Cote D'Ivoire, "Rice Bowl of West Africa"
Cote D'Ivoire is in pursuit to become the Rice bowl of West Africa. The government is taking measures to expand rice production and enhance the country's rice exports. Currently, Cote D'Ivoire is the world's 75th largest rice exporter. Also, Cote D’Ivoire is the biggest Cocoa Producer and Exporter in the world.
As per Côte D'Ivoire import export data of Rice, the country's total rice exports were around 1.23 million US Dollars in 2022. There was a steep rise in rice exports from Cote D'Ivoire. As of last year, it was around 1.75 million US Dollars. Our Cote D’Ivoire export data, the major rice importers were Benin, Burkina Faso, Madagascar, France and Nigeria.
Côte D’Ivoire Rice Imports
Cote D'Ivoire is the world's 12th largest rice importer. According to the Cote D’Ivoire import data reports, the total rice imports were around 1.19 billion US Dollars in 2022. On the other hand, in 2020, rice imports will be recorded to be 555 million US Dollars in 2020.
Cote D’Ivoire did maximum rice imports from India, Vietnam, Thailand, Pakistan and China. The country is working to reduce its rice imports as rice contributes over 2.27% share of total imports. India, the United States and Burkina Faso are the fastest growing markets for rice imports by Côte D’Ivoire.
Cote D’Ivoire Agriculture Exports 2022
Cote D'Ivoire is ranked 125th in the global agricultural export market. As per Cote D'Ivoire customs data reports of 2022, Côte D'Ivoire total agricultural exports were around 11 million US Dollars.
The major agricultural exports from Cote D'Ivoire were Seafood (1850 MMT), Beef (1845 MMT), Rice (3200 MMT), Wheat (3725 MMT), Food Preparations (347 MMT), Meat Products (134 MMT), Poultry Products (162 MMT) and seed Fruits (12 MMT). These were mostly exported to the Netherlands, United States, France, Malaysia and Vietnam.
Future of Côte D’Ivoire Rice Market
Agriculture is the major source of employment and GDP growth in Cote D'Ivoire. Due to adverse climatic conditions, there is a huge shortage of rice in Africa. That is why the government is looking to seize opportunities in the form of rice exports.
The major problem for Cote D'Ivoire rice market growth is the rising costs of Agriculture implements. This is causing price hikes on agri products in the domestic market.
As per reports, the government has invested 4 billion US Dollars in the rice agriculture market. Also, India is assisting Cote D'Ivoire with 30 billion US Dollars aid on Agriculture implements. By 2025, Cote D'Ivoire could become the rice bowl of west Africa.
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