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Pricing

2023
Flag → Flag
Exports $733kRnk 66 / 136
2023
Flag → Flag
Top Product $555kSpecial purpose motor vehicles
2023
Flag → Flag
Exports $54.2kRnk 77 / 125
2023
Flag → Flag
Top Product $28.6kOther Engines
2023
Flag
Economic Complexity (ECI) ECI -0.65Rnk 94 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.36Rnk 124 / 132
2023
Flag  
GDP$27.6BCURRENT US$
Rnk 111 / 195
2013-2023
Flag
GDP GROWTH-1.64%CURRENT US$
Rnk 172 / 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 $1,331CURRENT US$
Rnk 171 / 195
2013-2023
Flag
GDP PC GROWTH-26.9%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC$883CURRENT US$
Rnk 182 / 196
2013-2023
Flag
GDP PC GROWTH16.2%CURRENT US$
Rnk 115 / 195

About

Zambia-Burkina Faso Trade: In 2023, Zambia exported $733k to Burkina Faso. The main products that Zambia exported to Burkina Faso were Special purpose motor vehicles ($555k), Stranded Copper Wire ($42k), and Iron Pipes ($36.7k). Over the past 5 years the exports of Zambia to Burkina Faso have increased at an annualized rate of 184%, from $3.99k in 2018 to $733k in 2023.

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

Burkina Faso-Zambia Trade: In 2023, Burkina Faso exported $54.2k to Zambia. The main products that Burkina Faso exported to Zambia were Other Engines ($28.6k), Pulley Systems ($23.8k), and Low-voltage Protection Equipment ($847). Over the past 5 years the exports of Burkina Faso to Zambia have increased at an annualized rate of 32.8%,  from $3.18k in 2018 to $54.2k in 2023.

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

Comparison: In 2023,  Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B). 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, Zambia exported $733k to Burkina Faso. The main products exported from Zambia to Burkina Faso were Special purpose motor vehicles ($555k), Stranded Copper Wire ($42k), and Iron Pipes ($36.7k). During the last 5 years the exports of Zambia to Burkina Faso have increased at an annualized rate of 184%, from $3.99k in 2018 to $733k in 2023.

In 2018, Burkina Faso exported $54.2k to Zambia. The main products exported from Burkina Faso to Zambia were Other Engines ($28.6k), Pulley Systems ($23.8k), and Low-voltage Protection Equipment ($847). During the last 5 years the exports of Burkina Faso to Zambia have increased at an annualized rate of 32.8%, from $3.18k in 2023 to $54.2k in 2018.

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

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

Latest Data

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

Zambia Exports

Market Competitiveness

Color
Zambia
Top DestinationSwitzerland$4.26B
Burkina Faso
Top DestinationSwitzerland$6B

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

In 2023, countries that imported more from Zambia than Burkina Faso included China ($2.39B), India ($2.11B), and Democratic Republic of the Congo ($1.6B).

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

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

Comparative Advantage Zambia - Burkina Faso

Flow
Scale

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

During 2023, Zambia had a large net trade with Burkina Faso in the exports of Transportation ($576k), Metals ($111k), and Machines ($18.6k).

During 2018, Burkina Faso had a large net trade with Zambia in the exports of Machines ($53.7k), Instruments ($332), and Metals ($144).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Zambia Burkina Faso+$9.25kOther Engines
Top Product Potential Burkina Faso Zambia+$22.8kAir Pumps

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

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

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