Côte d’Ivoire: Industrial production declines in January, weighed down by gold output drop

Industrial production in Côte d’Ivoire fell by 3.3% in January 2026 year-on-year, according to official data, mainly due to a sharp contraction in extractive activities, particularly the gold sector.

The extractive industries declined by 10.6%, driven by a 18.6% drop in gold production, a key component of the country’s mining sector.

Despite the overall decline, several segments showed resilience. Petroleum refining rose by 14.2%, while agro-industry grew by 10.9%, supported by cocoa processing. The wood industry also recorded strong growth of 31.2%.

However, other industrial sectors weighed on overall performance, notably metallurgy and beverages, both registering significant declines over the period.

The figures highlight the economy’s continued reliance on commodities, especially gold, while also underscoring the stabilizing role of agro-industrial and energy-related activities in the country’s industrial structure.