Trading Partner Portal: Cote d’Ivoire
Overview
Trade Overview
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 2022, the U.S. exported $505 million worth of goods to the Ivory Coast, an increase from $359 million in 2021. Oil and gas made up $211 million of the total. This was followed by chemicals and transportation equipment which totaled $140 million and $39 million, respectively. The same year, the U.S. imported $1.05 billion worth of goods form the Ivory Coast. $495 million of total imports was made up of agricultural products, which includes cocoa. This was followed by imports of $329 million of processed foods, and forestry products and petroleum and coal products making up $190million and $22 million of the total, respectively.
Trade with California
California exported $7 million to the Ivory Coast in 2022. This was made up of $2 million of transportation equipment, and $2 million of computers and electronic products. This was followed by miscellaneous manufactured commodities and used or second-hand merchandise.
California imports from the Ivory Coast in 2022 totaled $78 million. The majority of which were made up of processed foods totaling $33 million. This was followed by petroleum and coal products, making up $22 million.
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
Events
Events