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Pricing

2023
Flag → Flag
Exports $235kRnk 124 / 163
2023
Flag → Flag
Top Product $86kOther Construction Vehicles
2023
Flag → Flag
Exports $38.4kRnk 82 / 125
2023
Flag → Flag
Top Product $27.4kOther Furniture
2023
Flag
Economic Complexity (ECI) ECI -1.13Rnk 116 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$79.1BCURRENT US$
Rnk 79 / 195
2013-2023
Flag
GDP GROWTH73.2%CURRENT US$
Rnk 37 / 195
2023
Flag
 GDP$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
GDP PC $1,224CURRENT US$
Rnk 174 / 195
2013-2023
Flag
GDP PC GROWTH27.1%CURRENT US$
Rnk 83 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Tanzania-Burkina Faso Trade: In 2023, Tanzania exported $235k to Burkina Faso. The main products that Tanzania exported to Burkina Faso were Other Construction Vehicles ($86k), Jute and Other Textile Fibers ($58.4k), and Twine and Rope ($53.9k). Over the past 5 years the exports of Tanzania to Burkina Faso have increased at an annualized rate of 28.6%, from $66.9k in 2018 to $235k in 2023.

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

Burkina Faso-Tanzania Trade: In 2023, Burkina Faso exported $38.4k to Tanzania. The main products that Burkina Faso exported to Tanzania were Other Furniture ($27.4k), Cars ($10.9k), and Other Plastic Products ($24). Over the past 5 years the exports of Burkina Faso to Tanzania have decreased at an annualized rate of 21.5%,  from $129k in 2018 to $38.4k in 2023.

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

Comparison: In 2023,  Tanzania ranked 116 in the Economic Complexity Index (ECI -1.13), and 99 in total exports ($11.3B). 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
Value

In 2023, Tanzania exported $235k to Burkina Faso. The main products exported from Tanzania to Burkina Faso were Other Construction Vehicles ($86k), Jute and Other Textile Fibers ($58.4k), and Twine and Rope ($53.9k). During the last 5 years the exports of Tanzania to Burkina Faso have increased at an annualized rate of 28.6%, from $66.9k in 2018 to $235k in 2023.

In 2018, Burkina Faso exported $38.4k to Tanzania. The main products exported from Burkina Faso to Tanzania were Other Furniture ($27.4k), Cars ($10.9k), and Other Plastic Products ($24). During the last 5 years the exports of Burkina Faso to Tanzania have decreased at an annualized rate of 21.5%, from $129k in 2023 to $38.4k in 2018.

Exports from Tanzania (Flag) to Burkina Faso (Flag) (2023)

Exports from Burkina Faso (Flag) to Tanzania (Flag) (2023)

Latest Data

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

Tanzania Exports

Date

Market Competitiveness

Color
Tanzania
Top DestinationIndia$1.74B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Tanzania than Burkina Faso included India ($1.74B), Uganda ($1.35B), and South Africa ($1.15B).

In 2023, countries that imported more from Burkina Faso than Tanzania included Switzerland ($6B), Mali ($268M), and Cote d'Ivoire ($136M).

Difference in imports from Burkina Faso (Flag) and Tanzania (Flag) (2023)

Comparative Advantage Tanzania - Burkina Faso

Flow
Scale

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

During 2023, Tanzania had a large net trade with Burkina Faso in the exports of Machines ($119k), Textiles ($115k), and Metals ($680).

During 2018, Burkina Faso had a large net trade with Tanzania in the exports of Miscellaneous ($27.4k), Transportation ($10.9k), and Plastics and Rubbers ($24).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tanzania Burkina Faso+$35.9kSowing Seeds
Top Product Potential Burkina Faso Tanzania+$23.9kOther Furniture

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

Product Space of Tanzania (Flag) and Burkina Faso (Flag) (2023)

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