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Côte d’Ivoire as a Market

As the third largest economy in West Africa and a top producer of cocoa beans and cashew nuts, Côte d’Ivoire boasts enormous economic potential.

Côte d’Ivoire is among the largest exporters of goods in Sub-Saharan Africa. In 2017, a World Trade Organisation (WTO) report indicated Côte d’Ivoire’s total exports at an estimated USD 12.65 billion with the EU, the United States, Burkina Faso, India and Mali as main export markets. The country’s total imports for the same year amounted to USD 9.8 billion. The chart below shows a graphical distribution of exported goods and trade value among major trade partners of Cote d’Ivoire.


Source: World Trade Organization

In 2017, the main Danish exports to Côte dIvoire were machinery and electronic equipment, food, and chemicals and textiles. The major Danish imports from Côte d’Ivoire were manufactures, agricultural raw materials and textiles. The chart below indicates export trade of the major commodities from Denmark to Cote d’Ivoire for the year 2017.

 


Source: Danmarks Statistik

Côte dIvoire is gradually recovering after a long period of crisis and civil unrest. Foreign Direct Investments are increasing as the economy continues to improve, and in 2014 the African Development Bank returned to its headquarters in Abidjan. The presidential election in October 2015 was won by the sitting president Mr. Alassane Ouattara.

The table below provides an overview of some key economic indicators regarding Côte d’Ivoire as a market from 2013 to 2017.

The Ivorian Governments Accelerating 2030 Agenda puts great emphasis on involving the private sector in Côte d’Ivoire’s economic development and on implementing a new investment code, which will encourage the flow of foreign investment through lower investment caps. These changes create enormous opportunity for Danish companies working with green investments and sustainable building. Please click here to download the Ivorian Government’s Accelerating 2030 Agenda. 

Contact us:

Naja Møller Jørgensen
Commercial Attaché
Email: najjor@um.dk

 

Linda Kafui Abbah-Foli
Commercial Adviser

Email: linabb@um.dk

 

Garcia Armelle Honvoh
Commercial Adviser
Email: garhon@um.dk

 

Emmanuel Antwi Akoto

Commercial Adviser

Email: emmako@um.dk

 

Regitze Theill Jensen
Trade & Investment Trainee
Email: regjen@um.dk

 

Mads Andersen Münster
Trade & Investment Trainee
Email: madmun@um.dk