Overview: In 2018 Cote d'Ivoire was the number 90 economy in the world in terms of GDP (current US$), the number 82 in total exports, the number 94 in total imports, and the number 121 most complex economy according to the Economic Complexity Index (ECI). In 2018, Cote d'Ivoire exported $12.7B and imported $11.3B, resulting in a positive trade balance of $1.45B. In 2018, Cote d'Ivoire's exports per capita were $507 and its imports per capita were $449.
In 2018 Cote d'Ivoire exported a total of $12.7B, making it the number 82 exporter in the world. During the last five reported years the exports of Cote d'Ivoire have changed by -$1.2B from $13.9B in 2013 to $12.7B in 2018.
In 2018 Cote d'Ivoire imported $11.3B, making it the number 94 trade destination in the world. During the last five reported years the imports of Cote d'Ivoire changed by -$1.68B from $12.9B in 2013 to $11.3B in 2018.
In 2018, Cote d'Ivoire exported $1.07B worth of services. The top services exported by Cote d'Ivoire in 2018 were Transportation ($271M), Business travel ($262M), Personal travel ($182M), Computer and information services ($163M), and Government services, n.i.e. ($90.8M).
The top services imported by Cote d'Ivoire in 2018 were Transportation ($1.74B), Other business services ($504M), Personal travel ($351M), Computer and information services ($314M), and Government services, n.i.e. ($163M).
This section shows forecasts for total product exports and imports for Cote d'Ivoire. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.
*The tariffs applied to imports for Cote d'Ivoire are:136: Most Favoured Nation duty rate treatement323: Preferential tariff for UEMOA (French: Union Economique et Monétaire Ouest-Africaine)
During the last 20 years Cote d'Ivoire's economy has become relatively less complex, moving from the 92nd to the 121st position in the ECI rank.
These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.
Cote d'Ivoire has a high level of specialization in Cocoa Beans (556), Cocoa Paste (311), Coconuts, Brazil Nuts, and Cashews (179), Cocoa Butter (122), and Rubber (92.3). Specialization is measured using RCA, an index that takes the ratio between Cote d'Ivoire observed and expected exports in each product.
The top export opportunities for Cote d'Ivoire according to the relatedness index, are Crude Petroleum (0.15), Aluminium Ore (0.12), Rough Wood (0.12), Crustaceans (0.12), and Insect Resins (0.12). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Cote d'Ivoire is not specialized in.
The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.
The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities.
Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.
Cote d'Ivoire
