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2022
Flag → Flag
Exports $812MRnk 49 / 222
2022
Flag → Flag
Top Product $586MRefined Petroleum
2022
Flag → Flag
Exports $660MRnk 11 / 160
2022
Flag → Flag
Top Product $480MCocoa Beans
2022
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Economic Complexity (ECI) ECI 1.25Rnk 19 / 133
2022
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Economic Complexity (ECI) ECI -1.1Rnk 117 / 133
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 186
2022
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 GDP$70BCURRENT US$
Rnk 82 / 186
2012-2022
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GDP GROWTH92.9%CURRENT US$
Rnk 16 / 186
2022
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GDP PC $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 186
2022
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GDP PC$2,486CURRENT US$
Rnk 137 / 186
2012-2022
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GDP PC GROWTH50.8%CURRENT US$
Rnk 33 / 186

About

Belgium-Cote d'Ivoire Trade: In 2022, Belgium exported $812M to Cote d'Ivoire. The main products that Belgium exported to Cote d'Ivoire were Refined Petroleum ($586M), Copper Wire ($17.3M), and Iron Structures ($15.7M). Over the past 5 years the exports of Belgium to Cote d'Ivoire have increased at an annualized rate of 25.3%, from $263M in 2017 to $812M in 2022.

In 2022, Belgium did not export any services to Cote d'Ivoire.

Cote d'Ivoire-Belgium Trade: In 2022, Cote d'Ivoire exported $660M to Belgium. The main products that Cote d'Ivoire exported to Belgium were Cocoa Beans ($480M), Rubber ($88.5M), and Cocoa Butter ($19.4M). Over the past 5 years the exports of Cote d'Ivoire to Belgium have increased at an annualized rate of 1.93%,  from $600M in 2017 to $660M in 2022.

In 2022, Cote d'Ivoire did not export any services to Belgium.

Comparison: In 2022,  Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B). That same year, Cote d'Ivoire ranked 117 in the Economic Complexity Index (ECI -1.1), and 81 in total exports ($17.5B).

Latest Trends

August, 2024

About

Overview In August 2024, Belgium exported €15.2M and imported €20.4M from Cote d'Ivoire, resulting in a negative trade balance of €5.22M. Between August 2023 and August 2024 the exports of Belgium have decreased by €-105M (-87.4%) from €120M to €15.2M, while imports increased by €2.94M (16.8%) from €17.5M to €20.4M.

Trade In August 2024, the top exports of Belgium to Cote d'Ivoire were Mineral fuels, mineral oils and products... (€27.7M), Cars, tractors, trucks & parts thereof. (€2.29M), Machinery, mechanical appliances, & parts (€1.31M), Copper articles (€856k), and Furniture, bedding, lamps, & prefab buildings (€754k). In August 2024 the top imports of Belgium from Cote d'Ivoire were Cocoa & cocoa preparations (€12.3M), Rubber & articles thereof (€6.82M), Copper articles (€318k), Coffee, tea, mate & spices (€222k), and Edible fruits, nuts & fruit peels (€200k).

Growth In August 2024, the decrease in Belgium's year-by-year exports to Cote d'Ivoire was explained primarily by an decrease in product exports in Mineral fuels, mineral oils and products... (€-23.9M or -46.3%), Pharmaceutical products (€-11.8M or -97.6%), and Iron/Steel Articles (€-3.04M or -95%). In August 2024, the increase in Belgium's year-by-year imports  from Cote d'Ivoire was explained primarily by an increase in product imports  in Rubber & articles thereof (€1.35M or 24.7%), Coffee, tea, mate & spices (€214k or 2.52k%), and Edible fruits, nuts & fruit peels (€85.7k or 74.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€-105M(-87.4%)
IMPORT GROWTH (August 2023 - August 2024)€2.94M(16.8%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Cote d'Ivoire and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cote d'Ivoire and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $812M to Cote d'Ivoire. The main products exported from Belgium to Cote d'Ivoire were Refined Petroleum ($586M), Copper Wire ($17.3M), and Iron Structures ($15.7M). During the last 5 years the exports of Belgium to Cote d'Ivoire have increased at an annualized rate of 25.3%, from $263M in 2017 to $812M in 2022.

In 2017, Cote d'Ivoire exported $660M to Belgium. The main products exported from Cote d'Ivoire to Belgium were Cocoa Beans ($480M), Rubber ($88.5M), and Cocoa Butter ($19.4M). During the last 5 years the exports of Cote d'Ivoire to Belgium have increased at an annualized rate of 1.93%, from $600M in 2022 to $660M in 2017.

Exports from Belgium (Flag) to Cote d'Ivoire (Flag) (2022)

Exports from Cote d'Ivoire (Flag) to Belgium (Flag) (2022)

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Cote d'Ivoire
Top DestinationSwitzerland$1.6B

This map shows whether countries import more from Belgium or Cote d'Ivoire. Each country is colored based on the difference in imports they receive from Belgium and Cote d'Ivoire or the difference in the growth in imports.

In 2022, countries that imported more from Belgium than Cote d'Ivoire included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2022, countries that imported more from Cote d'Ivoire than Belgium included Mali ($1.46B), Burkina Faso ($845M), and Niger ($106M).

Difference in imports from Cote d'Ivoire (Flag) and Belgium (Flag) (2022)

Comparative Advantage Belgium - Cote d'Ivoire

Flow
Scale

This chart compares trade between Belgium and Cote d'Ivoire by product, considering products traded by both, Belgium and Cote d'Ivoire.

During 2022, Belgium had a large net trade with Cote d'Ivoire in the exports of Mineral Products ($586M), Metals ($41.8M), and Chemical Products ($39.8M).

During 2017, Cote d'Ivoire had a large net trade with Belgium in the exports of Foodstuffs ($501M), Plastics and Rubbers ($89.8M), and Vegetable Products ($51.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Cote d'Ivoire+$12.1MVaccines, blood, antisera, toxins and cultures
Top Product Potential Cote d'Ivoire Belgium+$3.13MRubber

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Belgium and Cote d'Ivoire. This means that a dot/product with the flag of Belgium indicates it has a comparative advantage over Cote d'Ivoire. Similarly, a dot/product with the flag of Cote d'Ivoire indicates it has a comparative advantage over Belgium.

Product Space of Belgium (Flag) and Cote d'Ivoire (Flag) (2022)

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