2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 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 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC
$833CURRENT US$
Rnk 174 / 186
2012-2022
Flag
GDP PC GROWTH
13.5%CURRENT US$
Rnk 102 / 186

About

Vietnam-Burkina Faso In 2022, Vietnam exported $52.7M to Burkina Faso. The main products that Vietnam exported to Burkina Faso are Motorcycles and cycles ($23.4M), Bedspreads ($22.6M), and Hot-Rolled Iron Bars ($1.62M). During the last 27 years the exports of Vietnam to Burkina Faso have increased at an annualized rate of 7.57%, from $7.36M in 1995 to $52.7M in 2022.

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

Burkina Faso-Vietnam In 2022, Burkina Faso exported $362k to Vietnam. The main products that Burkina Faso exported to Vietnam were Coconuts, Brazil Nuts, and Cashews ($227k), Prepared Cotton ($127k), and Cotton Waste ($4.46k). During the last 27 years the exports of Burkina Faso to Vietnam have decreased at an annualized rate of 2.29%, from $676k in 1995 to $362k in 2022.

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

Comparison In 2022,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B). 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, Vietnam exported $52.7M to Burkina Faso. The main products exported from Vietnam to Burkina Faso were Motorcycles and cycles ($23.4M), Bedspreads ($22.6M), and Hot-Rolled Iron Bars ($1.62M). During the last 27 years the exports of Vietnam to Burkina Faso have increased at an annualized rate of 7.57%, from $7.36M in 1995 to $52.7M in 2022.

In 2022, Burkina Faso exported $362k to Vietnam. The main products exported from Burkina Faso to Vietnam were Coconuts, Brazil Nuts, and Cashews ($227k), Prepared Cotton ($127k), and Cotton Waste ($4.46k). During the last 22 years the exports of Burkina Faso to Vietnam have decreased at an annualized rate of 2.29%, from $676k in 2000 to $362k in 2022.

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

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

Latest Data

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

Burkina Faso Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Burkina Faso
Top Destination
Switzerland$6.08B

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

In 2021, countries that imported more from Vietnam than Burkina Faso were United States ($117B), China ($58.7B), and South Korea ($25.2B).

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

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

Comparative Advantage Vietnam - Burkina Faso

Flow
Scale

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

During 2022, Vietnam had a large net trade with Burkina Faso in the exports of Transportation ($23.4M), Textiles ($22.7M), and Machines ($1.73M).

During 2022, Burkina Faso had a large net trade with Vietnam in the exports of Vegetable Products ($227k), Textiles ($131k), and Animal and Vegetable Bi-Products ($4.19k).

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

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

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