The diversity in the overall exports of Ivory Coast is dominated by the wooden product. The upward trend has been a vital in the country's economic growth, the nation has been exporting furniture, logs, stone, wood, plywood, and veneer sheets in a huge amount as per the increase in global demand. The superior quality maintained by the production units and the heavy investment in modern production techniques ensures that overall manufacturing meets international standards. The strict regulation from Sustainable Forestry Management has ensured responsible sourcing of timber countering the positive trade.

The government implemented trade policies promoting free trade agreements with other countries and the stable export levels maintained via several managements like sourcing practices, strategic location, tax reductions has recorded an export trade value of wooden products worth 2.5 billion US dollars in 2024. The commitment of the nation's authorities to sustainable practices and strict regulations on logging activities to ensure responsible forest management has prevented deforestation, leading to an increase in the production of wooden essentials.

Types of Wooden Essentials Exported

Due to the high-quality production of wooden essentials in the Ivory Coast manufacturing units, the global consumer base has been demanding a wide range of wooden essentials from the authorities. According to the Ivory Coast Export Data, the top 10 leading variants of wooden essentials exported from the nation in 2024 are,

1. Furniture – The annual valuation of Furniture exported from Ivory Coast in 2024 – 987 million US dollars.

2. Logs – The annual valuation of Logs exported from Ivory Coast in 2024 – 765 million US dollars.

3. Plywood – The annual valuation of Plywood exported from Ivory Coast in 2024 – 561 million US dollars.

4. Veneers – The annual valuation of Veneers exported from Ivory Coast in 2024 – 498 million US dollars.

5. Flooring – The annual valuation of Flooring exported from Ivory Coast in 2024 – 378 million US dollars.

6. Charcoal – The annual valuation of Charcoal exported from Ivory Coast in 2024 – 289 million US dollars.

7. Sawn Timber – The annual valuation of Sawn timber exported from Ivory Coast in 2024 – 189 million US dollars.

8. Wood Carvings – The annual valuation of Wood carvings exported from Ivory Coast in 2024 – 154 million US dollars.

9. Wooden Utensils – The annual valuation of Wooden utensils exported from Ivory Coast in 2024 – 78 million US dollars.

10. Musical Instruments – The annual valuation of Musical instruments exported from Ivory Coast in 2024 – 65 million US dollars.

Key Export Markets

Although the Wooden Essentials export of Ivory Coast has been serving as a cornerstone to economic growth, the authorities have been trying to still introduce diversity in the overall export services to counter the trade rate positively. According to the Ivory Coast Trade Data, the top 10 export trade partners of the nation for Wooden Essentials in 2024 are,

1. China – According to the China Import Data, the total export trade value of wooden products from Ivory Coast to China in 2024 – 876 million US dollars.

Top 5 Exported Variants of Wooden Products

• Chairs
• Tables
• Bookshelves
• Cabinets
• Dressers

2. Vietnam – According to the Vietnam Import Data, the total export trade value of wooden products from Ivory Coast to Vietnam in 2024 – 765 million US dollars.

Top 5 Exported Variants of Wooden Products

• Wardrobes
• Desks
• Coffee tables
• Sideboards
• Hardwood planks

3. United States – According to the USA Import Data, the total export trade value of wooden products from Ivory Coast to the United States in 2024 – 678 million US dollars.

Top 5 Exported Variants of Wooden Products

• Parquet tiles
• Bamboo flooring
• Cork tiles
• Engineered wood boards
• Plywood

4. India – According to the India Import Data, the total export trade value of wooden products from Ivory Coast to India in 2024 – 567 million US dollars.

Top 5 Exported Variants of Wooden Products

• Oriented Strand Board
• Lumber
• Timber beams
• Wooden studs
• Decking boards

5. Spain – According to the Spain Import Data, the total export trade value of wooden products from Ivory Coast to Spain in 2024 – 478 million US dollars.

Top 5 Exported Variants of Wooden Products

• Siding panels
• Shingles
• Fencing materials
• Wooden pallets
• Printing paper

6. Italy – According to the Italy Import Data, the total export trade value of wooden products from Ivory Coast to Italy in 2024 – 378 million US dollars.

Top 5 Exported Variants of Wooden Products

• Cardboard
• Tissue paper
• Paper towels
• Toilet paper
• Paper bags

7. Belgium – According to the Belgium Import Data, the total export trade value of wooden products from Ivory Coast to Belgium in 2024 – 278 million US dollars.

