Cote d'Ivoire (CIV) and South Korea (KOR) Trade | The Observatory of Economic Complexity

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Cote d'Ivoire-South Korea Trade: In 2022, Cote d'Ivoire exported $7.01M to South Korea. The main products that Cote d'Ivoire exported to South Korea were Nickel Ore ($2.9M), Scrap Copper ($1.65M), and Scrap Aluminium ($1.19M). Over the past 5 years the exports of Cote d'Ivoire to South Korea have increased at an annualized rate of 11%, from $4.16M in 2017 to $7.01M in 2022.

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

South Korea-Cote d'Ivoire Trade: In 2022, South Korea exported $235M to Cote d'Ivoire. The main products that South Korea exported to Cote d'Ivoire were Large Construction Vehicles ($35.1M), Refined Petroleum ($28.2M), and Cars ($24.5M). Over the past 5 years the exports of South Korea to Cote d'Ivoire have increased at an annualized rate of 9.94%, from $133M in 2017 to $235M in 2022.

In 2022, South Korea 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, South Korea ranked 4 in the Economic Complexity Index (ECI 1.78), and 5 in total exports ($705B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Cote d'Ivoire exported $7.01M to South Korea. The main products exported from Cote d'Ivoire to South Korea were Nickel Ore ($2.9M), Scrap Copper ($1.65M), and Scrap Aluminium ($1.19M). During the last 5 years the exports of Cote d'Ivoire to South Korea have increased at an annualized rate of 11%, from $4.16M in 2017 to $7.01M in 2022.

In 2017, South Korea exported $235M to Cote d'Ivoire. The main products exported from South Korea to Cote d'Ivoire were Large Construction Vehicles ($35.1M), Refined Petroleum ($28.2M), and Cars ($24.5M). During the last 5 years the exports of South Korea to Cote d'Ivoire have increased at an annualized rate of 9.94%, from $133M in 2022 to $235M in 2017.

Exports from Cote d'Ivoire () to South Korea () (2022)

Exports from South Korea () to Cote d'Ivoire () (2022)

Latest Data

Trade between Cote d'Ivoire () and South Korea ()

Cote d'Ivoire Exports

Date

South Korea Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Cote d'Ivoire
Top DestinationSwitzerland$1.6B

South Korea
Top DestinationChina$150B

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

In 2022, countries that imported more from Cote d'Ivoire than South Korea included Mali ($1.46B), Burkina Faso ($845M), and Ghana ($685M).

In 2022, countries that imported more from South Korea than Cote d'Ivoire included China ($150B), United States ($112B), and Vietnam ($60.7B).

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

Comparative Advantage Cote d'Ivoire - South Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Cote d'Ivoire had a large net trade with South Korea in the exports of Mineral Products ($2.9M), Metals ($2.84M), and Vegetable Products ($405k).

During 2017, South Korea had a large net trade with Cote d'Ivoire in the exports of Chemical Products ($55.3M), Machines ($51M), and Plastics and Rubbers ($41.9M).

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 South Korea+$2.68MScrap Copper

Top Product Potential South Korea Cote d'Ivoire+$13.4MCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Cote d'Ivoire () to South Korea () (2022)

Exports from South Korea () to Cote d'Ivoire () (2022)

Latest Data

Trade between Cote d'Ivoire () and South Korea ()

Cote d'Ivoire Exports

South Korea Exports

Market Competitiveness

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

Comparative Advantage Cote d'Ivoire - South Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Cote d'Ivoire () and South Korea () (2022)

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