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

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, 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 2018 to $2.4B in 2023.

In 2018, 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 2023 to $150M in 2018.

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

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

Latest Data

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

Nigeria Exports

Cote d'Ivoire Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Nigeria - Cote d'Ivoire

Flow
Scale

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

During 2023, 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).

During 2018, 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).

Potential Exports

Potential Exports

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

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

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

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