Destination Guides
Burundi

 
usiness
 

GDP: US$600 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 per cent 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 per cent 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. It appeared, in 2001, that Burundi's future prospects had been improved by the largely successful implementation of the Mandela peace accord. However, sustainable peace between the Tutsi minority, who dominates Government, and the Hutu majority, has looked increasingly doubtful, and has hampered Burundi's economic development - GDP plummeted to -1 per cent in 2004. Burundi’s major export markets are the countries of the CFA Franc zone, which take approximately one-third of the total.

 
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.

 
Commercial Information

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