About

Overview In 2021, Cote d'Ivoire was the number 73 economy in the world in terms of GDP (current US$), the number 88 in total exports, the number 96 in total imports, the number 153 economy in terms of GDP per capita (current US$) and the number 115 most complex economy according to the Economic Complexity Index (ECI) .

Exports The top exports of Cote d'Ivoire are Cocoa Beans ($3.8B), Rubber ($1.72B), Gold ($1.42B), Coconuts, Brazil Nuts, and Cashews ($1.09B), and Cocoa Paste ($1.07B), exporting mostly to Netherlands ($1.21B), United States ($1.19B), Vietnam ($948M), Switzerland ($895M), and Malaysia ($820M).

In 2021, Cote d'Ivoire was the world's biggest exporter of Cocoa Beans ($3.8B) and Cocoa Paste ($1.07B)

Imports The top imports of Cote d'Ivoire are Crude Petroleum ($1.45B), Rice ($767M), Non-fillet Frozen Fish ($553M), Cars ($430M), and Packaged Medicaments ($241M), importing mostly from China ($3.12B), France ($1.61B), Nigeria ($1.33B), India ($728M), and Turkey ($417M).

Location Cote d'Ivoire borders Burkina Faso, Ghana, Guinea, Liberia, and Mali by land.

Latest Trends

Latest Trade

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Y-AXIS SCALE

The following section uses the most recent trade data from partners of Cote d'Ivoire.

Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Latest Data

Flow
Color
Depth

The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.

*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.

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Historical Data

Yearly Trade

Flow
Color
Depth
Top Export (2021)Cocoa Beans$3.8B
Top Destination (2021)Netherlands$1.21B

In 2021, Cote d'Ivoire exported a total of $12.4B, making it the number 88 exporter in the world. During the last five reported years the exports of Cote d'Ivoire have changed by -$15.9M from $12.4B in 2016 to $12.4B in 2021.

The most recent exports are led by Cocoa Beans ($3.8B), Rubber ($1.72B), Gold ($1.42B), Coconuts, Brazil Nuts, and Cashews ($1.09B), and Cocoa Paste ($1.07B). The most common destination for the exports of Cote d'Ivoire are Netherlands ($1.21B), United States ($1.19B), Vietnam ($948M), Switzerland ($895M), and Malaysia ($820M).

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Exports (2021)
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Destinations (2021)
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Market Growth

Flow
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Fastest Growing Export Markets (2020 - 2021)
Australia$322M (+ 212%)
United States$259M (+ 27.7%)
Vietnam$154M (+ 19.4%)
Fastest Growing Import Markets (2020 - 2021)
China$1.01B (+ 48.1%)
France$355M (+ 28.2%)
United Arab Emirates$221M (+ 185%)

Total Export Growth by Market (2020 - 2021)

Service Trade

Service Trade

Cote d'Ivoire Exports Services (2018)$1.07B
Cote d'Ivoire Imports Services (2018)$3.44B

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).

Service Exports (2018)

Service Imports (2018)

Economic Complexity

Overview

Economic Complexity (Trade)-1.19Rank 115 of 131
Economic Complexity (Research)-0.54Rank 96 of 140

Most Specialized Products by RCA Index

Cote d'Ivoire has a high level of specialization in Cocoa Beans (671), Cocoa Paste (441), Coconuts, Brazil Nuts, and Cashews (185), Rubber (162), and Cocoa Butter (127). Specialization is measured using RCA, an index that takes the ratio between Cote d'Ivoire observed and expected exports in each product.

Most Complex Products by PCI

Export Opportunities by Relatedness

The top export opportunities for Cote d'Ivoire according to the relatedness index, were Aluminium Ore (0.09), Crude Petroleum (0.087), Niobium, Tantalum, Vanadium and Zirconium Ore (0.083), Cassava (0.083), and Other Oily Seeds (0.082). 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.

Product Space

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 a country currently specializes in.

Relatedness Space

This network shows the products most related to the production structure of Cote D'ivoire. These are products that tend to be co-exported with the products that Cote D'ivoire exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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Depth

The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.

Economic Complexity Ranking

Methodology
Scale

During the last 20 years Cote d'Ivoire's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨79th to the 115th⁩ 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.

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ECI (Trade) Ranking by Country

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