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Export News
2025-08-19
Known officially as the Republic of Côte d'Ivoire, Ivory Coast is a West African nation that shipped an estimated US$20.5 billion worth of goods worldwide in 2024.
That figure reflects a 65% increase from the $12.5 billion exported in 2020. On a yearly comparison, Ivory Coast's overseas sales rose by 11.9% against $18.4 billion in 2023.
Using the average 2024 exchange rate, Ivory Coast continues to trade in the West African CFA franc. The currency has depreciated by -4.9% against the US dollar since 2020, although it held steady between 2023 and 2024. A weaker franc compared to earlier years makes Ivory Coast's export products, priced in stronger US dollars, more competitive for international buyers.
The country's top five exports by value are cocoa beans, unwrought gold, natural rubber, refined petroleum oils, and cocoa paste. Together, these account for 62.7% of total export revenues, highlighting a heavy reliance on a handful of commodities. This means Ivory Coast's export structure is relatively concentrated in a few major categories.
Ivory Coast's Principal Trade Destinations
The most recent partner data indicates that 68.9% of Ivory Coast's exports were absorbed by the following markets:
1.Switzerland (13.4%)
2.Netherlands (12.2%)
3.Mali (8.1%)
4.United States (4.5%)
5.Germany (4.2%)
6.France (4.1%)
7.Vietnam (4.04%)
8.Belgium (4.01%)
9.Burkina Faso (3.8%)
10.China (3.55%)
11.Spain (3.49%)
12.Malaysia (3.48%)
From a regional breakdown, half of Ivory Coast's exports (50.1%) went to Europe, while 23.2% stayed within Africa. Asian buyers purchased 18.6%, followed by smaller shares going to North America (6.7%), Latin America including the Caribbean (1.3%), and Oceania (0.1%).
With a population of roughly 32 million, Ivory Coast's $20.5 billion in exports equals about $650 per citizen, up from $590 in 2023. This also shows the rising importance of Ivory Coast's export performance for its economy.
Breakdown of Ivory Coast's Top 10 Export Categories
The most valuable export groups in 2024 were:
1.Cocoa: US$7.2 billion (35%)
2.Precious metals including gold: $3.14 billion (15.3%)
3.Mineral fuels including oil: $3.11 billion (15.1%)
4.Rubber and related products: $2.5 billion (12%)
5.Fruits and nuts: $1.5 billion (7.3%)
6.Vegetable/animal fats, oils, waxes: $357 million (1.7%)
7.Cotton: $294.5 million (1.4%)
8.Perfumes and cosmetics: $280 million (1.4%)
9.Plastics and articles thereof: $207.7 million (1%)
10.Miscellaneous food preparations: $169.3 million (0.8%)
Collectively, these top 10 categories represented 91.1% of total exports.
The fastest-growing category was precious metals, surging 34% year over year, followed by cotton (up 31.3%), and cocoa (up 23.7%). The only notable decline was seen in perfumes and cosmetics, which dropped -2.6% compared with 2023.
On a more detailed HS code level, leading export products included cocoa beans (19.4% of total exports), unwrought gold (15.3%), natural rubber (12%), refined petroleum oils (10%), and cocoa paste (6%), followed by cashews and coconuts (5.9%), cocoa butter and oil (4.3%), crude oil (3.9%), cocoa waste (3.5%), and palm oil (1.5%).
These figures reinforce how Ivory Coast's export economy is largely dominated by agricultural products and raw materials.
Export Companies in Ivory Coast
For businesses aiming to expand into the Ivoirian export market, finding trustworthy suppliers is crucial. Tendata's tools, including HS code search and buyer databases, help companies identify reliable customers, analyze trends, and shorten market entry times.
For instance, in the Cotton sector, Tendata identified the top 10 suppliers in Ivory Coast in 2024:
1.Ivoire Coton (31.54%, $110.86M)
2.Compagnie Ivoirienne de Coton (20.84%, $73.25M)
3.Société d'Exploitation Cotonnière O (16.69%, $58.68M)
4.Compagnie Ivoirienne pour le Développement des Tex (8.44%, $29.66M)
5.AAK Côte d'Ivoire (5.07%, $17.83M)
6.Uniwax (4.95%, $17.39M)
7.Movis Côte d'Ivoire (Movis CI) (4.59%, $16.12M)
8.Packing Service (4.59%, $8.98M)
9.Maverick Travaux et Logistique SA (2.56%, $5.97M)
10.Shaza Transit (1.7%, $3.96M)
Whether you are new to trade or an experienced exporter, analyzing Ivory Coast's export data offers valuable insights into international market opportunities. For more details on Ivory Coast's trade statistics, Tendata provides free online demonstrations.
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