Cote d'Ivoire (CIV) and Belgium (BEL) Trade | The Observatory of Economic Complexity

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Cote d'Ivoire-Belgium Trade: In 2022, Cote d'Ivoire exported $660M to Belgium. The main products that Cote d'Ivoire exported to Belgium were Cocoa Beans ($480M), Rubber ($88.5M), and Cocoa Butter ($19.4M). Over the past 5 years the exports of Cote d'Ivoire to Belgium have increased at an annualized rate of 1.93%, from $600M in 2017 to $660M in 2022.

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

Belgium-Cote d'Ivoire Trade: In 2022, Belgium exported $812M to Cote d'Ivoire. The main products that Belgium exported to Cote d'Ivoire were Refined Petroleum ($586M), Copper Wire ($17.3M), and Iron Structures ($15.7M). Over the past 5 years the exports of Belgium to Cote d'Ivoire have increased at an annualized rate of 25.3%, from $263M in 2017 to $812M in 2022.

In 2022, Belgium 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, Belgium ranked 19 in the Economic Complexity Index (ECI 1.25), and 13 in total exports ($475B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cote d'Ivoire exported $660M to Belgium. The main products exported from Cote d'Ivoire to Belgium were Cocoa Beans ($480M), Rubber ($88.5M), and Cocoa Butter ($19.4M). During the last 5 years the exports of Cote d'Ivoire to Belgium have increased at an annualized rate of 1.93%, from $600M in 2017 to $660M in 2022.

In 2017, Belgium exported $812M to Cote d'Ivoire. The main products exported from Belgium to Cote d'Ivoire were Refined Petroleum ($586M), Copper Wire ($17.3M), and Iron Structures ($15.7M). During the last 5 years the exports of Belgium to Cote d'Ivoire have increased at an annualized rate of 25.3%, from $263M in 2022 to $812M in 2017.

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

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

Latest Data

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

Cote d'Ivoire Exports

Date

Belgium Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cote d'Ivoire
Top DestinationSwitzerland$1.6B

Belgium
Top DestinationGermany$91.9B

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

In 2022, countries that imported more from Cote d'Ivoire than Belgium included Mali ($1.46B), Burkina Faso ($845M), and Niger ($106M).

In 2022, countries that imported more from Belgium than Cote d'Ivoire included Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

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

Comparative Advantage Cote d'Ivoire - Belgium

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cote d'Ivoire had a large net trade with Belgium in the exports of Foodstuffs ($501M), Plastics and Rubbers ($89.8M), and Vegetable Products ($51.3M).

During 2017, Belgium had a large net trade with Cote d'Ivoire in the exports of Mineral Products ($586M), Metals ($41.8M), and Chemical Products ($39.8M).

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 Belgium+$3.13MRubber

Top Product Potential Belgium Cote d'Ivoire+$12.1MVaccines, blood, antisera, toxins and cultures

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 Belgium. This means that a dot/product with the flag of Cote d'Ivoire indicates it has a comparative advantage over Belgium. Similarly, a dot/product with the flag of Belgium indicates it has a comparative advantage over Cote d'Ivoire.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

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

Cote d'Ivoire Exports

Belgium Exports

Market Competitiveness

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

Comparative Advantage Cote d'Ivoire - Belgium

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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