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2023
Flag → Flag
Exports $636MRnk 55 / 220
2023
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Top Product $451MRefined Petroleum
2023
Flag → Flag
Exports $618MRnk 11 / 162
2023
Flag → Flag
Top Product $388MCocoa Beans
2023
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Economic Complexity (ECI) ECI 1.23Rnk 20 / 132
2023
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Economic Complexity (ECI) ECI -1.08Rnk 114 / 132
2023
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GDP$645BCURRENT US$
Rnk 23 / 195
2013-2023
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GDP GROWTH23%CURRENT US$
Rnk 132 / 195
2023
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 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 $54,701CURRENT US$
Rnk 20 / 195
2013-2023
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GDP PC GROWTH16.5%CURRENT US$
Rnk 113 / 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

Belgium-Cote d'Ivoire Trade: In 2023, Belgium exported $636M to Cote d'Ivoire. The main products that Belgium exported to Cote d'Ivoire were Refined Petroleum ($451M), Copper Wire ($19.4M), and Vaccines, blood, antisera, toxins and cultures ($14.1M). Over the past 5 years the exports of Belgium to Cote d'Ivoire have increased at an annualized rate of 20.6%, from $249M in 2018 to $636M in 2023.

In 2023, Belgium did not export any services to Cote d'Ivoire.

Cote d'Ivoire-Belgium Trade: In 2023, Cote d'Ivoire exported $618M to Belgium. The main products that Cote d'Ivoire exported to Belgium were Cocoa Beans ($388M), Rubber ($57.7M), and Passenger and Cargo Ships ($54.3M). Over the past 5 years the exports of Cote d'Ivoire to Belgium have increased at an annualized rate of 7.59%,  from $429M in 2018 to $618M in 2023.

In 2023, Cote d'Ivoire did not export any services to Belgium.

Comparison: In 2023,  Belgium ranked 20 in the Economic Complexity Index (ECI 1.23), and 13 in total exports ($437B). That same year, Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B).

Latest Trends

November, 2024

About

Overview In November 2024, Belgium exported €42.6M and imported €43.9M from Cote d'Ivoire, resulting in a negative trade balance of €1.32M. Between November 2023 and November 2024 the exports of Belgium have decreased by €-37.4M (-46.7%) from €80M to €42.6M, while imports increased by €10.2M (30.2%) from €33.7M to €43.9M.

Trade In November 2024, the top exports of Belgium to Cote d'Ivoire were Mineral fuels, mineral oils and products... (€27.7M), Cars, tractors, trucks & parts thereof. (€2.29M), Machinery, mechanical appliances, & parts (€1.31M), Copper articles (€856k), and Furniture, bedding, lamps, & prefab buildings (€754k). In November 2024 the top imports of Belgium from Cote d'Ivoire were Cocoa & cocoa preparations (€12.3M), Rubber & articles thereof (€6.82M), Copper articles (€318k), Coffee, tea, mate & spices (€222k), and Edible fruits, nuts & fruit peels (€200k).

Growth In November 2024, the decrease in Belgium's year-by-year exports to Cote d'Ivoire was explained primarily by an decrease in product exports in Mineral fuels, mineral oils and products... (€-23.9M or -46.3%), Pharmaceutical products (€-11.8M or -97.6%), and Iron/Steel Articles (€-3.04M or -95%). In November 2024, the increase in Belgium's year-by-year imports  from Cote d'Ivoire was explained primarily by an increase in product imports  in Rubber & articles thereof (€1.35M or 24.7%), Coffee, tea, mate & spices (€214k or 2.52k%), and Edible fruits, nuts & fruit peels (€85.7k or 74.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)€-37.4M(-46.7%)
IMPORT GROWTH (November 2023 - November 2024)€10.2M(30.2%)

This section shows exports and imports data at subnational level for Belgium. Click any date in the line plot or any product to explore the exports or imports behavior of Belgium over time.

To check Cote d'Ivoire and Belgium trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cote d'Ivoire and Belgium Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Belgium exported $636M to Cote d'Ivoire. The main products exported from Belgium to Cote d'Ivoire were Refined Petroleum ($451M), Copper Wire ($19.4M), and Vaccines, blood, antisera, toxins and cultures ($14.1M). During the last 5 years the exports of Belgium to Cote d'Ivoire have increased at an annualized rate of 20.6%, from $249M in 2018 to $636M in 2023.

In 2018, Cote d'Ivoire exported $618M to Belgium. The main products exported from Cote d'Ivoire to Belgium were Cocoa Beans ($388M), Rubber ($57.7M), and Passenger and Cargo Ships ($54.3M). During the last 5 years the exports of Cote d'Ivoire to Belgium have increased at an annualized rate of 7.59%, from $429M in 2023 to $618M in 2018.

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

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

Market Competitiveness

Color
Belgium
Top DestinationFrance$85.6B
Cote d'Ivoire
Top DestinationSwitzerland$3.88B

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

In 2023, countries that imported more from Belgium than Cote d'Ivoire included France ($85.6B), Netherlands ($67.3B), and Germany ($60.8B).

In 2023, countries that imported more from Cote d'Ivoire than Belgium included Mali ($1.59B), Burkina Faso ($847M), and Liberia ($365M).

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

Comparative Advantage Belgium - Cote d'Ivoire

Flow
Scale

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

During 2023, Belgium had a large net trade with Cote d'Ivoire in the exports of Mineral Products ($452M), Chemical Products ($39.2M), and Metals ($34.8M).

During 2018, Cote d'Ivoire had a large net trade with Belgium in the exports of Foodstuffs ($424M), Plastics and Rubbers ($57.9M), and Transportation ($57.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belgium Cote d'Ivoire+$12.1MVaccines, blood, antisera, toxins and cultures
Top Product Potential Cote d'Ivoire Belgium+$3.13MRubber

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

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

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