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Côte D'Ivoire

EDC Position-open select programs

EDC's Position

  • Responsive approach to business
  • Open under select programs, subject to regular approval criteria

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Country At A Glance

Flag of Côte D'Ivoire
Map of Côte D'Ivoire

Country Facts

Nominal GDP23.51 Billion USD
Population22.08 Million
Total Trade/GDP103.43%
CurrencyCommunate Financiere Africaine Franc (XOF)
Merchandise Imports from Canada20.44 Million CAD
Main importsCapital Equipment, Raw Materials, Consumer Goods, Food, Beverages & Tobacco

EDC in Côte D'Ivoire

Canadian companies assisted12
International buyers insured12
Business volume225.77 Million CAD

Business Environment

Côte d'Ivoire is a member of the Economic Community of West African States (ECOWAS) and the West African Economic and Monetary Union (WAEMU) and represents 40% of ECOWAS’ GDP. The country’s economy is agriculture based. Côte d'Ivoire is the world’s top producer of cacao and a major producer of coffee, hevea and palm oil. The country also has significant petroleum and mining resources that are still under exploited. After ten years of instability and a post-election crisis that shook the country from December 2010 to April 2011, Côte d'Ivoire is now in an economic reconstruction and revival phase. Canada already has major investments in Côte d'Ivoire in the mining and petroleum sector. While carefully tracking the evolution of Côte d'Ivoire's security situation, we are of the opinion that trade with this country could increase in the sectors where Canadian companies are competitive.

Key Industries

  • Agriculture
  • Construction & Infrastructure
  • Mining & Metals
  • Oil & Gas

How we can support your business

Through our Head Office operations in Ottawa, we provide support to Canadian companies planning on or currently doing business in Côte d'Ivoire.

  • We are positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

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