2023
Flag  
GDP
$20.3BCURRENT US$
Rnk 121 / 195
2013-2023
Flag
GDP GROWTH
51.2%CURRENT US$
Rnk 72 / 195
2023
Flag
 GDP
$514BCURRENT US$
Rnk 27 / 195
2013-2023
Flag
GDP GROWTH
28.5%CURRENT US$
Rnk 118 / 195
2023
Flag
GDP PC 
$883CURRENT US$
Rnk 182 / 195
2013-2023
Flag
GDP PC GROWTH
16.2%CURRENT US$
Rnk 115 / 195
2023
Flag
GDP PC
$49,041CURRENT US$
Rnk 27 / 196
2013-2023
Flag
GDP PC GROWTH
-5.73%CURRENT US$
Rnk 161 / 195

About

Burkina Faso-United Arab Emirates Trade: In 2023, Burkina Faso exported $815M to United Arab Emirates. The main products that Burkina Faso exported to United Arab Emirates were Gold ($810M), Other Oily Seeds ($2.29M), and Raw Cotton ($1.94M). Over the past 5 years the exports of Burkina Faso to United Arab Emirates have increased at an annualized rate of 140%, from $10.3M in 2018 to $815M in 2023.

In 2023, Burkina Faso did not export any services to United Arab Emirates.

United Arab Emirates-Burkina Faso Trade: In 2023, United Arab Emirates exported $43.2M to Burkina Faso. The main products that United Arab Emirates exported to Burkina Faso were Refined Petroleum ($8.51M), Delivery Trucks ($3.32M), and Raw Plastic Sheeting ($2.71M). Over the past 5 years the exports of United Arab Emirates to Burkina Faso have decreased at an annualized rate of 3.43%,  from $51.4M in 2018 to $43.2M in 2023.

In 2023, United Arab Emirates did not export any services to Burkina Faso.

Comparison: In 2023,  Burkina Faso ranked 124 in the Economic Complexity Index (ECI -1.36), and 111 in total exports ($8.35B). That same year, United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 21 in total exports ($357B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Burkina Faso exported $815M to United Arab Emirates. The main products exported from Burkina Faso to United Arab Emirates were Gold ($810M), Other Oily Seeds ($2.29M), and Raw Cotton ($1.94M). During the last 5 years the exports of Burkina Faso to United Arab Emirates have increased at an annualized rate of 140%, from $10.3M in 2018 to $815M in 2023.

In 2018, United Arab Emirates exported $43.2M to Burkina Faso. The main products exported from United Arab Emirates to Burkina Faso were Refined Petroleum ($8.51M), Delivery Trucks ($3.32M), and Raw Plastic Sheeting ($2.71M). During the last 5 years the exports of United Arab Emirates to Burkina Faso have decreased at an annualized rate of 3.43%, from $51.4M in 2023 to $43.2M in 2018.

Exports from Burkina Faso (Flag) to United Arab Emirates (Flag) (2023)

Exports from United Arab Emirates (Flag) to Burkina Faso (Flag) (2023)

Latest Data

Trade between Burkina Faso (Flag) and United Arab Emirates (Flag)

Burkina Faso Exports

United Arab Emirates Exports

Market Competitiveness

Color
Burkina Faso
Top Destination
Switzerland$6B
United Arab Emirates
Top Destination
China$40.2B

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

In 2023, countries that imported more from Burkina Faso than United Arab Emirates included Mali ($268M) and Togo ($114M).

In 2023, countries that imported more from United Arab Emirates than Burkina Faso included China ($40.2B), India ($38.2B), and Japan ($37.4B).

Difference in imports from United Arab Emirates (Flag) and Burkina Faso (Flag) (2023)

Comparative Advantage Burkina Faso - United Arab Emirates

Flow
Scale

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

During 2023, Burkina Faso had a large net trade with United Arab Emirates in the exports of Precious Metals ($810M), Vegetable Products ($2.71M), and Textiles ($1.94M).

During 2018, United Arab Emirates had a large net trade with Burkina Faso in the exports of Mineral Products ($9.84M), Transportation ($7.11M), and Machines ($6.76M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burkina Faso United Arab Emirates+$154MGold
Top Product Potential United Arab Emirates Burkina Faso+$11.7MRefined Petroleum

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 United Arab Emirates. This means that a dot/product with the flag of Burkina Faso indicates it has a comparative advantage over United Arab Emirates. Similarly, a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Burkina Faso.

Product Space of Burkina Faso (Flag) and United Arab Emirates (Flag) (2023)

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