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2022
Flag → Flag
Exports $22MRnk 59 / 166
2022
Flag → Flag
Top Product $6.26MPetroleum Gas
2022
Flag → Flag
Exports $403kRnk 57 / 131
2022
Flag → Flag
Top Product $179kNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 119 / 124
2022
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Economic Complexity (ECI) ECI -1.88Rnk 121 / 124
2022
Flag  
GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 159 / 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 $2,184CURRENT US$
Rnk 146 / 186
2012-2022
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GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 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

Nigeria-Burkina Faso In 2022, Nigeria exported $22M to Burkina Faso. The main products that Nigeria exported to Burkina Faso are Petroleum Gas ($6.26M), Nitrogenous Fertilizers ($5.76M), and Rolled Tobacco ($2.38M). During the last 27 years the exports of Nigeria to Burkina Faso have increased at an annualized rate of 0.69%, from $18.3M in 1995 to $22M in 2022.

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

Burkina Faso-Nigeria In 2022, Burkina Faso exported $403k to Nigeria. The main products that Burkina Faso exported to Nigeria were Non-fillet Frozen Fish ($179k), Refined Petroleum ($123k), and Interchangeable Tool Parts ($38.9k). During the last 27 years the exports of Burkina Faso to Nigeria have increased at an annualized rate of 6.44%, from $74.8k in 1995 to $403k in 2022.

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

Comparison In 2022,  Nigeria ranked 119 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). 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, Nigeria exported $22M to Burkina Faso. The main products exported from Nigeria to Burkina Faso were Petroleum Gas ($6.26M), Nitrogenous Fertilizers ($5.76M), and Rolled Tobacco ($2.38M). During the last 27 years the exports of Nigeria to Burkina Faso have increased at an annualized rate of 0.69%, from $18.3M in 1995 to $22M in 2022.

In 2022, Burkina Faso exported $403k to Nigeria. The main products exported from Burkina Faso to Nigeria were Non-fillet Frozen Fish ($179k), Refined Petroleum ($123k), and Interchangeable Tool Parts ($38.9k). During the last 27 years the exports of Burkina Faso to Nigeria have increased at an annualized rate of 6.44%, from $74.8k in 1995 to $403k in 2022.

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

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

Latest Data

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

Nigeria Exports

Burkina Faso Exports

Market Competitiveness

Color
Nigeria
Top DestinationSpain$9.41B
Burkina Faso
Top DestinationSwitzerland$6.08B

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

In 2021, countries that imported more from Nigeria than Burkina Faso were Spain ($9.41B), India ($8.2B), and France ($4.95B).

In 2021, countries that imported more from Burkina Faso than Nigeria were Switzerland ($6.08B), Mali ($304M), and Rwanda ($36.4M).

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

Comparative Advantage Nigeria - Burkina Faso

Flow
Scale

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

During 2022, Nigeria had a large net trade with Burkina Faso in the exports of Chemical Products ($6.78M), Mineral Products ($6.4M), and Foodstuffs ($2.95M).

During 2022, Burkina Faso had a large net trade with Nigeria in the exports of Animal Products ($179k), Mineral Products ($123k), and Metals ($39.7k).

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

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

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