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COUNTRY PROFILE / IRLAND

COUNTRY PRESENTATION

Continent: Europe

Official name: Ireland

Nature of the regime: Constitutional monarchy

Head of Federal State: Mr. Michael D. Higgins

Area: 70,273 km2

Currency: euro

Population (2022): 05 million inhabitants

Capital: Dublin

Main towns: Cork, Galway, Limerick, Waterford

Official languages: English and Irish Gaelic

ASSESSMENT OF BILATERAL COOPERATION

Agreements and Conventions

Cooperation relations between Ireland and Cote d’Ivoire are part of political and economic cooperation between the countries of the European Union and the ACP countries, governed by the Cotonou Agreement, whose trade component has evolved from a unilateral preferential regime to an Economic Partnership Agreement (EPA), which establishes reciprocal free trade between the European Union and the ACP countries.

To this end, Cote d’Ivoire and the European Union signed an Interim Economic Partnership Agreement on November 26, 2008, pending progress in the negotiations of the Regional Partnership Agreement (EPA) between West Africa and the EU. Cote d’Ivoire's interim EPA was ratified by the National Assembly on August 12, 2016 and entered into provisional application on September 3, 2016.

TRADE

A. Main Exports of Cote d’Ivoire to Ireland: Rubber, Crude Oil, Processed Wood

B. Main imports from Ireland to Cote d’Ivoire : dairy products, essential oils and vegetable extracts, meat and offal, automatic machinery, petroleum products.

TRADE FLOWS COTE D’IVOIRE - IRLANDE

Cote d’Ivoire-Ireland trade flows

Years

2018

2019

2020

2021

2022

 Exports

300

38200

100

800

100

Imports

22200

21600

21500

26000

19500

Trade balance

-21900

16600

-21400

-25200

-19400

Global bilateral exchanges

22500

59800

21600

26800

19600

Sources : DGE-DPPSE

image 221

Sources : DGE-DPCEI

 

  • The value of bilateral trade is 19.6 billion of CFAF in 2022 against 26.8 billion of CFAF in 2021.
  • Over the period 2018-2022, the average value of Ivorian exports is estimated at 7.9 billion of CFAF / year against 22.16 billion of CFAF / year for imports.
  • Over the period 2018-2022, the trade balance is in surplus in 2019 for Cote d’Ivoire and in deficit in other years.