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2022
Flag → Flag
Exports $1.23MRnk 131 / 187
2022
Flag → Flag
Top Product $309kLow-voltage Protection Equipment
2022
Flag → Flag
Exports $92kRnk 81 / 131
2022
Flag → Flag
Top Product $69kVinyl Chloride Polymers
2022
Flag
Economic Complexity (ECI) ECI 1.23Rnk 20 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
Flag  
GDP$522BCURRENT US$
Rnk 27 / 186
2012-2022
Flag
GDP GROWTH99%CURRENT US$
Rnk 14 / 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 $54,660CURRENT US$
Rnk 15 / 186
2012-2022
Flag
GDP PC GROWTH64.9%CURRENT US$
Rnk 21 / 186
2022
Flag
GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Israel-Burkina Faso Trade: In 2022, Israel exported $1.23M to Burkina Faso. The main products that Israel exported to Burkina Faso were Low-voltage Protection Equipment ($309k), Other Measuring Instruments ($287k), and Broadcasting Equipment ($125k). Over the past 5 years the exports of Israel to Burkina Faso have decreased at an annualized rate of 36.8%, from $12.3M in 2017 to $1.23M in 2022.

In 2012, Israel exported services to Burkina Faso worth $4.96M, with Computer and information services ($4.96M) being the largest in terms of value.

Burkina Faso-Israel Trade: In 2022, Burkina Faso exported $92k to Israel. The main products that Burkina Faso exported to Israel were Vinyl Chloride Polymers ($69k), Aqueous Paints ($22k), and Nonaqueous Paints ($963). Over the past 5 years the exports of Burkina Faso to Israel have increased at an annualized rate of 48.8%,  from $3.82k in 2017 to $92k in 2022.

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

Comparison: In 2022,  Israel ranked 20 in the Economic Complexity Index (ECI 1.23), and 49 in total exports ($76.9B). 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, Israel exported $1.23M to Burkina Faso. The main products exported from Israel to Burkina Faso were Low-voltage Protection Equipment ($309k), Other Measuring Instruments ($287k), and Broadcasting Equipment ($125k). During the last 5 years the exports of Israel to Burkina Faso have decreased at an annualized rate of 36.8%, from $12.3M in 2017 to $1.23M in 2022.

In 2017, Burkina Faso exported $92k to Israel. The main products exported from Burkina Faso to Israel were Vinyl Chloride Polymers ($69k), Aqueous Paints ($22k), and Nonaqueous Paints ($963). During the last 5 years the exports of Burkina Faso to Israel have increased at an annualized rate of 48.8%, from $3.82k in 2022 to $92k in 2017.

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

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

Latest Data

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

Burkina Faso Exports

Market Competitiveness

Color
Israel
Top DestinationUnited States$20.3B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2022, countries that imported more from Israel than Burkina Faso included United States ($20.3B), China ($5.53B), and Palestine ($4.6B).

In 2022, countries that imported more from Burkina Faso than Israel included Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

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

Comparative Advantage Israel - Burkina Faso

Flow
Scale

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

During 2022, Israel had a large net trade with Burkina Faso in the exports of Machines ($575k), Instruments ($374k), and Chemical Products ($131k).

During 2017, Burkina Faso had a large net trade with Israel in the exports of Plastics and Rubbers ($69k), Chemical Products ($22.9k), and Machines ($106).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Israel Burkina Faso+$350kTelephones
Top Product Potential Burkina Faso Israel+$21.3kAqueous Paints

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

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

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