Flag South Korea / Cote d'Ivoire Flag

Exports FlagFlag  (2018): $309M, Rnk 77 / 210

Top Product FlagFlag (2018): $184M, Special Purpose Ships

Exports FlagFlag (2018): $2.96M, Rnk 80 / 161

Top Product FlagFlag (2018): $1.73M, Scrap Copper

Economic Complexity of Flag (2018): ECI 1.85, Rnk 5 / 137

Economic Complexity of Flag (2018): ECI -1.21, Rnk 121 / 137

GDP Flag (2018): $1.62T, CURRENT US$
Rnk 12 / 196

GDP GROWTH Flag (2008-2018): 61.6%, CURRENT US$
Rnk 69 / 196

GDP Flag (2018): $43B, CURRENT US$
Rnk 90 / 196

GDP GROWTH Flag (2008-2018): 77.5%, CURRENT US$
Rnk 47 / 196

GDP PC Flag (2018): $31,363, CURRENT US$
Rnk 34 / 196

GDP PC GROWTH Flag (2008-2018): 53.5%, CURRENT US$
Rnk 42 / 196

GDP PC Flag (2018): $1,716, CURRENT US$
Rnk 154 / 196

GDP PC GROWTH Flag (2008-2018): 38.8%, CURRENT US$
Rnk 64 / 196

South Korea-Cote d'Ivoire: In 2018, South Korea exported $309M to Cote d'Ivoire. The main products exported from South Korea to Cote d'Ivoire were Special Purpose Ships ($184M), Video Displays ($18M), and Cars ($16.2M). During the last 23 years the exports of South Korea to Cote d'Ivoire have increased at an annualized rate of 9.91%, from $35.2M in 1995 to $309M in 2018.

Cote d'Ivoire-South Korea: In 2018, Cote d'Ivoire exported $2.96M to South Korea. The main products exported from Cote d'Ivoire to South Korea were Scrap Copper ($1.73M), Copper Ore ($506k), and Cocoa Paste ($244k). During the last 23 years the exports of Cote d'Ivoire to South Korea have decreased at an annualized rate of 0.13%, from $3.05M in 1995 to $2.96M in 2018.

Comparison: In 2018, South Korea ranked 5 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($617B). That same year, Cote d'Ivoire ranked 121 in the Economic Complexity Index (ECI -1.21), and 82 in total exports ($12.7B). In terms of GDP Per Capita, South Korea was ranked 34 with a GDP Per Capita of $31,363, and Cote d'Ivoire was ranked 154 with a GDP Per Capita of $1,716.

Bilateral Trade by Products

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Depth
Value

In 2018, South Korea exported $309M to Cote d'Ivoire. The main products exported from South Korea to Cote d'Ivoire were Special Purpose Ships ($184M), Video Displays ($18M), and Cars ($16.2M). During the last 23 years the exports of South Korea to Cote d'Ivoire have increased at an annualized rate of 9.91%, from $35.2M in 1995 to $309M in 2018.

In 2018, Cote d'Ivoire exported $2.96M to South Korea. The main products exported from Cote d'Ivoire to South Korea were Scrap Copper ($1.73M), Copper Ore ($506k), and Cocoa Paste ($244k). During the last 23 years the exports of Cote d'Ivoire to South Korea have decreased at an annualized rate of 0.13%, from $3.05M in 1995 to $2.96M in 2018.

Market Competitiveness

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Measure

South Korea
Top Destination
: China, $160B

Cote d'Ivoire
Top Destination
: Netherlands, $1.39B

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

In 2018, countries that imported more from South Korea than Cote d'Ivoire were China ($160B), United States ($73.1B), and Vietnam ($48.6B).

In 2018, countries that imported more from Cote d'Ivoire than South Korea were Mali ($528M), Burkina Faso ($549M), and Gambia ($277M).

Comparative Advantage South Korea - Cote d'Ivoire

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Depth

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

During 2018, South Korea had a large net trade with Cote d'Ivoire in the exports of Transportation ($208M), Machines ($49.2M), and Chemical Products ($22.3M).

During 2018, Cote d'Ivoire had a large net trade with South Korea in the exports of Metals ($1.78M), Mineral Products ($506k), and Foodstuffs ($387k).

Tariff Section

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This sections shows import tariffs for products traded between South Korea and Cote d'Ivoire (using the HS6 product classification and the last year reported).

In 2018, the products from South Korea that paid the highest import tariffs to enter Cote d'Ivoire were Cereals: fonio (Digitaria spp.) (800%) and Cereals: quinoa (Chenopodium quinoa) (800%).

In 2018, the products from Cote d'Ivoire that paid the highest import tariffs to enter South Korea were Bovine carcasses and half carcasses, fresh or chilled (35%) and Bovine cuts bone in, fresh or chilled (35%).

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*The tariffs present between South Korea and Cote d'Ivoire are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between South Korea and Cote d'Ivoire. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

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Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to red.  This mean that the more blue a dot/product is, the more South Korea has comparative advantage over Cote d'Ivoire. Similarly, the more red a dot/product is, the more Cote d'Ivoire has comparative advantage over South Korea.