Côte d'Ivoire, a country in western Africa

Côte d'Ivoire is a country located in the west of Africa.The capital is Yamoussoukro, but most of the capital functions are in the former capital, Abidjan.It is not a very familiar country in Japan, but this time we will be talking about Côte d'Ivoire from a trade perspective, along with some basic data.

Basic information about Côte d'Ivoire

The basic data is as follows:

- Official name: Republic of Côte d'IvoireRepublic of Cote d'Ivoire

・Population: 26.38 million (2020)

·area:322,436 square kilometers (approximately 0.9 times the size of Japan)

Capital: Yamoussoukro, but the actual capital is Abidjan

Language: French

- Ethnic groups: More than 60 ethnic groups, including Akan, Kuru, Volta, and Mande.

・Religion: Christianity, Islam

・Major industries: Agriculture (coffee, cocoa, etc.), oil and natural gas

A major agricultural nation, Côte d'Ivoire is the world's largest producer of cocoa beans and cashew nuts, and has developed a variety of industries, including food processing, electricity and energy, earning it the nickname "West Africa's Honor Student."

Trade situation with Japan

In trade with Japan, imports of machinery such as automobiles are growing.

Japan's exports:5.316 billion yen

Japan's main exports:Automobiles, textile fibers, rubber tires and tubes, etc.

Japan's imports:1.137 billion yen

Japan's main imports:Cocoa, cacao beans, non-ferrous base metals, etc.

Before the political situation worsened, Japan provided audiovisual equipment through grant aid, and held judo tournaments in the country. As a model for national development, interest in Japanese culture is extremely high.

Export procedures for goods to Côte d'Ivoire

In Cote d'Ivoire, there are export restrictions on minerals such as diamonds, and agricultural products such as coffee and cocoa beans. In addition, ivory and logs are set as export prohibited items. We have also summarized the points of import and export permission.

・Items prohibited from export

Ivory, logs

 

・Export-restricted items

Minerals and diamonds

Coffee, cocoa beans, cotton, cashew nuts

 

・Import/export license application

Apply for an Import License or Import Declaration (FDI) with the Directorate General of Foreign Trade.

 

Required documents

The following shipping documents are required for export cargo from Japan to Côte d'Ivoire:

1. Invoice
2. bill of lading
3. Insurance policy
4. Packing List
5. Certificate of Origin
6. Standards and inspection certificates for some items
7. Cargo Tracking Note (BSC)
8. Certificate of Conformity (CoC)
9. others

The One-Stop Trade System began operation on July 1, 2013. In principle, this inspection is for cargo that exceeds 1 million CFA francs (approximately 190,000 yen, 1 CFA franc = approximately 0.19 yen) at FOB price. This includes gold, artworks, plants, fruits, used cars, etc. Documents required for the procedure are the final waybill, packing list, bill of lading or air waybill (AWB), certificate of conformity (CoC, from July 16, 2018), insurance policy, and others (Certificate of Origin, Certificate of Analysis, Food Hygiene Certificate, etc.).

Once the importer submits these shipping documents to the One-Stop Center, the HS code and import declaration value are determined within five days for ocean cargo and within two days for air cargo, and a final report (RFCV) is sent to the importer or customs broker, and the customs terminal (SYDAM WORLD/automated customs clearance system).

If customs deems it necessary, a cargo inspection will be carried out, after which the importer will pay customs duties and other taxes and an import permit will be issued.

A basic summary of trade and exports in Côte d'Ivoire

Cote d'Ivoire has significantly increased its imports, mainly of cocoa beans and gold. It is also focusing on imports of machinery, mainly from China. Japan cannot afford to lose. Cote d'Ivoire, which is experiencing remarkable trade growth, will continue to be a focus of attention.Please take a look at our website for other countries as well.

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