International Trade in Burkina Faso

International Trade in Burkina Faso

Significantly affected by the effects of the energy, cotton industry, food industry and financial sector crises of the 2009, Burkina Faso's growth again accelerated in 2010, reaching 4.4% (compared to 3.2% in 2009) The contry is extremely vulnerable to external economic shocks due to its... Read more

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Market Analyses About Burkina Faso (42)

Import and Export Services in Burkina Faso (24)

  • MARS EXIM PVT LTD

    MARS EXIM PVT LTD

    Direct Marketing, Burkina Faso

    Our company is Govt. of India Recognized Export House .Our main line of products are Light engineering goods which includes : •...
  • Mars Exim Pvt. Ltd.

    Mars Exim Pvt. Ltd.

    Direct Marketing, Burkina Faso

    Our company is Govt. of India Recognized Export House and member of Federation of Indian Export Organizations (FIEO)  which is a...

Business Tips About Burkina Faso (14)

Agents and Distributors in Burkina Faso (3)

Overview About International Trade in Burkina Faso

Economic Overview

Significantly affected by the effects of the energy, cotton industry, food industry and financial sector crises of the 2009, Burkina Faso's growth again accelerated in 2010, reaching 4.4% (compared to 3.2% in 2009) The contry is extremely vulnerable to external economic shocks due to its weak economic diversification and a great dependence on cotton and gold exports.

As part of the accord signed with the IMF as part of the Extended Credit Facility framework, Burkina Faso has began a reform program aiming to preserve macroeconomic stability and diversify the economy. Balacking public finances, increasing spending on basic infrastructures and welfare services, as well as reforming the financial system and improving the business climate are at the center of this program.

Burkina Faso is one of the poorest nations in the world. Poverty affects more than 40% of the population.

 

FDI in Figures

After having peaked in 2007, FDI influx has slowed down but remains on a level slightly above that of 2006, a trend which should continue during the coming years.

Burkina Faso encourages FDI and offers tax benefits. A foreign company can own 100% shares in a local company. However, inv...

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