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In 2023, French food and agricultural imports from the United States reached $1 billion. While exporting to France can be challenging, there are many opportunities for U.S. suppliers.
As a member of the European Union, France implements EU regulations for the import of animal and plant products.
France, as a member of the European Union (EU), generally follows EU directives, regulations, and obligations.
The push for the move toward biotechnology in Cote d'Ivoire began in June of 2015, when the government of Cote d'Ivoire (GOCI) adopted and ratified the Cartagena Protocol.
France is the world’s leading tourist destinations. Revenues are returning to pre-covid standards since France earned 58 billion in 2022 thanks to foreign tourism.
In 2022, the agri-food market in France was strongly impacted by inflation, recorded at 5.3 percent. This price increase has impacted the most modest strata of society and has cut into their ability to buy. Consumers are moving away from big brands to less expensive distributor brands.
Milled rice production for MY 2023/24 is projected at 1.2 million metric tons (MMT) an 11 percent increase from MY 2021/22. Post projects milled rice production for MY 2022/23 at 1.1 MMT, a 3 percent increase from MY 2021/22.
Post forecasts MY 2023/24 cotton fiber production at 700,000 bales (480 lb.) The MY 2022/23 estimate for exports has dropped to 650,000 bales.
In 2022, the French food processing sector encompasses approximately 17,300 companies ranging from small family-owned businesses to some of the world’s largest multinationals.
The poultry sector in Cote d’Ivoire is well established and contributes a substantial amount to the country’s agricultural GDP. Despite many challenges, such as Avian Influenza outbreaks and rising costs of feed and transport, the Ivoirian poultry industry has been able to overcome these challenges with great success.
During Covid-19, the French government designated the retail sector as essential. Retail companies were authorized to continue operations. The nationwide lockdown and the closing of restaurants gave a significant boost to the retail sector.
With 91 million visitors in 2019, France is one of the world’s leading tourist destinations. Tourism accounted for 7.5 percent of GDP, providing employment to 1.5 million people. In 2020, the COVID-19 pandemic reduced the flow of visitors by almost 55 percent, triggering a loss of nearly 160,000 jobs. The Hotel, Restaurant, and Institutional (HRI) sector saw a decrease in total sales revenue to $64 billion, a 30 percent decline from the previous year.