Cote d'Ivoire2019 Economic Complexity : -0.96, Rank 118 of 146
2019 Product Exports | Imports: $13.7B | $11B, 82 of 225 | 98 of 225
2019 Per Capita Product Exports | Imports: $534 | $427, N/A of N/A | N/A of N/A
2018 Service Exports | Imports : $1.07B | $3.44B, 98 of 125 | 77 of 125
Overview In 2019 Cote d'Ivoire was the number 79 economy in the world in terms of GDP (current US$), the number 82 in total exports, the number 98 in total imports, the number N/A economy in terms of GDP per capita (current US$) and the number 118 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Cote d'Ivoire are Cocoa Beans ($3.84B), Gold ($1.09B), Rubber ($1.08B), Refined Petroleum ($1.02B), and Crude Petroleum ($941M), exporting mostly to Netherlands ($1.38B), United States ($885M), France ($865M), Spain ($657M), and Malaysia ($649M).
In 2019, Cote d'Ivoire was the world's biggest exporter of Cocoa Beans ($3.84B), Cocoa Paste ($795M), and Cocoa Shells ($115M)
Imports The top imports of Cote d'Ivoire are Crude Petroleum ($1.47B), Rice ($619M), Non-fillet Frozen Fish ($489M), Refined Petroleum ($321M), and Packaged Medicaments ($273M), importing mostly from China ($1.96B), Nigeria ($1.42B), France ($1.23B), India ($461M), and United States ($395M).
Location Cote d'Ivoire borders Burkina Faso, Ghana, Guinea, Liberia, and Mali by land.
Top Export (2019): Cocoa Beans, $3.84B
Top Destination (2019): Netherlands, $1.38B
In 2019, Cote d'Ivoire exported a total of $13.7B, making it the number 82 exporter in the world. During the last five reported years the exports of Cote d'Ivoire have changed by -$161M from $13.9B in 2014 to $13.7B in 2019.
The most recent exports are led by Cocoa Beans ($3.84B), Gold ($1.09B), Rubber ($1.08B), Refined Petroleum ($1.02B), and Crude Petroleum ($941M). The most common destination for the exports of Cote d'Ivoire are Netherlands ($1.38B), United States ($885M), France ($865M), Spain ($657M), and Malaysia ($649M).
Top Import (2019): Crude Petroleum, $1.47B
Top Origin (2019): China, $1.96B
In 2019 Cote d'Ivoire imported $11B, making it the number 98 trade destination in the world. During the last five reported years the imports of Cote d'Ivoire changed by -$646M from $11.6B in 2014 to $11B in 2019.
The most recent imports of Cote d'Ivoire are led by Crude Petroleum ($1.47B), Rice ($619M), Non-fillet Frozen Fish ($489M), Refined Petroleum ($321M), and Packaged Medicaments ($273M). The most common import partners for Cote d'Ivoire are China ($1.96B), Nigeria ($1.42B), France ($1.23B), India ($461M), and United States ($395M).
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).
The top product import tariffs by their MFN Ad Valorem value for Cote d'Ivoire are Birds' eggs, in shell: fresh, not for incubation, of fowls of the species Gallus domesticus (domestic hens) (35%) and Birds' eggs, in shell: fresh, not for incubation, other than fowls of the species Gallus domesticus (domestic hens) (35%).
Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.
*The tariffs applied to imports for Cote d'Ivoire are:
Cote d'Ivoire has a high level of specialization in Cocoa Beans (529), Cocoa Paste (312), Coconuts, Brazil Nuts, and Cashews (119), Rubber (104), and Cocoa Butter (103). Specialization is measured using RCA, an index that takes the ratio between Cote d'Ivoire observed and expected exports in each product.
The highest complexity exports of Cote d'Ivoire according to the product complexity index (PCI) are Parts and accessories of weapons (0.56), Beauty, make-up and skin care preparations (0.44), Perfumes and toilet waters (0.2), Chocolate and other foods containing cocoa (0.027), and Hair preparations (0.026). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Cote d'Ivoire according to the relatedness index, are Aluminium Ore (0.12), Cassava (0.11), Rough Wood (0.1), Crustaceans (0.1), and Petroleum Gas (0.099). 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 a country currently specializes in.
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.
During the last 20 years Cote d'Ivoire's economy has become relatively less complex, moving from the 94th to the 118th 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.