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Ivory Coast
(information)
Population as of 2020: 26.3 million 53 of 193
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Region: West Africa
Nominal G.D.P. in 2024: $86.54 billion 75 of 193
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Top Exports
Total exports: **~$20–21 billion (2024)** Ivory Coast has a **commodity-driven export economy**, dominated by **cocoa**, but also diversified across **gold, oil, rubber, and agriculture**. | Rank | Export Category | Notes | | ---- | ------------------------------------- | -------------------------------------------------------- | | 1 | **Cocoa & cocoa preparations** ⭐ | Largest sector (~$7.18B; ~30%+) | | 2 | **Precious metals (gold)** | Rapidly growing mining sector | | 3 | **Mineral fuels (oil & petroleum)** | Crude & refined fuels | | 4 | **Rubber & rubber products** | Major agricultural export | | 5 | **Fruits & nuts (cashews, coconuts)** | Large agro-export sector | | 6 | **Coffee, tea & spices** | Traditional exports (coffee) | | 7 | **Wood & wood products** | Timber exports | | 8 | **Vegetable oils (palm oil)** | Processed agriculture | | 9 | **Cotton** | Important cash crop | | 10 | **Cocoa derivatives (paste, butter)** | Value-added cocoa processing | Key individual export products (by value) | Rank | Product | Notes | | ---- | ----------------------------- | ------------------------------------------------- | | 11 | **Cocoa beans** | #1 export (~33% of total) | | 12 | **Cocoa paste & butter** | Processed cocoa products | | 13 | **Gold (unrefined)** | One of the top exports | | 14 | **Natural rubber** | ~13% of exports | | 15 | **Crude petroleum** | Key energy export | | 16 | **Refined petroleum oils** | Fuel exports | | 17 | **Cashew nuts** | One of the world’s largest exporters | | 18 | **Coffee (green beans)** | Traditional commodity | | 19 | **Timber (logs & sawn wood)** | Forestry exports | | 20 | **Palm oil & derivatives** | Growing processed export | Key Takeaways * 🍫 **World’s #1 cocoa exporter:** * Ivory Coast produces ~40% of global cocoa and cocoa dominates exports * 🌱 **Agriculture dominates overall:** * Cocoa, cashews, coffee, rubber, and palm oil are core exports * 🪙 **Gold is rising fast:** * Now one of the **top 2–3 exports** * 🛢️ **Energy sector growing:** * Oil exports are increasing but still secondary to agriculture * ⚖️ **Moderate diversification:** * Still concentrated: top 5 exports account for **~60%+ of total value** Top Importers of Ivory Coast’s Exports (2024) | Rank | Country | Notes | | ---- | ----------------- | --------------------------------------------------- | | 1 | **Netherlands** | Largest buyer; cocoa, oil, and EU distribution hub. | | 2 | **United States** | Cocoa products, oil, and agricultural goods. | | 3 | **Switzerland** | Gold and cocoa trading hub. | | 4 | **France** | Cocoa, coffee, and regional trade links. | | 5 | **India** | Gold, cashews, and agricultural products. | | 6 | **Germany** | Cocoa processing and industrial imports. | | 7 | **Belgium** | Trade hub; cocoa and metals. | | 8 | **Spain** | Cocoa, fruits, and agricultural goods. | | 9 | **Italy** | Cocoa and processed agricultural products. | | 10 | **China** | Oil, rubber, and raw materials. | Key Patterns * 🍫 **Cocoa drives global trade**: * European countries import cocoa for **processing and chocolate production** * 🪙 **Gold exports shape partners**: * Countries like **Switzerland and India** appear due to gold trading * 🌍 **Europe dominates overall**: * Many top partners are **EU countries and trade hubs** * 🔁 **Trade hubs are critical**: * **Netherlands and Belgium** act as major **distribution centers**
