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, signed a Trade and Investment Framework Agreement (TIFA) in 2002.U.S.-Burkina Faso Trade Facts
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' 180th largest goods export market in 2011.
U.S. goods exports to Burkina Faso in 2011 were $34 million, down 28% from 2010.
The top export categories (2-digit HS) for 2011 were: Machinery ($9 million), Vehicles ($5 million), Aircrafts ($4 million), Cereal (rice) ($2 million), and Electrical Machinery ($2 million).
Imports
Burkina Faso was the United States' 186th largest supplier of goods imports in 2011.
U.S. goods imports from Burkina Faso totaled $4 million in 2011, a 51.6% increase from 2010.
The top import category (2-digit HS) for 2011 was: Precious Stones and Metals (gold) ($2 million).
Trade Balance
The U.S. goods trade surplus with Burkina Faso was $30 million in 2011, 32.4% less than in 2010.