Cote d'Ivoire (CIV) and Venezuela (VEN) Trade | The Observatory of Economic Complexity

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Cote d'Ivoire-Venezuela Trade: In 2022, Cote d'Ivoire exported $237k to Venezuela. The main products that Cote d'Ivoire exported to Venezuela were Rubber ($237k). Over the past 10 years the exports of Cote d'Ivoire to Venezuela have decreased at an annualized rate of 5.86%, from $434k in 2012 to $237k in 2022.

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

Venezuela-Cote d'Ivoire Trade: In 2022, Venezuela exported $116k to Cote d'Ivoire. The main products that Venezuela exported to Cote d'Ivoire were Crustaceans ($113k), Beauty Products ($1.27k), and Other Rubber Products ($718). Over the past 10 years the exports of Venezuela to Cote d'Ivoire have increased at an annualized rate of 40.8%, from $21k in 2012 to $116k in 2022.

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

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, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cote d'Ivoire exported $237k to Venezuela. The main products exported from Cote d'Ivoire to Venezuela were Rubber ($237k). During the last 10 years the exports of Cote d'Ivoire to Venezuela have decreased at an annualized rate of 5.86%, from $434k in 2012 to $237k in 2022.

In 2017, Venezuela exported $116k to Cote d'Ivoire. The main products exported from Venezuela to Cote d'Ivoire were Crustaceans ($113k), Beauty Products ($1.27k), and Other Rubber Products ($718). During the last 5 years the exports of Venezuela to Cote d'Ivoire have increased at an annualized rate of 40.8%, from $21k in 2022 to $116k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cote d'Ivoire
Top DestinationSwitzerland$1.6B

Venezuela
Top DestinationChina$703M

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

In 2022, countries that imported more from Cote d'Ivoire than Venezuela included Switzerland ($1.6B), Mali ($1.46B), and Netherlands ($1.43B).

In 2022, countries that imported more from Venezuela than Cote d'Ivoire included Turkey ($597M), Brazil ($361M), and Lebanon ($150M).

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

Comparative Advantage Cote d'Ivoire - Venezuela

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cote d'Ivoire had a large net trade with Venezuela in the exports of Plastics and Rubbers ($237k).

During 2017, Venezuela had a large net trade with Cote d'Ivoire in the exports of Animal Products ($113k), Chemical Products ($1.27k), and Plastics and Rubbers ($718).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Cote d'Ivoire - Venezuela

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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