Civil war threatens the cocoa supply of the world
Cocoa in Côte d'Ivoire become a factor that can influence the world economy. Ivory Coast's share of the cocoa world trade – according to the 2008 datas of United Nations Development Organisation, UNCTAD – is 40 per cent, while in neighboring Ghana it is 20 percent.
The largest importer of the cocoa of Côte d'Ivoire is the European Union: 53.24 percent of the the Ivorian cocoa comes to the European Union, while 14.6 percent exported into the United States. After the presidential elections stalemate emerged between the two candidates, and many fear that the civil war recurs – reports ProfitLine.hu.
Related news
Related news
GKI analysis: Why do Hungarian households live more poorly than anyone else in the EU?
Imagine that the residents of every EU country shop in…
Read more >KSH: industrial producer prices decreased by 0.7 percent in May 2025 compared to the previous month, and increased by an average of 6.9 percent compared to a year earlier
In May 2025, industrial producer prices were 6.9 percent higher…
Read more >Consumption drives the economy
According to the latest forecast by the Balance Institute, the…
Read more >