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
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Eritrea-Burkina Faso Trade: In 2022, Eritrea exported $430 to Burkina Faso. The main products that Eritrea exported to Burkina Faso were Packaged Medicaments ($430). Over the past 9 years the exports of Eritrea to Burkina Faso have decreased at an annualized rate of 27.4%, from $7.7k in 2013 to $430 in 2022.

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

Burkina Faso-Eritrea Trade: In 2022, Burkina Faso exported $1.11k to Eritrea. The main products that Burkina Faso exported to Eritrea were N/A. Over the past 9 years the exports of Burkina Faso to Eritrea have decreased at an annualized rate of 54.3%,  from $55.4k in 2013 to $1.11k in 2022.

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

Comparison In 2022,  Eritrea ranked 163 in total exports ($789M), 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 2022, Eritrea exported $430 to Burkina Faso. The main products exported from Eritrea to Burkina Faso were Packaged Medicaments ($430). During the last 9 years the exports of Eritrea to Burkina Faso have decreased at an annualized rate of 27.4%, from $7.7k in 2013 to $430 in 2022.

In 2014, Burkina Faso exported $1.11k to Eritrea. There were not main exports from Burkina Faso to Eritrea in 2014. During the last 5 years the exports of Burkina Faso to Eritrea have decreased at an annualized rate of 54.3%, from $55.4k in 2019 to $1.11k in 2014.

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

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

Market Competitiveness

Color
Eritrea
Top Destination
China$412M
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2022, countries that imported more from Eritrea than Burkina Faso included China ($412M), South Korea ($74.3M), and Madagascar ($14.9M).

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

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

Comparative Advantage Eritrea - Burkina Faso

Flow
Scale

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

During 2022, Eritrea had a large net trade with Burkina Faso in the exports of Chemical Products ($430).

During 2014, Burkina Faso had a large net trade with Eritrea in the exports of .

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Eritrea and Burkina Faso. This means that a dot/product with the flag of Eritrea 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 Eritrea.

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

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