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Home :: Trade Leads By Country : Burundi



BURUNDI

Burundi, Countries by TradeBurundi, Countries by Trade

Introduction

Burundi is a mix of culture and has a lot in it to explore and enjoy.The history is just marvelling and also fascinating to the visitors who visit this country and moreover the natural beauty is also something that one must look out for.There are tailormade vacation packages for different people according to the different choice they make and also to suit one’s buget.


Business and Economy

Burundi is a landlocked country and has a lot of resources to support itself and therefore is quite dependant on the agriculture and also the natural reources that are avialable to them, however if one looks at the other varid resources that there should be there to support a fast growing economy it is not present.The resource-poor country with an underdeveloped manufacturing sector. The economy is predominantly agricultural with roughly 90% of the population dependent on subsistence agriculture. Economic growth depends on coffee and tea exports, which account for 90% of foreign exchange earnings.


Major Cities

The major cities in Burundi are Bujumbura,Gitega,Muyinga,Ngozi,Ruyigi.


Fact Sheet

GDP-purchasing power parity - $3.83 billion (2003 est.)
GDP - real growth rate: 0% (2003 est.)
GDP - per capita: purchasing power parity - $600 (2003 est.)
GDP - composition by sector: agriculture: 40.5%
industry: 18.6%
services: 40.9% (2002 est.)
Population below poverty line: 68% (2002 est.)
Household income or consumption by percentage share: lowest 10%: 1.8%
highest 10%: 32.9% (1998)
Distribution of family income - Gini index: 42.5 (1998)
Inflation rate (consumer prices): 11% (2003 est.)
Labor force: 2.99 million (2002)
Labor force - by occupation: agriculture 93.6%, industry 2.3%, services 4.1% (2002 est.)
Unemployment rate: NA% (2003 est.)
Budget: revenues: $125 million
expenditures: $176 million, including capital expenditures of $NA (2000 est.)
Industries: light consumer goods such as blankets, shoes, soap; assembly of imported components; public works construction; food processing
Agriculture - products: coffee, cotton, tea, corn, sorghum, sweet potatoes, bananas, manioc (tapioca); beef, milk, hides
Exports: $40 million f.o.b. (2003 est.)
Exports - commodities: coffee, tea, sugar, cotton, hides
Exports - partners: Germany 25%, Belgium 14.3%, Kenya 10.7%, Netherlands 7.1%, Rwanda 7.1% (2002)
Imports: $128 million f.o.b. (2003 est.)
Imports - commodities: capital goods, petroleum products, foodstuffs
Imports - partners: Belgium 12%, Saudi Arabia 12%, France 7.5%, Kenya 7.5%, Tanzania 6%, Algeria 5.3%, India 4.5% (2002)
Debt - external: $1,132.5 million (2002)
Economic aid - recipient: $92.7 million (2000)
Currency: Burundi franc (BIF)
Currency code: BIF
Exchange rates: Burundi francs per US dollar - 1,082.62 (2003), 930.75 (2002), 830.35 (2001), 720.67 (2000), 563.56 (1999)
Fiscal year: calendar year





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