2022
Flag  
GDP
$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
Flag
GDP GROWTH
50.3%CURRENT US$
Rnk 59 / 186
2022
Flag
 GDP
$406BCURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP GROWTH
-6.57%CURRENT US$
Rnk 171 / 186
2022
Flag
GDP PC 
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186
2022
Flag
GDP PC
$6,776CURRENT US$
Rnk 95 / 186
2012-2022
Flag
GDP PC GROWTH
-17.1%CURRENT US$
Rnk 167 / 186

About

Burkina Faso-South Africa Trade: In 2022, Burkina Faso exported $638k to South Africa. The main products that Burkina Faso exported to South Africa were Refined Petroleum ($263k), Other Engines ($56.8k), and Liquid Pumps ($47.8k). Over the past 5 years the exports of Burkina Faso to South Africa have decreased at an annualized rate of 53.3%, from $28.8M in 2017 to $638k in 2022.

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

South Africa-Burkina Faso Trade: In 2022, South Africa exported $47.7M to Burkina Faso. The main products that South Africa exported to Burkina Faso were Cars ($3.91M), Liquid Pumps ($3.88M), and Stone Processing Machines ($3.69M). Over the past 5 years the exports of South Africa to Burkina Faso have decreased at an annualized rate of 7.72%,  from $71.3M in 2017 to $47.7M in 2022.

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

Comparison: In 2022,  Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Burkina Faso exported $638k to South Africa. The main products exported from Burkina Faso to South Africa were Refined Petroleum ($263k), Other Engines ($56.8k), and Liquid Pumps ($47.8k). During the last 5 years the exports of Burkina Faso to South Africa have decreased at an annualized rate of 53.3%, from $28.8M in 2017 to $638k in 2022.

In 2017, South Africa exported $47.7M to Burkina Faso. The main products exported from South Africa to Burkina Faso were Cars ($3.91M), Liquid Pumps ($3.88M), and Stone Processing Machines ($3.69M). During the last 5 years the exports of South Africa to Burkina Faso have decreased at an annualized rate of 7.72%, from $71.3M in 2022 to $47.7M in 2017.

Exports from Burkina Faso (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Burkina Faso (Flag) (2022)

Latest Data

Trade between Burkina Faso (Flag) and South Africa (Flag)

Burkina Faso Exports

South Africa Exports

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6.08B
South Africa
Top Destination
China$23.4B

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

In 2022, countries that imported more from Burkina Faso than South Africa included Mali ($304M), Cote d'Ivoire ($171M), and Niger ($32.6M).

In 2022, countries that imported more from South Africa than Burkina Faso included China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Burkina Faso (Flag) (2022)

Comparative Advantage Burkina Faso - South Africa

Flow
Scale

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

During 2022, Burkina Faso had a large net trade with South Africa in the exports of Mineral Products ($273k), Machines ($176k), and Instruments ($103k).

During 2017, South Africa had a large net trade with Burkina Faso in the exports of Machines ($20.8M), Chemical Products ($7.06M), and Transportation ($5.31M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso South Africa+$918kRefined Petroleum
Top Product Potential South Africa Burkina Faso+$2.77MCars

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 Burkina Faso and South Africa. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Burkina Faso.

Product Space of Burkina Faso (Flag) and South Africa (Flag) (2022)

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