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2022
Flag → Flag
Exports $72.6MRnk 118 / 218
2022
Flag → Flag
Top Product $10.5MPlanes, Helicopters, and/or Spacecraft
2022
Flag → Flag
Exports $5.31MRnk 29 / 131
2022
Flag → Flag
Top Product $3.55MTropical Fruits
2022
Flag
Economic Complexity (ECI) ECI 0.81Rnk 33 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.91Rnk 131 / 133
2022
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GDP$1.4TCURRENT US$
Rnk 15 / 186
2012-2022
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GDP GROWTH5.49%CURRENT US$
Rnk 154 / 186
2022
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 GDP$18.9BCURRENT US$
Rnk 119 / 186
2012-2022
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GDP GROWTH50.3%CURRENT US$
Rnk 59 / 186
2022
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GDP PC $29,350CURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP PC GROWTH3.63%CURRENT US$
Rnk 132 / 186
2022
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GDP PC$833CURRENT US$
Rnk 174 / 186
2012-2022
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GDP PC GROWTH13.5%CURRENT US$
Rnk 102 / 186

About

Spain-Burkina Faso In 2022, Spain exported $72.6M to Burkina Faso. The main products that Spain exported to Burkina Faso are Planes, Helicopters, and/or Spacecraft ($10.5M), Soups and Broths ($8.08M), and Flavored Water ($4.28M). During the last 27 years the exports of Spain to Burkina Faso have increased at an annualized rate of 7.93%, from $9.26M in 1995 to $72.6M in 2022.

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

Burkina Faso-Spain In 2022, Burkina Faso exported $5.31M to Spain. The main products that Burkina Faso exported to Spain were Tropical Fruits ($3.55M), Aircraft Parts ($477k), and Cassava ($471k). During the last 27 years the exports of Burkina Faso to Spain have decreased at an annualized rate of 0.59%, from $6.22M in 1995 to $5.31M in 2022.

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

Comparison In 2022,  Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B). That same year, Burkina Faso ranked 131 in the Economic Complexity Index (ECI -1.91), and 110 in total exports ($8.2B).

Latest Trends

February, 2024

About

Overview In February 2024, Spain exported €5.01M and imported €82.6k from Burkina Faso, resulting in a positive trade balance of €4.93M. Between February 2023 and February 2024 the exports of Spain have increased by €256k (5.38%) from €4.75M to €5.01M, while imports increased by €61.7k (296%) from €20.9k to €82.6k.

Trade In February 2024, the top exports of Spain to Burkina Faso were Soups and Broths (€861k), Large Iron Containers (€565k), Glass Bottles (€399k), Flavored Water (€344k), and Commodities not elsewhere specified (€93.7k). In February 2024 the top imports of Spain from Burkina Faso were Heavy Pure Woven Cotton (€8.08k), Collector's Items (€469), Tropical Fruits (€333), Antifreeze (€121), and Commodities not elsewhere specified (€13.4).

Origins In February 2024 the exports of Spain were mainly from Barcelona (€3.01M), Valencia (€744k), Sin provincia asignada (€273k), Vizcaya (€264k), and Guipúzcoa (€108k), while imports destinations were mainly Valencia (€51.1k), Tarragona (€24.3k), Baleares (€5.97k), Madrid (€1.07k), and Cádiz (€83.2).

Growth In February 2024, the increase in Spain's year-by-year exports to Burkina Faso was explained primarily by an increase in product exports in Soups and Broths (€860k or 185k%), Glass Bottles (€277k or 227%), and Flavored Water (€141k or 69.2%). In February 2024, the increase in Spain's year-by-year imports  from Burkina Faso was explained primarily by an increase in product imports  in .

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)€256k(5.38%)
IMPORT GROWTH (February 2023 - February 2024)€61.7k(296%)
MAIN EXPORTER (February 2024)Barcelona€3.01M

This section shows exports and imports data at subnational level for Spain. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Spain over time.

To check Burkina Faso and Spain trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Burkina Faso and Spain Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Spain exported $72.6M to Burkina Faso. The main products exported from Spain to Burkina Faso were Planes, Helicopters, and/or Spacecraft ($10.5M), Soups and Broths ($8.08M), and Flavored Water ($4.28M). During the last 27 years the exports of Spain to Burkina Faso have increased at an annualized rate of 7.93%, from $9.26M in 1995 to $72.6M in 2022.

In 2022, Burkina Faso exported $5.31M to Spain. The main products exported from Burkina Faso to Spain were Tropical Fruits ($3.55M), Aircraft Parts ($477k), and Cassava ($471k). During the last 27 years the exports of Burkina Faso to Spain have decreased at an annualized rate of 0.59%, from $6.22M in 1995 to $5.31M in 2022.

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

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

Market Competitiveness

Color
Spain
Top DestinationFrance$65.2B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2021, countries that imported more from Spain than Burkina Faso were France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

In 2021, countries that imported more from Burkina Faso than Spain were Mali ($304M), Rwanda ($36.4M), and Niger ($32.6M).

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

Comparative Advantage Spain - Burkina Faso

Flow
Scale

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

During 2022, Spain had a large net trade with Burkina Faso in the exports of Foodstuffs ($16.3M), Chemical Products ($12.8M), and Transportation ($12.3M).

During 2022, Burkina Faso had a large net trade with Spain in the exports of Vegetable Products ($4.24M), Transportation ($479k), and Textiles ($233k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Spain has comparative advantage over Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over Spain.

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

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