Continent: Europe

Official Name: Republic of Austria

Type of Government: Parliamentary

Head of State: Mr. Alexander van der Bellen

Area: 83,859 km²

Currency: Euro

Population: 9.1 million inhabitants

Capital: Vienna

Main Cities: Graz, Linz, Salzburg, Innsbruck

Official Language: German

Agreements and Conventions

Cooperation relations between Austria and Côte d'Ivoire are framed within the political and economic cooperation between the European Union (EU) countries and ACP countries, governed by the Cotonou Agreement. The commercial aspect of the agreement has evolved from a unilateral preferential regime to an Economic Partnership Agreement (EPA), which establishes reciprocal free trade between the European Union and ACP countries.

The Ivorian Diplomatic Mission in Austria covers the following countries: Slovakia, Hungary, Serbia, Bosnia, Slovenia, Croatia, and Romania.

Since 2014, an annual economic mission organized by the Austrian Chamber of Commerce has been held, with the participation of several renowned Austrian companies. Austrian financial cooperation has been primarily focused on debt cancellation. Indeed, upon reaching the Completion Point of the HIPC Initiative in 2012, Austria cancelled the entire Ivorian debt, amounting to 48 billion FCFA (74 million euros).

Additionally, a Bilateral Investment Promotion and Protection Agreement has been under discussion between Côte d'Ivoire and Austria since 2014. The parties are expected to meet in the coming months to finalize the negotiations.

A. The main exported products are: paper, cardboard, rubber, green coffee, cocoa beans, fresh pineapples, bananas, and raw cotton.

B. The main imported products are: edible meat and offal, plastic, automobiles, rubber, chemicals, iron, cast iron and metal products, mechanical and electrical machinery.

 

Sources : DGE-DPCEI

 

  • The value of bilateral trade reached 12,430 million CFA francs in 2023, compared to 22,100 million CFA francs in 2022.

  • Over the period from 2019 to 2023, the average value of Ivorian exports is estimated at 136 million CFA francs per year, compared to 13,740 million CFA francs per year for imports.

  • During this period, the trade balance was negative for Côte d'Ivoire.