Cote d'Ivoire (CIV) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Cote d'Ivoire-Russia Trade: In 2022, Cote d'Ivoire exported $12.6M to Russia. The main products that Cote d'Ivoire exported to Russia were Cocoa Beans ($11M), Rubber ($596k), and Coconuts, Brazil Nuts, and Cashews ($397k). Over the past 5 years the exports of Cote d'Ivoire to Russia have decreased at an annualized rate of 20.9%, from $40.7M in 2017 to $12.6M in 2022.

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

Russia-Cote d'Ivoire Trade: In 2022, Russia exported $247M to Cote d'Ivoire. The main products that Russia exported to Cote d'Ivoire were Refined Petroleum ($119M), Nitrogenous Fertilizers ($32.4M), and Hot-Rolled Iron Bars ($24.1M). Over the past 5 years the exports of Russia to Cote d'Ivoire have increased at an annualized rate of 26.7%, from $75.6M in 2017 to $247M in 2022.

In 2020, Russia exported services to Cote d'Ivoire worth $103k, with Financial services ($43k), Computer and information services ($34k), and Transportation ($14k) being the largest in terms of value.

Comparison: In 2022, Cote d'Ivoire ranked 117 in the Economic Complexity Index (ECI -1.1), and 81 in total exports ($17.5B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

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HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cote d'Ivoire exported $12.6M to Russia. The main products exported from Cote d'Ivoire to Russia were Cocoa Beans ($11M), Rubber ($596k), and Coconuts, Brazil Nuts, and Cashews ($397k). During the last 5 years the exports of Cote d'Ivoire to Russia have decreased at an annualized rate of 20.9%, from $40.7M in 2017 to $12.6M in 2022.

In 2017, Russia exported $247M to Cote d'Ivoire. The main products exported from Russia to Cote d'Ivoire were Refined Petroleum ($119M), Nitrogenous Fertilizers ($32.4M), and Hot-Rolled Iron Bars ($24.1M). During the last 5 years the exports of Russia to Cote d'Ivoire have increased at an annualized rate of 26.7%, from $75.6M in 2022 to $247M in 2017.

Exports from Cote d'Ivoire () to Russia () (2022)

Exports from Russia () to Cote d'Ivoire () (2022)

Latest Data

Trade between Cote d'Ivoire () and Russia ()

Cote d'Ivoire Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cote d'Ivoire
Top DestinationSwitzerland$1.6B

Russia
Top DestinationChina$101B

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

In 2022, countries that imported more from Cote d'Ivoire than Russia included Mali ($1.46B), Ghana ($685M), and Burkina Faso ($845M).

In 2022, countries that imported more from Russia than Cote d'Ivoire included China ($101B), India ($40.4B), and Germany ($27.7B).

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

Comparative Advantage Cote d'Ivoire - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cote d'Ivoire had a large net trade with Russia in the exports of Foodstuffs ($11.6M), Plastics and Rubbers ($596k), and Vegetable Products ($423k).

During 2017, Russia had a large net trade with Cote d'Ivoire in the exports of Mineral Products ($119M), Chemical Products ($39.1M), and Metals ($24.4M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

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Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cote d'Ivoire Russia+$5.16kRefined Petroleum

Top Product Potential Russia Cote d'Ivoire+$10.6kCrude Petroleum

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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Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Cote d'Ivoire worth $103k, with Financial services ($43k), Computer and information services ($34k), and Transportation ($14k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Cote d'Ivoire () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Cote d'Ivoire () to Russia () (2022)

Exports from Russia () to Cote d'Ivoire () (2022)

Latest Data

Trade between Cote d'Ivoire () and Russia ()

Cote d'Ivoire Exports

Russia Exports

Market Competitiveness

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

Comparative Advantage Cote d'Ivoire - Russia

Potential Exports

Potential Exports

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Bilateral Service Trade

Services Exports from Russia () to Cote d'Ivoire () (2020)

Service Trade

Economic Complexity

Competitive Landscape

Product Space of Cote d'Ivoire () and Russia () (2022)

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