Burundi Economic information

Burundi is a country located in East Africa. Its economy is generally based on the agricultural sector. Burundi's agricultural sector accounts for approximately 32 percent of the country's GDP. The most important agricultural products include coffee, tea, bananas, sugar cane, potatoes and corn. In addition to these products, cotton, tobacco, legumes and fruits are also grown. The agricultural sector provides a large portion of the country's foreign trade revenues. Burundi's industrial sector is quite limited. Major industrial activities include food processing, textiles, leather processing and furniture production. However, the industrial sector still has a very small share in the country's economy. Burundi generally does business with neighboring countries in its foreign trade. Major trading partners include Tanzania, Uganda, Rwanda and the Democratic Republic of Congo. Coffee, tea, corn, legumes and gold play an important role in Burundi's exports. Its imports include petroleum products, machinery and equipment, chemicals and food products. Burundi's economy still faces many problems. The poverty rate is high, there is an unemployment problem, and the political instability throughout the country has a negative impact on the economy. However, the government and international organizations carry out various programs to promote economic development and reduce poverty.