Rubber Export of Ivory Coast in 2024: Brief Insights of 2024

Ivory Coast, right now, has recorded itself as one of the leading exporters of rubber in Africa. The country, blessed with a tropical climate and fertile soil providing a favorable environment for the cultivation of rubber, has been fueling up the overall revenue rate. Ivory Coast Import Data says, the increasing demand for natural rubber in the international trade market and the government initiatives of Ivory Coast, focusing on improving the production processes, have been indulging the sector as a specific export commodity with a substantial share in the revenue generation.

The increasing awareness of the global population towards sustainable and eco-friendly products and the shift towards the use of natural rather than synthetic rubber in various industries have recorded an export trade value of rubber worth 1.5 billion US dollars in Ivory Coast in 2024. Import Globals with the Ivory Coast trade data gives a detailed analysis of the overall amount of rubber exported from the nation to leading importing destinations while giving a proper briefing to the business owners who are proactively looking for competitors increasing engagement in specific sectors for figuring out potential trading regions for future investments.

GOVERNMENT INITIATIVES SUPPORTING THE EXPORT OF RUBBER FROM IVORY COAST IN 2024

The government of Ivory Coast has been continuously implementing several initiatives to fuel up the revenue rate of the rubber export industry. The development of rubber plantations was recorded as one of the primary initiatives taken by the authority to expand rubber plantations in different regions across the country. The facilities for smallholder farmers face financial constraints in maintaining their plantations empowering farming strategies via relentless access to high-quality planting materials.

The strengthening of the export infrastructure by the Ivorian investors through diplomatic channels; Government promotes the international trade, especially for perishable commodities like rubber. The export promotion program showcases the country’s potential and participation of international trade fairs, organizing buyer-seller links for attracting foreign investors through diplomatic channels.

THE LEADING VARIANTS OF RUBBER EXPORTED FROM IVORY COAST 2024

Ivory Coast has been actively trading rubber products and their derivatives due to the growing global demand for the nation. As per the Ivory Coast Export Data, the top 10 leading variants of rubber exported from the nation in 2024 are,

  1. Natural Rubber Sheets — The annual export trade value of Natural Rubber Sheets from Ivory Coast in 2024–242 million US dollars
  2. Ribbed Smoked Sheets (RSS)- The annual export trade value of Ribbed Smoked Sheets (RSS) from Ivory Coast in 2024–127 million US dollars
  3. Latex Concentrate- The annual export trade value of Latex Concentrate from Ivory Coast in 2024–108 million US dollars
  4. Technically Specified Rubber (TSR)- The annual export trade value of Technically Specified Rubber from Ivory Coast in 2024–87 million US dollars
  5. Block Rubber- The annual export trade value of Block Rubber from Ivory Coast in 2024–76 million US dollars
  6. Latex Crepe- The annual export trade value of Latex Crepe from Ivory Coast in 2024–65 million US dollars
  7. Skimmed Rubber- The annual export trade value of Skimmed Rubber from Ivory Coast in 2024–54 million US dollars
  8. Standard Malaysian Rubber (SMR)- The annual export trade value of Standard Malaysian Rubber (SMR) from Ivory Coast in 2024–48 million US dollars
  9. High Ammonia Latex (HAL)- The annual export trade value of High Ammonia Latex (HAL) from Ivory Coast in 2024–33 million US dollars
  10. Chloroprene Rubber (CR)- The annual export trade value of Chloroprene Rubber (CR) from Ivory Coast in 2024–28 million US dollars

THE TOP EXPORT TRADE PARTNERS OF IVORY COAST FOR RUBBER IN 2024

Ivory Coast has been actively trading its domestic rubber products with the region, offering cost-effective pricing strategies. According to the Ivory Coast Customs Data, the top 10 export trade partners of the nation for rubber in 2024 are,

  1. China — The annual export trade value of rubber exported from Ivory Coast to China in 2024–243 million US dollars

Top 5 variants of rubber exported

1. Natural Rubber

2. Ribbed Smoked Sheets (RSS)

3. Technically Specified Rubber

4. Crepe Rubber

5. Skim Block Rubber

2. Malaysia- The annual export trade value of rubber exported from Ivory Coast to Malaysia in 2024–176 million US dollars

Top 5 variants of rubber exported

1. Pale Latex Crepes

2. Thick Pale Latex Crepes

3. Centrifuged Latex

4. High Ammonia Latex

5. Low Ammonia Latex

3. India- The annual export trade value of rubber exported from Ivory Coast to India in 2024–142 million US dollars

Top 5 variants of rubber exported

1. Latex

2. Latex Compound

3. Skimmed Latex

4. Block Rubber

5. Preserved Latex

4. Vietnam- The annual export trade value of rubber exported from Ivory Coast to Vietnam in 2024–87 million US dollars

Top 5 variants of rubber exported

1. Preserved Latex

2. Dry Rubber Content

3. Air Dried Sheet

4. Pale Crepes No 1X

5. Crepe Rubber

5. United States- The annual export trade value of rubber exported from Ivory Coast to the United States in 2024–68 million US dollars

Top 5 variants of rubber exported

1. Air Dried Sheet

2. Field Coagulum

3. Thick Pale Latex Cup Lump

4. Thin Pale Latex Cup Lump

5. Latex Coagulum Slab

  1. Japan- The annual export trade value of rubber exported from Ivory Coast to Japan in 2024–54 million US dollars

Top 5 variants of rubber exported

1. Latex Coagulum Slab

2. Thin Brownish/Amber Cup Lump

3. Latex Coagulum Slab

4. Pale Latex Concentrate

5. Latex in Bulk Tanker

7. South Korea- The annual export trade value of rubber exported from Ivory Coast to South Korea in 2024–48 million US dollars

Top 5 variants of rubber exported

1. Liquid Smoke Fumigated Sheets

2. Compound Latex Block (CLB)

3. Latex Crepe Block

4. Technically Specified Block Rubber

5. Export Quality Ribbed Smoked Sheets

8. Belgium- The annual export trade value of rubber exported from Ivory Coast to Belgium in 2024–32 million US dollars

Top 5 variants of rubber exported

1. Butyl Rubber

2. Silicone Rubber

3. Fluoroelastomer

4. Ebonite

5. Latex Gloves

9. Italy- The annual export trade value of rubber exported from Ivory Coast to Italy in 2024–28 million US dollars

Top 5 variants of rubber exported

1. Selectively Cut Scrap Rubber Blocks

2. Skim Block Rubber

3. Liquid Latex

4. Synthetic Rubber

5. Chloroprene Rubber

10. Turkey- The annual export trade value of rubber exported from Ivory Coast to Turkey in 2024–22 million US dollars

Top 5 variants of rubber exported

1. Premium Grade Skim Rubber

2. Special Grade Pale Latex Cup Lump

3. High-Grade Thick Brownish/Amber Cup Lump

4. Fine Quality Field Coagulum

5. High-Density Air Dried Sheet

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