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COUNTRY PROFILE / LITHUANIA

COUNTRY PRESENTATION

Continent: Europe

Official name: Republic of Lithuania

Nature of regime: Parliamentary

Head of Federal State: Gitanas Nausėda

Area: 65,286 km²

Currency: euro

Population (2021): 2.8 million inhabitants

Capital: Vilnius

Main cities: Kaunas, Klaipėda, Šiauliai, Panevėžys

Official language:Lithuanian

ASSESSMENT OF BILATERAL COOPERATION

Agreements and Conventions

Cooperation relations between Lithuania and Cote d’Ivoire are part of political and economic cooperation between the countries of the European Union and the ACP countries, governed by the Cotonou Agreement, whose trade component has evolved from a unilateral preferential regime to an Economic Partnership Agreement (EPA), which establishes reciprocal free trade between the European Union and the ACP countries.

To this end, Cote d’Ivoire and the European Union signed an Interim Economic Partnership Agreement on November 26, 2008, pending progress in the negotiations of the Regional Partnership Agreement (EPA) between West Africa and the EU. Cote d’Ivoire's interim EPA was ratified by the National Assembly on August 12, 2016 and entered into provisional application on September 3, 2016.

TRADE

  1. Main Exports of CI to South Africa: rubber and processed wood.
  2. Main imports of CI from South Africa: fertilizers, plastics, fish, meat and edible offal.

TRADE FLOWS COTE D’IVOIRE - LITUANIE

Trade flows Cote d’Ivoire-Croatia (Value in millions of CFAF)

Years

2018

2019

2020

2021

2022

Exports

9,5

1,0

0,2

3,3

1,5

Imports

11,0

2,8

8,9

11,1

22,3

Trade balance

-1,6

-1,9

-8,7

-7,8

-20,8

Global bilateral exchanges

20,5

3,8

9,1

14,3

23,8

Sources : DGE-DPPSE

image 224

Sources : DGE-DPCEI

  • The value of bilateral trade increased by 23.8 billion of CFAF in 2022, compared to 14.3 billion of CFAF in 2021.
  • Over the period 2018-2022, the average value of Ivorian exports is estimated at 3.08 billion of CFAF / year against 11.23 billion of CFAF / year for imports.
  • Over the period 2018-2022, the trade balance is in deficit for Cote d’Ivoire due to the preponderance of cereals, fertilizers, fish, meat and edible offal in imports