Ivory Coast Trade

Subchapters:

  • Business Relationships
  • Foreign direct investment
  • FTAs ​​and Treaties
  • Development Cooperation
  • Prospective fields of study (MOP)

Business relations

Trade relations with the EU

Economically, Côte d’Ivoire is among the fastest growing African economies and is the largest economy in Francophone Africa. Cote d’Ivoire is also home to the African Development Bank and attracts a regional migrant workforce and a significant professional expatriate community. Côte d’Ivoire adopted a new investment code on 1 August 2018. This new law brings a whole range of innovations, from the revitalization of the institutional framework to changing the setting of tax rules to new obligations for investors. The main investors are the European Union (the leading investor is France) and Canada. Investments are mainly focused on the mining industry and finance.

  • Allcountrylist: Overview of major industries in Ivory Coast, including mining, construction, transportation, tourism, and foreign trade.
2017 2018 2019 2020 2021
Exports from the EU (million EUR) 2,716.30 2,626.20 2,637.40 2,801.70 3,378.70
Imports into the EU (million EUR) 4,315.20 4,150.90 4,170.70 3,918.20 4,080.90
Balance with the EU (million EUR) 1,598.9 1,524.7 1,533.4 1,116.5 702.1

Source: European Commission

Trade relations with the Czech Republic

The trade relationship with the Czech Republic is relatively small. One of the biggest contracts in recent years was the supply of IVECO buses to Abidjan.

2017 2018 2019 2020 2021
Exports from the Czech Republic (billion CZK) 0.8 0.8 1.3 1.4 ON
Imports to the Czech Republic (billion CZK) 0.3 0.5 0.7 0.8 ON
Balance with the Czech Republic (billion CZK) -0.5 -0.2 -0.6 -0.6 ON

Source: CZSO

Trade relations with countries outside the EU

2017 2018 2019 2020 2021
Exports from countries outside the EU (million EUR) 7,383.7 7,504.1 8,097.3 7,823.3 9,645.9
Imports to countries outside the EU (million EUR) 4,094.5 5,309.1 5,209.3 5,652.4 7,814.9
Balance with non-EU countries (million EUR) 3,289.2 2,195.0 2,887.9 2 170.9 1,831.0

Source: EIU, Eurostat

Foreign direct investment

ON

FTAs and treaties

Treaties with the EU

ON

Contracts with the Czech Republic

Agreements with the Czech Republic There is currently no bilateral agreement between the Czech Republic and Ivory Coast. The trade agreement signed in 1982 was in force until 2004 (it was terminated in connection with the entry of the Czech Republic into the EU). In April 2019, the ZÚ Accra received from the Ministry of Foreign Affairs of the Ivory Coast the drafts of the “Treaty on the avoidance of double taxation between the Czech Republic and the Ivory Coast”, the “Treaty on the support and protection of investments in the Czech Republic and the Ivory Coast” and the “Intergovernmental Agreement on economic cooperation between the Czech Republic and the Ivory Coast”.. The negotiation process is now underway. SUMMARY TERRITORIAL INFORMATION – IVORY COAST https://

Developmental cooperation

For the year 2021, we do not register any development projects from the Czech Republic.

Prospective fields of study (MOP)

Agriculture – demand for industrial fertilizers, tractors, mechanization

Healthcare sector – hospitals, medical equipment, medicines

Transport – buses, railway development

Energy – water, solar power plants

 

Practical telephone numbers (emergency services, police, firemen, information lines, etc.)

Country code: 225

Police: 110/111/170 (20 22 20 30)

Emergency service: 185 (22 44 34 45)

Ambulance: 185

Firefighters: 180CIE

(electricity): 179SODECI

(water): 175

Inquiries to phone numbers (Télécom):

Airport: 21 75 79 01 (02)

For contacts to any public institution, click on the link below www.annuaire.gouv.ci

Important web links and contacts

Government of Cote d’Ivoire – www.gouv.ci – gouv.ci

The Investment Promotion Center in Cote d’Ivoire – cepici.gouv.ci

Ministry of Economics And Finance- finances.gouv.ciDepartment of the

Ministry of Finance and the Economy – https://finances.gouv.ci//

Ministère de la Promotion de la Jeunesse et de l’Emploi des Jeunes – http://jeunesse.gouv.ci/

The Chamber of Commerce in Cote d’Ivoire – cci.ci

The National Social Security Fund – cnps.ci

The Central Bank of West African States (BCEAO) – bceao.int

Electricity Company of Cote D’Ivoire-cie.ciIndependent

National Regulatory Authority for Public Procurement – ppp.gouv.ci

The Chamber of Commerce and Industry – chamco-ci.org

Water Distribution Company (SODECI) – sodeci.ci

Tourism Agency in Cote d’Ivoire – cotedivoiretourisme.ci

The National Board for Standardization and Certification – codinorm.ci

The Ivory Coast Directorate General of Customs – douanes.ci

National Institute of Statistics – ins.ci/Port of Abidjan – portabidjan.ci/en

The Ruling Center – webbfontaine.ci

The Directorate General for Taxation – dgi.gouv.ci

The Coffee and Cocoa Board of Cote d’Ivoire – conseilcafecacao.ci

Fratmat Newspaper – fratmat.infoAbidjan – abidjan.net

Agence Ivoirienne de Presse – aip.ciRTI

Radio Television Ivoirienne) – www.rti.ci

Ivory Coast Trade