focus africa
Focus : Africa
Helping Indian companies do business with Africa
INDIA
INDIA
Africa
AFRICA
INDIA : India’s Trade with the African Region notched US$ 38.96 Billion in the year 2009-10 (DGCI&S provisional figures) constituting 8.37% share in India’s total trade. Trade with the region has grown at a CAGR of 18.10% from US$ 4.48 Billion in 1996-97.
AFRICA : 54 Countries, 1 billion people, US$ 1.01 Billion of trade. Imports worth US$ 468 billion include Mineral Fuels, Oils, Machinery, Vehicles including Boats, Ships, Aircrafts, Electronics & Electricals, Iron & Steel & Articles thereof, Cereals, Plastics, Pharmaceuticals, etc.

Top 20 product groups imported by select African countries ............. [More].
Ivory Coast
Country's Overview
 
 
 
 

 
geography

GEOGRAPHY

Ivory Coast is located at the western Africa, bordering the North Atlantic Ocean, between Ghana and Liberia. Area 322,463 sq km and coastline 515 km, Yamoussoukro is the capital city.

Climate:Tropical along coast, semiarid in far north; three seasons - warm and dry (November to March), hot and dry (March to May), hot and wet (June to October)

Political Structure: REPUBLIC, MULTIPARTY PRESIDENTIAL REGIME

SOURCE: CIA, WIKIPEDIA

 
   
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POPULATION

20,617,068 PEOPLE. GROWTH RATE IS 2.133% YOY.

Ethnic group:Akan 42.1%, Voltaiques or Gur 17.6%, Northern Mandes 16.5%, Krous 11%, Southern Mandes 10%, other 2.8%

Religion: Muslim 38.6%, Christian 32.8%, indigenous 11.9%, none 16.7%

Language: French (official), 60 native dialects with Dioula the most widely spoken

SOURCE: CIA, MAPS OF WORLD

 

 
   
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GDP (PPP)

USD $34.51 BILLION (2008 EST.)

The estimated real growth rate is 2.39%2008.the GDP growth rate for the year 2006 and 2007 were -0.3% and 1.6% respectively.

Source: CIA, Wikipedia

 

 

 

 
   
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TRADE(EXPORT & IMPORT)

Values in USD Billion 

IVORY COAST

Year 2006

Year 2007

Year 2008

Growth from 2006-07

Growth from 2007-08

CAGR over 3years

Imports

5.82

6.68

7.88

14.78%

17.96%

16.3%

Exports

8.15

8.1

9.78

-0.6%

20.74%

9.5%

Total Trade

13.97

14.78

17.66

5.8%

19.5%

12.4%

Total Trade as a % of GDP

42.9%

44.67%

52.17%

4.13%

16.79%

-

Source: UN Database

 

Major ports Cabinda, Lobito, Luanda, Namibe.

 
   
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SECTOR BREAKUP

AGRICULTURE: 28%, INDUSTRY: 21.6%, SERVICES: 50.4% (2008 EST.)

SOURCE: CIA, MAPS OF WORLD, WIKIPEDIA

 

 
   
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ECONOMY SNAPSHOTS

 

Cote d'Ivoire is the world's largest producer and exporter of cocoa beans and a significant producer and exporter of coffee and palm oil. However since 2006, oil and gas production have become more important engines of economic activity than cocoa. According to IMF statistics, earnings from oil and refined products were $1.3 billion in 2006, while cocoa-related revenues were $1 billion during the same period. Cote d'Ivoire's offshore oil and gas production has resulted in substantial crude oil exports and provides sufficient natural gas to fuel electricity exports to Ghana, Togo, Benin, Mali and Burkina Faso.

The major indicators for the development are:

 

Revenue

USD 4.823Bn Expenditure USD 4.915Bn

Investments as a part of

GDP 9.5% Inflation 6.3%
Public debt as a part of GDP 60.3% For-ex and gold reserves USD 1.715Bn

Source: World Bank report, CIA and Wikipedia