Cote d'Ivoire (CIV) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Cote d'Ivoire-Armenia Trade: In 2022, Cote d'Ivoire exported $2.02M to Armenia. The main products that Cote d'Ivoire exported to Armenia were Cocoa Beans ($1.07M), Cocoa Paste ($585k), and Cocoa Powder ($259k). Over the past 5 years the exports of Cote d'Ivoire to Armenia have decreased at an annualized rate of 2.33%, from $2.27M in 2017 to $2.02M in 2022.

In 2022, Cote d'Ivoire did not export any services to Armenia.

Armenia-Cote d'Ivoire Trade: In 2022, Armenia exported $36.1k to Cote d'Ivoire. The main products that Armenia exported to Cote d'Ivoire were Other Construction Vehicles ($32.5k), Valves ($2.31k), and Pearl Products ($1.26k). Over the past 5 years the exports of Armenia to Cote d'Ivoire have increased at an annualized rate of 23%, from $12.8k in 2017 to $36.1k in 2022.

In 2022, Armenia did not export any services to Cote d'Ivoire.

Comparison: In 2022, Cote d'Ivoire ranked 117 in the Economic Complexity Index (ECI -1.1), and 81 in total exports ($17.5B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cote d'Ivoire exported $2.02M to Armenia. The main products exported from Cote d'Ivoire to Armenia were Cocoa Beans ($1.07M), Cocoa Paste ($585k), and Cocoa Powder ($259k). During the last 5 years the exports of Cote d'Ivoire to Armenia have decreased at an annualized rate of 2.33%, from $2.27M in 2017 to $2.02M in 2022.

In 2017, Armenia exported $36.1k to Cote d'Ivoire. The main products exported from Armenia to Cote d'Ivoire were Other Construction Vehicles ($32.5k), Valves ($2.31k), and Pearl Products ($1.26k). During the last 5 years the exports of Armenia to Cote d'Ivoire have increased at an annualized rate of 23%, from $12.8k in 2022 to $36.1k in 2017.

Exports from Cote d'Ivoire () to Armenia () (2022)

Exports from Armenia () to Cote d'Ivoire () (2022)

Latest Data

Trade between Cote d'Ivoire () and Armenia ()

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cote d'Ivoire
Top DestinationSwitzerland$1.6B

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Cote d'Ivoire than Armenia included Mali ($1.46B), Switzerland ($1.6B), and Netherlands ($1.43B).

In 2022, countries that imported more from Armenia than Cote d'Ivoire included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

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

Comparative Advantage Cote d'Ivoire - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cote d'Ivoire had a large net trade with Armenia in the exports of Foodstuffs ($1.93M), Vegetable Products ($84.7k), and Transportation ($5.92k).

During 2017, Armenia had a large net trade with Cote d'Ivoire in the exports of Machines ($34.8k), Precious Metals ($1.26k), and Metals ($6).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Cote d'Ivoire Armenia+$353kCocoa Beans

Top Product Potential Armenia Cote d'Ivoire+$2.87kCars

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

Year

This visualization shows the product space at the HS4 level with the flags of Cote d'Ivoire and Armenia. This means that a dot/product with the flag of Cote d'Ivoire indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Cote d'Ivoire.

About

Historical Data

Bilateral Trade by Products

Exports from Cote d'Ivoire () to Armenia () (2022)

Exports from Armenia () to Cote d'Ivoire () (2022)

Latest Data

Trade between Cote d'Ivoire () and Armenia ()

Armenia Exports

Market Competitiveness

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

Comparative Advantage Cote d'Ivoire - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cote d'Ivoire () and Armenia () (2022)

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