Burkina Faso
AGOA Status: Burkina Faso is eligible for AGOA this year. It also qualifies for textile and apparel benefits.
Trade Agreements: The U.S. and the West African Economic and Monetary Union (UEMOA), which includes Burkina Faso, have a Trade & Investment Framework Agreement (TIFA).
U.S.-Burkina Faso Trade Facts
Burkina Faso is currently our 178th largest goods trading partner with $49 million in total (exports plus imports) goods trade during 2010. Goods exports totaled $46.6 million; Goods imports totaled $2.4 million. The U.S. goods trade surplus with Burkina Faso was $44.2 million in 2010.
Exports
Burkina Faso was the United States' 163rd largest goods export market in 2010.
U.S. goods exports to Burkina Faso in 2010 were $46.6 million, up 80.5% from 2009.
The top export categories (2-digit HS) for 2010 were: Aircrafts ($11.8 million), Machinery ($8.2 million), Iron and Steel Products ($3.6 million), Special Other ($3.4 million), and Cereals (rice) ($3.3 million).
Imports
Burkina Faso was the United States' 188th largest supplier of goods imports in 2010.
U.S. goods imports from Burkina Faso totaled $2.4 million in 2010, a 12.4% increase from 2009.
The top import category (2-digit HS) for 2010 was: Precious Stones and Metals ($1.6 million).
Trade Balance
The U.S. goods trade surplus with Burkina Faso was $44.2 million in 2010, 84% more than in 2009.