2022
Flag  
GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 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 
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Namibia-Burkina Faso In 2022, Namibia exported $39.1k to Burkina Faso. The main products that Namibia exported to Burkina Faso are Air Pumps ($21.7k), Excavation Machinery ($15.6k), and Liquid Pumps ($1.77k). During the last 22 years the exports of Namibia to Burkina Faso have increased at an annualized rate of 38.8%, from $29 in 2000 to $39.1k in 2022.

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

Burkina Faso-Namibia In 2022, Burkina Faso exported $25.3k to Namibia. The main products that Burkina Faso exported to Namibia were Excavation Machinery ($21.5k), Other Engines ($3.7k), and Gaskets ($8). During the last 22 years the exports of Burkina Faso to Namibia have increased at an annualized rate of 12%, from $2.1k in 2000 to $25.3k in 2022.

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

Comparison In 2022,  Namibia ranked 88 in the Economic Complexity Index (ECI -0.69), and 121 in total exports ($6.18B). That same year, Burkina Faso ranked 121 in the Economic Complexity Index (ECI -1.88), and 110 in total exports ($8.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Namibia exported $39.1k to Burkina Faso. The main products exported from Namibia to Burkina Faso were Air Pumps ($21.7k), Excavation Machinery ($15.6k), and Liquid Pumps ($1.77k). During the last 22 years the exports of Namibia to Burkina Faso have increased at an annualized rate of 38.8%, from $29 in 2000 to $39.1k in 2022.

In 2022, Burkina Faso exported $25.3k to Namibia. The main products exported from Burkina Faso to Namibia were Excavation Machinery ($21.5k), Other Engines ($3.7k), and Gaskets ($8). During the last 12 years the exports of Burkina Faso to Namibia have increased at an annualized rate of 12%, from $2.1k in 2010 to $25.3k in 2022.

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

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

Latest Data

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

Namibia Exports

Date

Market Competitiveness

Color
Namibia
Top Destination
South Africa$1.75B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2021, countries that imported more from Namibia than Burkina Faso were South Africa ($1.75B), Botswana ($672M), and China ($628M).

In 2021, countries that imported more from Burkina Faso than Namibia were Switzerland ($6.08B), Mali ($304M), and United Arab Emirates ($538M).

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

Comparative Advantage Namibia - Burkina Faso

Flow
Scale

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

During 2022, Namibia had a large net trade with Burkina Faso in the exports of Machines ($39.1k).

During 2022, Burkina Faso had a large net trade with Namibia in the exports of Machines ($25.3k).

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

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

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