Country Guides
Burundi
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Burundi
• GDP: US$800 million (2005).
• Main exports: Coffee, tea, sugar, cotton and hides.
• Main imports: Capital goods, petroleum products and foodstuffs.
• Main trade partners: Switzerland, Germany, Belgium, Thailand, USA, Italy, Japan, Kenya, Tanzania, Uganda, France, Rwanda and Zambia.
Economy
Subsistence agriculture employs 90% of the workforce and accounts for approximately half of the total economic output. Cassava and sweet potatoes are the main subsistence crops, while coffee (the country’s leading export), tea and cotton are the main cash crops. Hides and skins also produce valuable income.
The country’s small mining industry produces gold, tin, tungsten and tantalum. Deposits of vanadium, uranium and nickel (perhaps 5% of known global reserves) have also been located and are due to be exploited in the near future. Oil deposits are believed to be present, although the quantities are unknown. Manufacturing is confined to small textile concerns.
Burundi has economic cooperation agreements with Rwanda and the Democratic Republic of Congo through the Economic Community of the Great Lakes Countries and is a member of the Common Market for Eastern and Southern Africa (COMESA) and of the International Coffee Organisation. Burundi is also a member of the African Union (AU) and the World Tourism Organisation.
As one of the poorest countries in the world, with an annual per capita income of just US$100, Burundi remains heavily dependent on foreign aid, principally from France, Germany, Belgium (these three are also its major sources of imports), the EU and the World Bank.
Burundi’s major export markets are the countries of the CFA Franc zone, which take approximately one-third of the total.
The economy was expected to grow by 4% in 2006, while inflation was expected to be 11%.
Business Etiquette
Lightweight suits are necessary. April to October and December to January are the best times to visit.
Office hours: Mon-Fri 0730-1200 and 1400-1730.
Business Contacts
Chambre de Commerce et de l’Industrie du Burundi
BP 313, Bujumbura, Burundi
Tel: 222 280.
Intercontact (Information on Conferences/Conventions)
BP 982, 19 rue de l’Industrie, Bujumbura, Burundi
Tel: 226 618 or 666.
Website: www.intercontactservices.com
• GDP: US$800 million (2005).
• Main exports: Coffee, tea, sugar, cotton and hides.
• Main imports: Capital goods, petroleum products and foodstuffs.
• Main trade partners: Switzerland, Germany, Belgium, Thailand, USA, Italy, Japan, Kenya, Tanzania, Uganda, France, Rwanda and Zambia.
• Main exports: Coffee, tea, sugar, cotton and hides.
• Main imports: Capital goods, petroleum products and foodstuffs.
• Main trade partners: Switzerland, Germany, Belgium, Thailand, USA, Italy, Japan, Kenya, Tanzania, Uganda, France, Rwanda and Zambia.
Economy
Subsistence agriculture employs 90% of the workforce and accounts for approximately half of the total economic output. Cassava and sweet potatoes are the main subsistence crops, while coffee (the country’s leading export), tea and cotton are the main cash crops. Hides and skins also produce valuable income.
The country’s small mining industry produces gold, tin, tungsten and tantalum. Deposits of vanadium, uranium and nickel (perhaps 5% of known global reserves) have also been located and are due to be exploited in the near future. Oil deposits are believed to be present, although the quantities are unknown. Manufacturing is confined to small textile concerns.
Burundi has economic cooperation agreements with Rwanda and the Democratic Republic of Congo through the Economic Community of the Great Lakes Countries and is a member of the Common Market for Eastern and Southern Africa (COMESA) and of the International Coffee Organisation. Burundi is also a member of the African Union (AU) and the World Tourism Organisation.
As one of the poorest countries in the world, with an annual per capita income of just US$100, Burundi remains heavily dependent on foreign aid, principally from France, Germany, Belgium (these three are also its major sources of imports), the EU and the World Bank.
Burundi’s major export markets are the countries of the CFA Franc zone, which take approximately one-third of the total.
The economy was expected to grow by 4% in 2006, while inflation was expected to be 11%.
The country’s small mining industry produces gold, tin, tungsten and tantalum. Deposits of vanadium, uranium and nickel (perhaps 5% of known global reserves) have also been located and are due to be exploited in the near future. Oil deposits are believed to be present, although the quantities are unknown. Manufacturing is confined to small textile concerns.
Burundi has economic cooperation agreements with Rwanda and the Democratic Republic of Congo through the Economic Community of the Great Lakes Countries and is a member of the Common Market for Eastern and Southern Africa (COMESA) and of the International Coffee Organisation. Burundi is also a member of the African Union (AU) and the World Tourism Organisation.
As one of the poorest countries in the world, with an annual per capita income of just US$100, Burundi remains heavily dependent on foreign aid, principally from France, Germany, Belgium (these three are also its major sources of imports), the EU and the World Bank.
Burundi’s major export markets are the countries of the CFA Franc zone, which take approximately one-third of the total.
The economy was expected to grow by 4% in 2006, while inflation was expected to be 11%.
Business Etiquette
Lightweight suits are necessary. April to October and December to January are the best times to visit.
Office hours: Mon-Fri 0730-1200 and 1400-1730.
Office hours: Mon-Fri 0730-1200 and 1400-1730.
Business Contacts
Chambre de Commerce et de l’Industrie du Burundi
BP 313, Bujumbura, Burundi
Tel: 222 280.
Intercontact (Information on Conferences/Conventions)
BP 982, 19 rue de l’Industrie, Bujumbura, Burundi
Tel: 226 618 or 666.
Website: www.intercontactservices.com
BP 313, Bujumbura, Burundi
Tel: 222 280.
Intercontact (Information on Conferences/Conventions)
BP 982, 19 rue de l’Industrie, Bujumbura, Burundi
Tel: 226 618 or 666.
Website: www.intercontactservices.com
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