MAROCY EN FACE DE L'EGLISE STE THERESE ABIDJAN COTE D'IVOIRE
28 BP 869 ABIDJAN 28
Landline: +225 2721595939
1ST FLOOR SEDCO HOUSE, NORTH RIDGE,
Ivory Coast became the world’s largest exporter of raw cashew nuts since 2015 and the production of country reached 1 million tons in 2021. It processes only about 10% of that and exports the rest raw. The government hopes the aid plan combined with private sector initiatives will help boost processing to 50% of national production by 2025 or 2026, which would allow Ivory Coast to compete with the world's biggest processor, Vietnam.
Ivory Coast produced 936,061 metric tons of natural rubber in 2020, which was the largest amount of natural rubber the country has ever produced. Ivory Coast accounted for seven percent of global natural rubber production in 2020, making it the fourth largest natural rubber producer worldwide that year. The production has crossed 1 million tons in 2021.
Ivory Coast is the leading producer of Cocoa globally, producing about 2,200,000 tons of cocoa beans annually. Ivory Coast overtook Ghana as the world's leading producer of cocoa beans in 1978, and today is highly dependent on the crop, which accounts for 40% of national export income.
Ivory Coast, one of the top cotton exporters in the world and second largest cotton exporter in Sub-Saharan Africa, will witness a rise in its cotton production, but a drop in exports in marketing year (MY) 2021-22. The country is expected to produce 1.10 million 480 lb bales of cotton and export 1.15 million 480 lb bales in the upcoming season. The country’s cotton production in MY 2019-20 was 0.99 million 480 lb bales, which increased by 2.02 per cent to reach 1.01 million 480 lb bales in MY