Trading Partner Portal: Cote d’Ivoire
Cote d’Ivoire, or the Ivory Coast in English, is located off the south coast of West Africa. The area became a protectorate of France in 1842, becoming a colony in 1893, and later achieved independence in 1960 under Félix Houphouët-Boigny, who ruled the country from 1960 to 1993 when he died. The Ivory Coast is relatively stable, by regional standards, and has close political and economic ties with its West African neighbors, while at the same time maintaining close relations with the West, especially France. In the 1960s and 70s, the country was an economic powerhouse in West Africa due to its production of coffee and cocoa. Today, the country is the world’s largest exporter of cocoa beans and the fourth largest exporter of goods overall in sub-Saharan Africa.
In 2018, the U.S. exported $311 million worth of goods to the Ivory Coast. Chemicals made up 30% of the total and $94 million. Petroleum and coal products made up 15.2% of the total and $47 million. Followed by oil and gas and non-electrical machinery which totaled $36.69 million and $30.25 million, respectively. The same year, the U.S. imported $1.24 billion worth of goods form the Ivory Coast. 50.8% of total imports was made up of agricultural products, which includes cocoa, and totaled $632.8 million. This was followed by imports of $257.95 million of petroleum and coal products, making up 20.7% of the total, and food manufactures and oil and gas making up 10.2% and 9.2% of the total, respectively.
Trade with California
California exported $7.24 million to the Ivory Coast in 2018. This was made up of $1.898 million of food manufactures, which accounted for 26.2% of the total and $1.48 million of non-electrical machinery, which accounted for 20.5% of the total. This was followed by miscellaneous manufactured goods and computer and electronic products, which each made up just over 12% of total exports.
California imports from the Ivory Coast in 2018 totaled $30.96 million The majority of which were made up of food manufactures totaled $24 million and making up 78% of the total. This was followed by agricultural products, making up 21.2% of the total at $6.5 million. Imports also included reimports and used or second-hand merchandise, making up less than 0.5% of the total. California was the 7th largest importing state from the Ivory Coast. The largest being Pennsylvania, likely because of the Ivory Coast’s cocoa production.
Remarks by Commerce Secretary Wilbur L. Ross at the U.S.-Cote d’Ivoire MOU Signing Ceremony
U.S. Department of Commerce, December 7, 2018