The Ambassador of Burkina Faso H.E. Mr. Amadou Traore accepted the Honorary Membership of Global
India Business Forum.
Ambassador and Consul General
INDIA - BURKINA FASO BUSINESS & CULTURAL COUNCIL
The Ambassador of Burkina Faso H.E. Mr. Amadou Traore accepted the Honorary Membership of Global India
Business Forum. Our Global President Dr. Jitendra Joshi and Director - Global Operations Ms. Deepali
Gadkari visited the embassy for Mutual Business Association between India & Burkina Faso.
Soybeans, Sulfate Chemical Woodpulp, Poultry Meat, Frozen Bovine Meat, Raw Sugar
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.
BUSINESS OPPORTUNITIES
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 BUKRKINA FASO
Trade dynamics can be influenced by various factors, including global market conditions,
government policies, and regional economic partnerships. Burkina Faso is a member of the
West African Economic and Monetary Union (WAEMU), which uses the West African CFA franc
(XOF) as its common currency.
To obtain the latest information on Burkina Faso's exports and imports, you can check
official reports, trade statistics, and economic updates provided by Burkina Faso's
government agencies and international organizations.
TOP EXPORTS OF BUKRKINA FASO
The top exports of Burkina Faso are Gold ($4.28B), Raw Cotton ($321M), Coconuts, Brazil
Nuts, and Cashews ($219M), Zinc Ore ($210M), and Raw Zinc ($188M), exporting mostly to
Switzerland ($3.21B), India ($1.16B), Singapore ($253M), Cote d'Ivoire ($210M), and
Ghana ($109M).
TOP IMPORTS OF BUKRKINA FASO
The top imports of Burkina Faso are Refined Petroleum ($713M), Packaged Medicaments
($122M), Rice ($111M), Cement ($95.7M), and Delivery Trucks ($83.6M), importing mostly
from Cote d'Ivoire ($549M), China ($373M), France ($337M), Ghana ($248M), and India
($230M).
