Côte d'Ivoire abandons Import Substitution Policy, goes for Russian fish and ice-cream

million and 400 tonnes of ice cream worth $0.5 million.

Statistics show that imports from the Côte d'Ivoire are far higher and grew to $237.5 million in 2021 from $223.7 million in 2020, although by the volume they dropped to 72,600 tonnes from 74,500 tonnes. These imports in- creasing job markets posed a huge issue as unemployment rates grew.

$8.5 million.

“The decrease in Russian imports by volume was due to the reduction of purchases of cocoa beans and cocoa powder. At the same time, cocoa paste imports showed signi cant growth: 27% by volume and 37.2% by value,” the report said.

With rising unemployment, especially among the youth, experts suggested the government engage in economic diversi cation, focus on support for improving local production. There- food security.

With an estimated population of 29 million, the economy of Côte d'Ivoire has grown faster than that of most other African countries since independence. One possible reason for this might be taxes on exported agriculture. It is the world's largest exporter of lowing South Africa, Nigeria, and Angola).

By geographical description, Côte d'Ivoire is a country in western sub-Saharan Africa. It borders Liberia and Guinea in the west, Mali and Burkina Faso in the north, Ghana in the east, and the Gulf of Guinea (Atlantic Ocean).