Recently, China-Africa economic and trade cooperation has witnessed new progress. Under the framework of the Forum on China-Africa Cooperation, China announced major initiative to implement a comprehensive 100% tariff-free policy for all taxable products from 53 African countries with which it has established diplomatic relations. This move to further deepen China-Africa economic and trade relations and boost the economic development of African countries.
Since its announcement, the policy has attracted widespread attention from the international community. Among them, Ivory Coast, the largest natural rubber producer in, has benefited particularly. According to relevant data, in recent years, China and Ivory Coast have become increasingly close in natural rubber trade cooperation. Since 2022 the volume of natural rubber imported from Ivory Coast to China has been continuously rising, reaching a historical high of nearly 500,000 tons in 202, and the proportion of China's total natural rubber imports has also increased year by year, from less than 2% to 6% to 7% in recent years The natural rubber exported from Ivory Coast to China is mainly standard rubber, which can enjoy zero tariff treatment if imported in the form of special manual in the past. However, the implementation of the new policy, China's imports of natural rubber from Ivory Coast will no longer be limited to the form of special manual, the import process will be convenient, and the cost will be further reduced. This change will undoubtedly bring new development opportunities to Ivory Coast's natural rubber industry, and at the same time, it will enrich the supply sources of China's natural rubber market. The implementation of the zero tariff policy will significantly reduce the cost of China's imports of natural rubber from Ivory, which will in turn stimulate the growth of imports. For Ivory Coast, this will help the further development of its natural rubber industry and increase export revenue; for China, it help to ensure a stable supply of natural rubber and meet the needs of the domestic market.
Post time: Jun-20-2025