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2022
Flag → Flag
Exports $133MRnk 87 / 220
2022
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Top Product $35.1MLarge Construction Vehicles
2022
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Exports $4.16MRnk 70 / 160
2022
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Top Product $2.9MNickel Ore
2022
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Economic Complexity (ECI) ECI 1.78Rnk 4 / 133
2022
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Economic Complexity (ECI) ECI -1.1Rnk 117 / 133
2022
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GDP$1.67TCURRENT US$
Rnk 13 / 186
2012-2022
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GDP GROWTH30.3%CURRENT US$
Rnk 100 / 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 $32,255CURRENT US$
Rnk 33 / 186
2012-2022
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GDP PC GROWTH26.7%CURRENT US$
Rnk 70 / 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

South Korea-Cote d'Ivoire Trade: In 2022, South Korea exported $133M to Cote d'Ivoire. The main products that South Korea exported to Cote d'Ivoire were Large Construction Vehicles ($35.1M), Refined Petroleum ($28.2M), and Cars ($24.5M). Over the past 5 years the exports of South Korea to Cote d'Ivoire have increased at an annualized rate of 27.4%, from $39.7M in 2017 to $133M in 2022.

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

Cote d'Ivoire-South Korea Trade: In 2022, Cote d'Ivoire exported $4.16M to South Korea. The main products that Cote d'Ivoire exported to South Korea were Nickel Ore ($2.9M), Scrap Copper ($1.65M), and Scrap Aluminium ($1.19M). Over the past 5 years the exports of Cote d'Ivoire to South Korea have increased at an annualized rate of 10.9%,  from $2.48M in 2017 to $4.16M in 2022.

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

Comparison: In 2022,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B). 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

May, 2024

About

Overview In May 2024, South Korea exported $13.1M and imported $301k from Cote d'Ivoire, resulting in a positive trade balance of $12.8M. Between May 2023 and May 2024 the exports of South Korea have decreased by $-3.29M (-20%) from $16.4M to $13.1M, while imports decreased by $-748k (-71.3%) from $1.05M to $301k.

Trade In May 2024, the top exports of South Korea to Cote d'Ivoire were Machinery, mechanical appliances, & parts ($7.06M), Plastics & articles thereof ($3.02M), Fish, crustaceans, & molluscs ($1.48M), Cars, tractors, trucks & parts thereof. ($1.24M), and Pharmaceutical products ($1.21M). In May 2024 the top imports of South Korea from Cote d'Ivoire were Aluminum articles ($301k), Cocoa & cocoa preparations ($87k), Art & antiques ($17k), Fish, crustaceans, & molluscs ($0), and Animal or vegetable fats, oils, &... ($0).

Growth In May 2024, the decrease in South Korea's year-by-year exports to Cote d'Ivoire was explained primarily by an decrease in product exports in Chemical products n.e.s. ($-754k or -97.7%), Electrical machinery and electronics ($-166k or -71.9%), and Plastics & articles thereof ($-123k or -3.91%). In May 2024, the decrease in South Korea's year-by-year imports  from Cote d'Ivoire was explained primarily by an decrease in product imports  in Cocoa & cocoa preparations ($-9k or -9.38%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (May 2023 - May 2024)$-3.29M(-20%)
IMPORT GROWTH (May 2023 - May 2024)$-748k(-71.3%)

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

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

For full datasets download visit Bulk Download page.

Explore Cote d'Ivoire and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Korea exported $133M to Cote d'Ivoire. The main products exported from South Korea to Cote d'Ivoire were Large Construction Vehicles ($35.1M), Refined Petroleum ($28.2M), and Cars ($24.5M). During the last 5 years the exports of South Korea to Cote d'Ivoire have increased at an annualized rate of 27.4%, from $39.7M in 2017 to $133M in 2022.

In 2017, Cote d'Ivoire exported $4.16M to South Korea. The main products exported from Cote d'Ivoire to South Korea were Nickel Ore ($2.9M), Scrap Copper ($1.65M), and Scrap Aluminium ($1.19M). During the last 22 years the exports of Cote d'Ivoire to South Korea have increased at an annualized rate of 10.9%, from $2.48M in 1995 to $4.16M in 2017.

Exports from South Korea (Flag) to Cote d'Ivoire (Flag) (2022)

Exports from Cote d'Ivoire (Flag) to South Korea (Flag) (2022)

Market Competitiveness

Color
South Korea
Top DestinationChina$150B
Cote d'Ivoire
Top DestinationSwitzerland$1.6B

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 2022, countries that imported more from South Korea than Cote d'Ivoire included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

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

Comparative Advantage South Korea - Cote d'Ivoire

Flow
Scale

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 2022, South Korea had a large net trade with Cote d'Ivoire in the exports of Chemical Products ($55.3M), Machines ($51M), and Plastics and Rubbers ($41.9M).

During 2017, Cote d'Ivoire had a large net trade with South Korea in the exports of Mineral Products ($2.9M), Metals ($2.84M), and Vegetable Products ($405k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Cote d'Ivoire+$13.4MCars
Top Product Potential Cote d'Ivoire South Korea+$2.68MScrap Copper

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 South Korea and Cote d'Ivoire. This means that a dot/product with the flag of South Korea 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 South Korea.

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

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