Top 5 Exported Variants of Wooden Products

• Cutting boards
• Wooden spoons
• Salad bowls
• Serving trays
• Rolling pins

8. France – According to the France Import Data, the total export trade value of wooden products from Ivory Coast to France in 2024 – 187 million US dollars.

Top 5 Exported Variants of Wooden Products

• Wooden spatulas
• Mortar and pestle
• Knife blocks
• Baseball bats
• Archery bows

9. Netherlands – According to the Netherlands Import Data, the total export trade value of wooden products from the Ivory Coast to the Netherlands in 2024 – 145 million US dollars.

Top 5 Exported Variants of Wooden Products

• Hardwood planks
• Parquet tiles
• Chairs
• Wardrobes
• Desks

10. United Kingdom – According to the United Kingdom Import Data, the total export trade value of wooden products from Ivory Coast to the United Kingdom in 2024 – 89 million US dollars.

Top 5 Exported Variants of Wooden Products

• Sideboards
• Bookshelves
• Wooden wardrobes
• Cork tiles
• Wooden studs

Export Performance (the Statistical Analysis of the Past 5 Years of Wooden Essentials Trade)

Major Exporting Companies

The stability in the import and export trade management of wooden essentials is maintained by the proper production capacity of the wooden factories. According to the Ivory Coast Import Data, the top 3 wooden essentials exporting companies of the nation in 2024 are,

1. SOFICI - The authority established in 1965 is right now one of the oldest and most established wooden manufacturing companies of Ivory Coast's timber industry. The authority has become a top exporter of both sown and processed wood products like plywood, veneer, and flooring materials due to the sustainable forestry practices responsible for the management of natural resources. The overall revenue share of the authority in the export of 2024 is around 32%.

2. Bois Industries - Bois Industries, founded in 1988, is also a crucial role player of the wooden essentials export industry of Ivory Coast. The authority specialized in producing high-quality logs and sawn timber from African hardwood species, such as teak, balsa, iroko, mahogany, and more, has recorded an annual revenue share of 22% in the export of 2024.

3. Groupe CYMAF - Wrapping up, this new player established in 2008 is a role player of the Wooden Essentials Exporting Companies of Ivory Coast. The company has quickly gained recognition as one of Ivory Coast's top wooden shale exporters due to specialization in production of stone, timber, logs, and veneer from premium species like teak, iroko, and doussie. The annual trade revenue share of the authority in the export of wooden material is 15%.

Trade Policies Supporting Wooden Essentials Exports

The government authorities of Ivory Coast have implemented several trade policies to support exports of wooden essentials. According to the Ivory Coast Customs Data, the top 3 trade policies supporting the wooden export of Ivory Coast in 2024 are,

1. Export Tax Exemption - The higher taxes imposed by governments on exports are considered the most crucial barriers to exporting wood. The authority has implemented an export tax exemption policy for all wooden essentials exported throughout the country to reduce the taxes on shipments. This has made the Ivory Coast's wooden exports more competitive in the international market. It has also resulted in a reduction of production costs for manufacturers, empowering their investment more in the improvisation of product quality.

2. Investment Incentives - To encourage foreign investors in the wooden products industry of Ivory Coast, the country has introduced tax breaks and reduced tariffs on imports related to production processes. The initiative has attracted foreign companies who are looking to fund their services. It is expected that the initiative will increase the production capacity while boosting the volume significantly.

3. Trade Promotion Programs - For promoting the wooden essentials exports to other nations globally, the country has been actively participating in the International Trade Fairs and Exhibitions, or Trade Promotion Program. These platforms provide opportunities for the local producers to empower their interaction with potential buyers, increasing awareness and demand for its wooden essentials in the global market.

CONCLUSION

Import Globals Ivory Coast wooden essential export data gives a detailed analysis of all the categories of wooden products exported from the nation to other importers worldwide. The valuable trade data covers all the crucial essentials like HS codes, product names, quality, quantity, transportation ports, destination ports, and others for catering all your needs regarding the latest trade intelligence.

FAQ'S

Que. What is the Export trade Value of Wooden Essentials from Ivory Coast in 2024?
Ans. The export trade value of wooden essentials from the Ivory Coast in 2024 is 2.3 billion US dollars.

Que. Who is the top export trade partner of Ivory Coast for wooden products in 2024?
Ans. China is the top export trade partner of the Ivory Coast for wooden products in 2024.

Que. Name the top wooden essentials export variants of Ivory Coast in 2024.
Ans. Furniture is the top wooden essentials export variant of Ivory Coast in 2024.

Que. Where can you get a detailed trade analysis of the Ivory Coast Wooden Export in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the Ivory Coast Wooden Export in 2024.

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