How does Burundi make money?

Answered by James Kissner

Burundi, a small landlocked country located in East Africa, relies heavily on its agricultural sector to generate income and support its economy. Agriculture plays a crucial role in the country, accounting for over 40% of its GDP and employing more than 90% of the population. As such, the primary source of revenue for Burundi is derived from the export of agricultural products, with coffee and tea being the main contributors.

Coffee production is a significant economic activity in Burundi, and the country is known for producing high-quality Arabica coffee beans. Coffee exports make up a substantial portion of Burundi’s foreign exchange earnings, contributing to more than half of the total. The government, along with various international organizations, has been working to improve the coffee sector by promoting sustainable farming practices, providing training to farmers, and enhancing the quality of the coffee beans.

Tea is another vital export crop for Burundi. The country has favorable climatic conditions and fertile soils that are well-suited for tea cultivation. Similar to coffee, tea production has been a major source of income, contributing significantly to foreign exchange earnings. The government has been actively supporting the tea sector by investing in infrastructure, establishing processing factories, and facilitating access to international markets.

Aside from coffee and tea, Burundi also exports other agricultural products such as cotton, sugar, and hides and skins. These commodities, although not as prominent as coffee and tea, still play a role in generating income for the country. Additionally, small-scale subsistence farming is widespread, providing food and livelihoods for the majority of the population.

Burundi has faced various challenges in its agricultural sector, including lack of modern farming techniques, inadequate infrastructure, and limited access to markets. The government has been implementing agricultural policies aimed at addressing these issues and promoting sustainable development. Efforts have been made to improve irrigation systems, provide access to credit for farmers, and enhance agricultural extension services.

Furthermore, Burundi has been exploring opportunities to diversify its economy beyond agriculture. The government has been focusing on sectors such as tourism, mining, and manufacturing to stimulate economic growth and reduce dependency on agriculture. However, these sectors are still in the early stages of development and have not yet reached the same level of significance as agriculture.

Burundi’s economy heavily relies on agriculture, with coffee and tea being the primary exports that contribute significantly to foreign exchange earnings. The country’s agricultural sector accounts for a substantial portion of its GDP and provides employment for the majority of the population. While efforts are being made to diversify the economy, agriculture remains the backbone of Burundi’s economy and plays a crucial role in its development.