Having seen a five-fold increase since 2001, Abu Dhabi’s GDP reached an estimated $260bn in 2013 at current prices. The hydrocarbons industry comprised 55% of output, a two-point drop in comparison to the year before, highlighting the increasing diversity of the emirate’s economy.
Trade relations between the GCC and Asian economies have been growing steadily for some time now. Recent developments suggest, moreover, that they are set to expand further over the next decade. While there are some risks associated with Asian markets, the GCC as a bloc is deepening its commitment to the region. This is signalled by a number of potential trade agreements...
Following a difficult period for the international shipping market, in 2012 the container route from Shanghai to the Gulf through Dubai saw the second-highest rate of freight growth in the entire Asian region. This was part of an emerging trend of the maturation of GCCAsia trade. A relationship that was once just based on energy demand is diversifying and the GCC is seen...
Agriculture is one of the most important drivers of growth in the Ivorian economy in terms of revenues, employment and value-added activities. Contributing 22% to GDP, the sector accounts for at least 50% of exports and provides jobs to 60-70% of the population, according to the World Bank. Fertile land and favourable weather conditions enabled...
Côte d’Ivoire is the world’s second-largest cocoa grinding hub after the Netherlands, and it produced 520,000 tonnes of processed cocoa in the 2013/14 growing year, or 12% of world cocoa processing. With a current grinding capacity of 550,000-600,000 tonnes, the government and the newly created sector regulator, the Coffee-Cocoa Council (Conseil...
Implemented in November 2011 under the auspices of the sector’s new regulatory body, the Coffee Cocoa Council (Conseil du Café-Cacao, CCC), the cocoa reforms sought to address arguably the largest obstacle to local production: price insecurity for farmers. The enforcement of a minimum 60% cost, insurance and freight (CIF) price for farmers has...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×