Ivory Coast Import Data

Ivory Coast Import Data

Ivory Coast has emerged as a major player in international trade. With a strategic location along the coast of West Africa and a stable economy, the country has attracted significant investments and seen a surge in imports. According to projections for 2022, Ivory Coast is expected to maintain its position as one of the top importers in the region.

Ivory Coast's import rank stood at 102 out of 190 economies in 2019. However, with consistent economic growth and government initiatives to attract foreign investments, it is expected to climb up the ranks in 2022. The main driving force behind this anticipated rise is the increasing demand for consumer goods and raw materials for industries such as agriculture and manufacturing.

The population of Ivory Coast has been steadily growing over the years, with an estimated increase of around two million people every year. As of mid-2020, the total population was approximately 26 million people. Projections suggest that by 2022, this number will reach over 28 million people. This steady growth rate can be attributed to factors such as improved healthcare systems and declining mortality rates.

Ivory Coast's Gross Domestic Product (GDP) has shown impressive growth rates in recent years, averaging around seven percent annually since 2014. Despite challenges posed by political instability and fluctuations in commodity prices, the country's GDP is projected to continue its upward trend into 2022.Ivory Coast's GDP is expected to reach $46.5 billion in 2022, representing a growth rate of over six percent. This forecast reflects the country's efforts to diversify its economy and reduce its reliance on agriculture and raw material exports.

The top importing products for Ivory Coast are expected to remain consistent with previous years, with machinery and equipment, fuels, chemicals, and food products being the major import categories. As the country continues to develop its infrastructure and industries, there will be an increased demand for capital goods such as machinery and equipment.

Ivory Coast is heavily reliant on imports for consumer goods like processed foods and textiles. With a growing middle-class population with higher purchasing power, these products are likely to continue dominating the import market in 2022.

China remains one of Ivory Coast's main trading partners due to its investments in infrastructure projects and demand for raw materials. Other key trade partners include France, Nigeria, Ghana, Germany.

Ivory Coast Import Customs Trade Data Shows Top 10 Importing Products In 2022 – Analysis By Chapter

  • 26% (4.81 billion US dollar) HS CODE: 27 - Bituminous substances; mineral waxes; mineral fuels, mineral oils, and products of their distillation
  • 8.2% (1.46 billion US dollar) HS CODE: 84 - Parts of nuclear reactors, boilers, machinery, and mechanical appliances
  • 6.53% (1.16 billion US dollar) HS CODE: 10 - Cereals
  • 6.02% (1.07 billion US dollar) HS CODE: 87 - Parts and accessories for vehicles other than railway or tramway rolling stock
  • 5.05% (903 million US dollar) HS CODE: 89 - Floating structures, ships, and boats
  • 4.56% (817 million US dollar) HS CODE: 85 - A variety of electrical machinery and equipment, sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories thereof
  • 4.32% (774 million US dollar) HS CODE: 39 - Articles made from plastics
  • 4.13% (738 million US dollar) HS CODE: 03 - Molluscs, fish, and other aquatic invertebrates
  • 2.87% (514 million US dollar) HS CODE: 73 - Steel or iron articles
  • 2.7% (483 million US dollar) HS CODE: 72 – Steel and Iron

Ivory Coast Import Global Trade Data Shows Top 10
Trading Partners
of Ivory Coast

  • With a share of 14.3% (2.57 billion US dollar), China dominates
  • With a share of 12.1% (2.16 billion US dollar), Nigeria dominates
  • With a share of 6.67% (1.19 billion US dollar), France dominates
  • With a share of 5.2% (931 million US dollar), India dominates
  • With a share of 4.65% (832 million US dollar), USA dominates
  • With a share of 4.55% (815 million US dollar), Belgium dominates
  • With a share of 3.28% (587 million US dollar), The Bahamas dominates
  • With a share of 2.59% (464 million US dollar), Togo dominates
  • With a share of 2.56% (459 million US dollar), Vietnam dominates
  • With a share of 2.54% (456 million US dollar), Turkey dominates

Ivory Coast Import Data Sample

HOW IMPORT GLOBALS IVORY COAST IMPORT DATA IS A GAME CHANGER FOR ALL INDUSTRIES

At Import Globals, we understand the importance of accurate and updated data when it comes to international trade. That's why our team collects Ivory Coast import data directly from reliable custom shipping bill documents. This process ensures that our data is authentic and trustworthy.

