Côte d'Ivoire - Country Commercial Guide
Agro-processing, Agricultural Services and Products

This is a best prospect industry sector for this country.  Includes a market overview and trade data.

Last published date: 2021-10-11

This sector has high growth potential as the government and donors implement programs to improve the quality and quantity of agricultural production, increase crop yields, prioritize development up the agro-processing value chain, and expand the variety of agricultural exports.

Overview

Côte d’Ivoire is the world’s top exporter of cocoa beans and cashews. Agriculture accounts for 16 percent of GDP and approximately 60 percent of export receipts, according to a 2019 World Bank report.  The sector employs two-thirds of the population.  BNETD estimates 53 percent of the national territory is dedicated to agricultural activity.  Côte d’Ivoire is a net exporter of major cash crops grown by small- and large-scale farmers including coffee, rubber, cotton, palm oil, and bananas.  The country imports wheat, corn meal, and dairy products and has become the fifth largest rice importer in the world. Côte d’Ivoire is the sixth-largest producer of milled rice in sub-Saharan Africa. The Ivoirian government aims to be self-sufficient in milled rice production by 2030 while seeking to produce two million metric tons (MMT) of milled production by 2025, its current domestic production is 1.48 MMT. 

The government’s goal is to increase its processing of agricultural commodities by 50 percent by 2025. The country’s main agricultural products are, for the most part, exported unprocessed.  The government is keen to attract investment in the domestic processing of cashew nuts, cocoa, palm oil (as biofuel, refined industrial oil, and derived products such as soaps and margarines) and other value-added products.  Domestic cashew production reached 848,700 tons in 2020, of which less than 10 percent will likely be domestically processed. 

The Ivoirian government welcomes the importation of environmentally friendly agricultural inputs.  Since 2016, the Ministry of Environment and Sustainable Development has been engaged in a campaign to stop the sale and utilization of counterfeit and expired agricultural inputs.

Leading Sub-Sectors

There are commercial prospects in:

  • Rough rice, rice seeds, and rice cultivation equipment
  • Agricultural inputs such as seeds, agrochemicals, and fertilizer
  • Agricultural services such as training of farmers and farm equipment sales

Opportunities

American companies will find Ivoirian businesses welcome American-produced agricultural products, from seeds to farm equipment. The number of American companies in the cashew and cocoa sector provides other American companies with supply chain opportunities. Additional opportunities exist in providing goods and services in agro-processing, as the government offers tax exemptions to encourage the expansion of agro-processing activities in Côte d’Ivoire.

There is no local production of agricultural chemicals in the country – offering another potential source of commercial activity.  Blending factories import foreign formulas or ingredients to reproduce formulas.  To operate in this field, companies must have a license granted by the Ministry of Agriculture.  The primary end-users of agricultural chemical imports are Ivoirian farmers grouped in cooperatives and professional associations, as well as large agribusinesses. 

Resources

  • Ministry of Agriculture and Rural Development
  • Palm Oil Council
  • Ministry of Agriculture and Rural Development
  • Ministry of Environment and Sustainable Development
  • National Agronomic Research Center (CNRA)
  • Crop Life Côte d’Ivoire
  • Inter-professional Fund for Agricultural Research (FIRCA)
  • National Agency to Support Rural Development 
  • Côte d’Ivoire Cotton and Cashew Council
  • Côte d’Ivoire Coffee and Cocoa Council
  • Organization of Agriculture Professionals in the Cotton Sector  (Intercoton)
  • Côte d’Ivoire’s Export Promotion Agency
  • Centre de Promotion des Investissements en Côte d’Ivoire
  • Côte d‘Ivoire Chamber of Commerce and Industry
  • National Office of Technical Studies and Development (BNETD)
  • Ivoirian Customs Office
  • National Agency for Rice Development (ADERIZ)