2022
Flag  
GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
Flag
 GDP
$70BCURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP GROWTH
92.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC 
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
Flag
GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186
2022
Flag
GDP PC
$2,486CURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP PC GROWTH
50.8%CURRENT US$
Rnk 33 / 186

About

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.

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.

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

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $247M in 2022.

In 2017, 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 2022 to $12.6M in 2017.

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

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

Market Competitiveness

Color
Russia
Top Destination
China$101B
Cote d'Ivoire
Top Destination
Switzerland$1.6B

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

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

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

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

Comparative Advantage Russia - Cote d'Ivoire

Flow
Scale

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

During 2022, 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).

During 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Russia Cote d'Ivoire+$10.6kCrude Petroleum
Top Product Potential Cote d'Ivoire Russia+$5.16kRefined 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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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Russia and Cote d'Ivoire. This means that a dot/product with the flag of Russia 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 Russia.

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

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