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Pricing

2023
Flag → Flag
Exports $150MRnk 27 / 162
2023
Flag → Flag
Top Product $27.7MPetroleum Coke
2023
Flag → Flag
Exports $2.4BRnk 8 / 159
2023
Flag → Flag
Top Product $2.29BCrude Petroleum
2023
Flag
Economic Complexity (ECI) ECI -1.08Rnk 114 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.75Rnk 129 / 132
2023
Flag  
GDP$78.9BCURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP GROWTH84.5%CURRENT US$
Rnk 28 / 195
2023
Flag
 GDP$364BCURRENT US$
Rnk 41 / 195
2013-2023
Flag
GDP GROWTH-30%CURRENT US$
Rnk 191 / 195
2023
Flag
GDP PC $2,531CURRENT US$
Rnk 147 / 195
2013-2023
Flag
GDP PC GROWTH41.7%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC$1,597CURRENT US$
Rnk 164 / 196
2013-2023
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GDP PC GROWTH-44.4%CURRENT US$
Rnk 192 / 195

About

Cote d'Ivoire-Nigeria Trade: In 2023, Cote d'Ivoire exported $150M to Nigeria. The main products that Cote d'Ivoire exported to Nigeria were Petroleum Coke ($27.7M), Refined Petroleum ($27.2M), and Beauty Products ($27M). Over the past 5 years the exports of Cote d'Ivoire to Nigeria have decreased at an annualized rate of 6.28%, from $208M in 2018 to $150M in 2023.

In 2023, Cote d'Ivoire did not export any services to Nigeria.

Nigeria-Cote d'Ivoire Trade: In 2023, Nigeria exported $2.4B to Cote d'Ivoire. The main products that Nigeria exported to Cote d'Ivoire were Crude Petroleum ($2.29B), Soybean Meal ($36.9M), and Oil Seed Flower ($12.1M). Over the past 5 years the exports of Nigeria to Cote d'Ivoire have increased at an annualized rate of 14.1%,  from $1.24B in 2018 to $2.4B in 2023.

In 2023, Nigeria did not export any services to Cote d'Ivoire.

Comparison: In 2023,  Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B). That same year, Nigeria ranked 129 in the Economic Complexity Index (ECI -1.75), and 52 in total exports ($61B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cote d'Ivoire exported $150M to Nigeria. The main products exported from Cote d'Ivoire to Nigeria were Petroleum Coke ($27.7M), Refined Petroleum ($27.2M), and Beauty Products ($27M). During the last 5 years the exports of Cote d'Ivoire to Nigeria have decreased at an annualized rate of 6.28%, from $208M in 2018 to $150M in 2023.

In 2018, Nigeria exported $2.4B to Cote d'Ivoire. The main products exported from Nigeria to Cote d'Ivoire were Crude Petroleum ($2.29B), Soybean Meal ($36.9M), and Oil Seed Flower ($12.1M). During the last 5 years the exports of Nigeria to Cote d'Ivoire have increased at an annualized rate of 14.1%, from $1.24B in 2023 to $2.4B in 2018.

Exports from Cote d'Ivoire (Flag) to Nigeria (Flag) (2023)

Exports from Nigeria (Flag) to Cote d'Ivoire (Flag) (2023)

Latest Data

Trade between Cote d'Ivoire (Flag) and Nigeria (Flag)

Cote d'Ivoire Exports

Nigeria Exports

Market Competitiveness

Color
Cote d'Ivoire
Top DestinationSwitzerland$3.88B
Nigeria
Top DestinationUnited States$6.29B

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

In 2023, countries that imported more from Cote d'Ivoire than Nigeria included Switzerland ($3.88B), Mali ($1.59B), and Burkina Faso ($847M).

In 2023, countries that imported more from Nigeria than Cote d'Ivoire included Spain ($5.76B), United States ($6.29B), and France ($4.76B).

Difference in imports from Nigeria (Flag) and Cote d'Ivoire (Flag) (2023)

Comparative Advantage Cote d'Ivoire - Nigeria

Flow
Scale

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

During 2023, Cote d'Ivoire had a large net trade with Nigeria in the exports of Mineral Products ($54.9M), Chemical Products ($39.3M), and Animal and Vegetable Bi-Products ($16.6M).

During 2018, Nigeria had a large net trade with Cote d'Ivoire in the exports of Mineral Products ($2.31B), Foodstuffs ($42.1M), and Chemical Products ($22M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cote d'Ivoire Nigeria+$1.83MPalm Oil
Top Product Potential Nigeria Cote d'Ivoire+$16.6MNitrogenous Fertilizers

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 Cote d'Ivoire and Nigeria. This means that a dot/product with the flag of Cote d'Ivoire indicates it has a comparative advantage over Nigeria. Similarly, a dot/product with the flag of Nigeria indicates it has a comparative advantage over Cote d'Ivoire.

Product Space of Cote d'Ivoire (Flag) and Nigeria (Flag) (2023)

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