2022
Flag  
GDP
$13.2BCURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP GROWTH
50.1%CURRENT US$
Rnk 60 / 186
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 
$645CURRENT US$
Rnk 178 / 186
2012-2022
Flag
GDP PC GROWTH
14.6%CURRENT US$
Rnk 98 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Malawi-Burkina Faso Trade: In 2022, Malawi exported $32.9k to Burkina Faso. The main products that Malawi exported to Burkina Faso were Other Cloth Articles ($14.4k), Brochures ($7.49k), and Bells and Other Metal Ornaments ($3.5k). Over the past 17 years the exports of Malawi to Burkina Faso have increased at an annualized rate of 39.6%, from $113 in 2005 to $32.9k in 2022.

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

Burkina Faso-Malawi In N/A, Burkina Faso did not export any products to Malawi.

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

Comparison In 2022,  Malawi ranked 157 in total exports ($1.19B), 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, Malawi exported $32.9k to Burkina Faso. The main products exported from Malawi to Burkina Faso were Other Cloth Articles ($14.4k), Brochures ($7.49k), and Bells and Other Metal Ornaments ($3.5k). During the last 17 years the exports of Malawi to Burkina Faso have increased at an annualized rate of 39.6%, from $113 in 2005 to $32.9k in 2022.

Burkina Faso does not register exports to Malawi.

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

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

Market Competitiveness

Color
Malawi
Top Destination
United Arab Emirates$255M
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2022, countries that imported more from Malawi than Burkina Faso included Belgium ($143M), Tanzania ($72.8M), and Kenya ($58.8M).

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

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

Comparative Advantage Malawi - Burkina Faso

Flow
Scale

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

During 2022, Malawi had a large net trade with Burkina Faso in the exports of Textiles ($14.4k), Paper Goods ($7.49k), and Metals ($5.96k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Malawi Burkina Faso+$3.33kIron Stovetops
Top Product Potential Burkina Faso Malawi+$3kGold

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

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

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