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COUNTRY PROFILE / LIBERIA

COUNTRY PRESENTATION

Continent: Africa

Official name: Republic of Liberia

Nature of regime: Presidential

Head of Federal State: Joseph Boakai

Area 111,370 km²

Currency: Liberian Dollar

Population (2022): 5,193,416 inhabitants

Capital: Monrovia

Main towns: Gbarnga, Buchanan, Harper, Sanniquellie, Voinjama,

Official language: English

ASSESSMENT OF BILATERAL COOPERATION

Agreements and Conventions

  • Agreement on the Generation, Transmission, Distribution and Marketing of Electricity, signed in Monrovia on September 30, 2017;
  • Revised Agreement establishing an Ivorian-Liberian Joint Cooperation Commission, signed in Monrovia on September 30, 2017;
  • Agreement on the Delimitation of the Maritime Boundary and the Extension of the Outer Limits of the Continental Shelf, signed in Monrovia on September 30, 2017;
  • Cooperation Agreement in the field of agriculture, signed in Monrovia on September 30, 2017;
  • Cooperation Agreement in the Field of Forest and Wildlife Resources, signed in Monrovia on July 30, 2017;
  • Agreement on the joint development of hydroelectric resources on the Cavally River, signed on May 5, 1978 in Abidjan;
  • Air Transport Agreement, signed on May 5, 1978 in Abidjan;
  • Agreement establishing the Ivorian-Liberian Joint Cooperation Commission, signed on August 24, 1972 in Monrovia.
  • Diplomatic relations between the two (02) countries have intensified with several high-level visits. These include:
  • April 04, 2018: Friendship and working visit to Cote d’Ivoire by the President of Liberia H.E. Mr. George WEAH;
  • January 22, 2018: visit to Liberia of his HE Alassane Ouattara, President of the Republic of Cote d’Ivoire, as part of the inauguration of the new Liberian President HE Georges WEAH;
  • September 6, 2017: friendship and working visit to Cote d’Ivoire by the President of Liberia H.E. Mrs Ellen JONHSON-SIRLEAF;
  • July 15, 2017: visit to Monrovia (Liberia) by His Excellency Alassane Ouattara, President of the Republic of Cote d’Ivoire;
  • March 16-17, 2016: Visit to Cote d’Ivoire by the President of Liberia, who came to support the Ivorian people, following the terrorist attack in Grand-Bassam.

TRADE

A. Main Exports of Cote d’Ivoire to Liberia : Rubber and articles thereof, Wood, charcoal and articles thereof.

B. Main imports of CI from Liberia : rubber and derived products, electrical materials and ferrous products.

TRADE FLOWS COTE D’IVOIRE - LIBERIA

Trade flows Cote d’Ivoire-Liberia (Value in millions of CFA francs)

Years

2018

2019

2020

2021

2022

Exports

12519

12949

12508

18074

29100

Imports

3590

4723

14097

8416

17100

Trade balance

8929

8226

-15097

9658

12000

Global bilateral exchanges

17672

17672

26605

26490

46200

 

 

 

 

 

 

Sources : DGE-DPPSE

image 225

Sources : DGE-DPCEI

  • The value of bilateral trade reached 46.2 billion of CFAF in 2022, compared to 26.4 billion of CFAF in 2021.
  • Over the period 2017-2021, the average value of Ivorian exports amounted to 17.03 billion of CFAF /year against 9.58 billion of CFAF /year for imports.
  • With the exception of the 2020 period, Cote d’Ivoire trade balance remained in surplus.