnk 46 / 0
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$27.9BCURRENT US$
Rnk 106 / 186
2012-2022
Flag
GDP GROWTH2.87%CURRENT US$
Rnk 161 / 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 $18,222CURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP PC GROWTH-3.9%CURRENT US$
Rnk 150 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Trinidad and Tobago-Burkina Faso Trade: In 2021, Trinidad and Tobago exported $40.3k to Burkina Faso. The main products that Trinidad and Tobago exported to Burkina Faso were N/A. Over the past 5 years the exports of Trinidad and Tobago to Burkina Faso have decreased at an annualized rate of 61.3%, from $4.63M in 2016 to $40.3k in 2021.

In 2021, Trinidad and Tobago did not export any services to Burkina Faso.

Burkina Faso-Trinidad and Tobago In N/A, Burkina Faso did not export any products to Trinidad and Tobago.

In 2021, Burkina Faso did not export any services to Trinidad and Tobago.

Comparison In 2022,  Trinidad and Tobago ranked 91 in total exports ($13.9B), and does not have data regarding Economic Complexity Index. 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 2021, Trinidad and Tobago exported $40.3k to Burkina Faso. There were not main exports from Trinidad and Tobago to Burkina Faso in 2021. During the last 5 years the exports of Trinidad and Tobago to Burkina Faso have decreased at an annualized rate of 61.3%, from $4.63M in 2016 to $40.3k in 2021.

Burkina Faso does not register exports to Trinidad and Tobago.

Exports from Trinidad and Tobago (Flag) to Burkina Faso (Flag) (2021)

Exports from Burkina Faso (Flag) to Trinidad and Tobago (Flag) (2021)

Market Competitiveness

Color
Trinidad and Tobago
Top DestinationUnited States$4.91B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Trinidad and Tobago than Burkina Faso included United States ($4.91B), Belgium ($894M), and Morocco ($740M).

In 2022, countries that imported more from Burkina Faso than Trinidad and Tobago included Switzerland ($6.08B), United Arab Emirates ($538M), and Mali ($304M).

Difference in imports from Burkina Faso (Flag) and Trinidad and Tobago (Flag) (2022)

Comparative Advantage Trinidad and Tobago - Burkina Faso

Flow
Scale

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

During 2021, Trinidad and Tobago had a large net trade with Burkina Faso in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Trinidad and Tobago Burkina Faso+$3.08kPetroleum Gas
Top Product Potential Burkina Faso Trinidad and Tobago+$2.22kRefined 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 Trinidad and Tobago and Burkina Faso. This means that a dot/product with the flag of Trinidad and Tobago 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 Trinidad and Tobago.

Product Space of Trinidad and Tobago (Flag) and Burkina Faso (Flag) (2021)

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