Our collection process of Ivory coast import data involves obtaining information directly from customs authorities, which includes details such as importer name, product description, quantity, value, port of origin/destination, vessel/flight number, and more. By collecting this data from primary sources, we can confirm its reliability and accuracy.

Import Globals, coverage of Ivory Coast import data is comprehensive and covers all major ports and airports in the country. This allows businesses to get a complete picture of the imports entering the country through different routes. Our database is continuously updated with new records to provide real-time information for our clients.

One of the key factors that sets Import Globals apart is our commitment to authenticity. We understand that incorrect or incomplete data can lead to costly mistakes for businesses involved in international trade. Therefore, we put great emphasis on verifying all collected information before adding it to our database.

Import Globals, a leading provider of global trade data, offers detailed and up-to-date information on Ivory Coast's imports through their reliable database. Ivory Coast Customs data includes essential details such as HS codes, product descriptions, importer and exporter company names, product values, quantities imported, destination country, ports used, origin country, and more.

One of the key features of Import Globals' Ivory Coast import data is the inclusion of HS codes. These are internationally recognized codes assigned to each type of product traded globally. They serve as a standardized system for identifying goods and are essential for keeping track of what products are being imported into the country.

In addition to HS codes, Import Globals also provides a thorough description of the products being imported into Ivory Coast. This allows businesses to have a better understanding of the types of goods entering the market and make informed decisions about potential partnerships or sourcing opportunities.

The importer and exporter company names provided by Import Globals offer valuable insights into who is involved in the import process. This information can be particularly useful for businesses looking to enter into partnerships or collaborations with local companies in Ivory Coast.

Another significant aspect covered by Import Globals' Ivory Coast import trade data is the value and quantity of the products being imported. This gives an indication of demand in the local market and helps businesses gauge potential profitability when considering importing similar products themselves.

Additionally, knowing which countries are exporting goods to Ivory Coast can provide valuable market intelligence for businesses looking to expand their distribution network or identify new sources for certain products.

Furthermore, having access to information on which ports are used for imports can be beneficial when planning logistics or transportation strategies. It also gives insight into which regions within Ivory Coast are experiencing higher levels of imports, providing valuable market trends and opportunities.

Import Globalsdata covers a wide range of industries including agriculture, manufacturing, consumer goods, machinery and equipment. This makes our service beneficial not only for specific industries but also for any company involved in importing goods to Ivory Coast. Whether you are a research company gathering market insights or a trade association monitoring industry trends –Ivory Coast custom data can help you make better-informed decisions.

For banks and financial institutions providing funding or credit services to importers in Ivory Coast, our data provides valuable information on the types of products being imported as well as the countries they are being sourced from. This can assist in assessing risk levels and making more accurate evaluations when considering loan applications.

Business consulting firms can also benefit greatly from Ivory Coast import data as it allows them to provide tailored advice to their clients based on current market trends. With access to detailed information on product categories, quantities imported and the prices paid by competitors – consultants can offer valuable insights to their clients that will give them an edge over their competition.

Non-governmental organizations (NGOs) working in Ivory Coast also have much to gain from using our import data. By understanding what products are being imported into the country at any given time, NGOs can assess local needs and identify potential gaps that need addressing. For traders looking to source new products or expand their existing product line – our data gives them vital information about current demand trends in various industries.

For manufacturers, Ivory Coast global import data provides insights into the types of products that are in demand in Ivory Coast. This can help them make informed decisions about expanding their production capabilities and adjusting their supply chain to meet market demands.

Logistics companies can also benefit from using Ivory Coast import data as it gives them a better understanding of the volume and type of goods being imported into Ivory Coast. This information enables them to optimize their operations and offer more efficient and cost-effective services to their clients.

IMPORT GLOBALS, IVORY COAST IMPORT DATA is an invaluable resource for all businesses involved in importing goods into Ivory Coast. With reliable and up-to-date information at your fingertips, you can make smarter business decisions, stay ahead of the competition, and ultimately achieve success in this dynamic market.

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