CÔTE D'IVOIRE

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C2

MEDIUM RISK for entreprise

  • Economic risk

  • Business environment risk

  • Political risk

  • Commercial risk

  • Financing risk

The country risk assessments are your North Star metrics to make the right decision for your business and understand the risks in international trade. We have always the best solution for your needs

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GDP USD43.007bn (World Ranking 90, World Bank 2018)
Population 25.07mn (World Ranking 54, World Bank 2018)
Form of state Multiparty Presidential Republic 
Head of government Alassane Dramane OUATTARA
Next elections October 2020, presidential
  • Recent emergence of a vibrant private sector with strong growth potential.
  • Close links with France, which maintains a rapid-deployment force for regional interventions.
  • World’s leading producer of cocoa (approximately 35-40% of global supply).
  • Membership of the West African Monetary Union (WAMU) and the CFA franc zone provide relative monetary stability, a common currency and access to a regional central bank. Low exchange rate and transfer risk.
  • Considerable debt relief under the HIPC initiative and, latterly, through the Paris Club.
  • Significant improvement of the business climate over the past years.
  • Vulnerability to climatic effects on agricultural output and to changes in internationally determined cocoa prices.
  • Security conditions and risk of terrorist activity are a concern along the borders with Burkina Faso, Mali, Liberia and Guinea.
  • Public debt rose rapidly after considerable debt cancellation initiatives undertaken in 2011.

Trade structure by destination/origin

(% of total)

Exports Rank Imports
Netherlands 11%
1
14% France
United States 7%
2
14% Nigeria
France 7%
3
12% China
Belgium 6%
4
4% United States
Germany 5%
5
4% Italy

Trade structure by product

(% of total)

Exports Rank Imports
Coffee, tea, cocoa, spices, and manufactures thereof 35%
1
25% Petroleum, petroleum products and related materials
Petroleum, petroleum products and related materials 20%
2
10% Other transport equipment
Other transport equipment 7%
3
6% Cereals and cereal preparations
Vegetables and fruits 7%
4
5% Road vehicles
Gold, non-monetary (excluding gold ores and concentrates) 5%
5
3% Other industrial machinery and parts

Contact Euler Hermes

Economic Research Team

research@eulerhermes.com

Contact Selin Ozyurt

Senior Economist for France and Africa

selin.ozyurt@eulerhermes.com

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