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India Burkina Faso Business & Cultural Council

Burkina Faso, a landlocked West African country, has a rich cultural heritage. Its capital is Ouagadougou. Predominantly agricultural, it faces economic and security challenges. French is the official language, with various indigenous languages also spoken.

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Ambassador and Consul General

The Ambassador of Burkina Faso H.E. Mr. Amadou Traore accepted the Honorary Membership of Global India Business Forum Founder and Global President Dr. Jitendra Joshi and Co - Founder and Secretary General Deepali Gadkari visited the embassy for Mutual Business Association between India & Burkina Faso.

Gold, Raw Cotton, Other oily seeds, Coconut, Brazil nuts, Cashew, Zinc Ore

Refined Petroleum, Electricity, Packaged Medicaments, Petroleum Gas, Cement

ABOUT Burkina Faso

Burkina Faso is a landlocked country in West Africa that covers an area of around 274,200 square kilometres and is bordered by Mali to the northwest, Niger to the northeast, Benin to the southeast, Togo and Ghana to the south, and the Ivory Coast to the southwest. As of 1 January 2021, the population of Burkina Faso was estimated to be 21,218,526 people. Capital of Burkina Faso is Ouagadougou with population of 2,915,000. About nine-tenths of the population is engaged in subsistence agriculture or livestock raising. Difficult economic conditions, made worse by severe intermittent droughts, have provoked considerable migration from rural to urban areas within Burkina Faso and to neighboring countries, most notably Côte d’Ivoire and Ghana. The development of industry in Burkina Faso is hampered by the small size of the market economy and by the absence of a direct outlet to the sea. Agricultural production consists of subsistence foodstuffs, with the surplus being sold as cash crops. Surplus cotton, shea nuts, sesame, and sugarcane are exported, while sorghum, millet, corn (maize), peanuts (groundnuts), and rice are grown for local consumption. Industry is limited to a number of plants that are mainly in the cities and larger towns. Chief manufactures include foodstuffs, beverages, textiles, shoes, and bicycle parts.

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BUSINESS OPPORTUNITIES in Burkina Faso

BUSINESS OPPORTUNITIES IN Burkina Faso

Since Gold is the largest export of Burkina Faso, a lot of businesses dealing with Gold and its by-products can be successfully established. Also, Raw Cotton, Coconuts are fast growing export industry of Burkina Faso.

Exports and Imports in Burkina Faso

Overview In 2022, Burkina Faso was the number 119 economy in the world in terms of GDP (current US$), the number 110 in total exports, the number 144 in total imports, the number 174 economy in terms of GDP per capita (current US$) and the number 131 most complex economy according to the Economic Complexity Index (ECI).

Top Exports of Burkina Faso

The top exports of Burkina Faso are Gold ($6.74B), Raw Cotton ($502M), Other Oily Seeds ($169M), Coconuts, Brazil Nuts, and Cashews ($168M), and Zinc Ore ($162M), exporting mostly to Switzerland ($6.08B), United Arab Emirates ($538M), Mali ($304M), Singapore ($173M), and Cote d'Ivoire ($171M).

Top Imports of Burkina Faso

The top imports of Burkina Faso are Refined Petroleum ($1.19B), Electricity ($166M), Packaged Medicaments ($164M), Petroleum Gas ($126M), and Cement ($124M), importing mostly from Cote d'Ivoire ($845M), China ($620M), Russia ($391M), France ($384M), and Ghana ($285M).

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