Burkina Faso

U.S.-Burkina Faso Trade Facts

Burkina Faso is currently the United States' 190th largest goods trading partner with $25 million in total (two way) goods trade during 2008.

Burkina Faso is eligible for trade benefits under the African Growth and Opportunity Act (AGOA).  In 2008 U.S. imports from Burkina Faso under AGOA and the Generalized System of Preferences were valued at over $59,000 and included basketwork, jewelry, and wooden ornaments.

Exports

U.S. goods exports to Burkina Faso totaled $25 million in 2008.  Exports mainly included machinery, cereals, and edible oils.

Imports

U.S. goods imports from Burkina Faso totaled $600 thousand in 2008.  Imports mainly included machinery, works of art, and tobacco.

Burkina-Faso is a member of the West African Economic and Monetary Union (also known by its French acronym, UEMOA). UEMOA member countries are working toward greater regional integration with unified external tariffs. UEMOA has established a common accounting system, periodic reviews of member countries' macroeconomic policies based on convergence criteria, a regional stock exchange, and the legal and regulatory framework for a regional banking system.