Civil war threatens the cocoa supply of the world

By: trademagazin Date: 2010. 12. 29. 12:03

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.

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