2022
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GDP
$264BCURRENT US$
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2012-2022
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GDP GROWTH
21.2%CURRENT US$
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2022
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 GDP
$18.9BCURRENT US$
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2012-2022
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GDP GROWTH
50.3%CURRENT US$
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2022
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GDP PC 
$5,937CURRENT US$
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2012-2022
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GDP PC GROWTH
-7.77%CURRENT US$
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2022
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GDP PC
$833CURRENT US$
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2012-2022
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GDP PC GROWTH
13.5%CURRENT US$
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About

Iraq-Burkina Faso In 2020, Iraq exported $5.46k to Burkina Faso. The main products that Iraq exported to Burkina Faso are N/A. During the last 15 years the exports of Iraq to Burkina Faso have increased at an annualized rate of 29.5%, from $113 in 2005 to $5.46k in 2020.

In 2020, Iraq did not export any services to Burkina Faso.

Burkina Faso-Iraq In 2020, Burkina Faso exported $916 to Iraq. The main products that Burkina Faso exported to Iraq were Other Cloth Articles ($371), Other Furniture ($357), and Iron Stovetops ($188). During the last 15 years the exports of Burkina Faso to Iraq have decreased at an annualized rate of 20.5%, from $28.6k in 2005 to $916 in 2020.

In 2020, Burkina Faso did not export any services to Iraq.

Comparison In 2022,  Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B). 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 2020, Iraq exported $5.46k to Burkina Faso. There were not main exports from Iraq to Burkina Faso in 2020. During the last 15 years the exports of Iraq to Burkina Faso have increased at an annualized rate of 29.5%, from $113 in 2005 to $5.46k in 2020.

In 2022, Burkina Faso exported $916 to Iraq. The main products exported from Burkina Faso to Iraq were Other Cloth Articles ($371), Other Furniture ($357), and Iron Stovetops ($188). During the last 10 years the exports of Burkina Faso to Iraq have decreased at an annualized rate of 20.5%, from $28.6k in 2012 to $916 in 2022.

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

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

Market Competitiveness

Color
Iraq
Top Destination
India$38.8B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2021, countries that imported more from Iraq than Burkina Faso were India ($38.8B), China ($34B), and United States ($10.3B).

In 2021, countries that imported more from Burkina Faso than Iraq were Switzerland ($6.08B), Mali ($304M), and Cote d'Ivoire ($171M).

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

Comparative Advantage Iraq - Burkina Faso

Flow
Scale

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

During 2020, Iraq had a large net trade with Burkina Faso in the exports of .

During 2022, Burkina Faso had a large net trade with Iraq in the exports of Textiles ($371), Miscellaneous ($357), and Metals ($188).

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 Iraq has comparative advantage over Burkina Faso. Similarly, the more yellow a dot/product is, the more Burkina Faso has comparative advantage over Iraq.

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

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