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Pricing

2022
Flag → Flag
Exports $195MRnk 23 / 160
2022
Flag → Flag
Top Product $58.3MPetroleum Coke
2022
Flag → Flag
Exports $1.97BRnk 11 / 166
2022
Flag → Flag
Top Product $1.86BCrude Petroleum
2022
Flag
Economic Complexity (ECI) ECI -1.1Rnk 117 / 133
2022
Flag
Economic Complexity (ECI) ECI -1.67Rnk 127 / 133
2022
Flag  
GDP$70BCURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP GROWTH92.9%CURRENT US$
Rnk 16 / 186
2022
Flag
 GDP$477BCURRENT US$
Rnk 30 / 186
2012-2022
Flag
GDP GROWTH2.89%CURRENT US$
Rnk 159 / 186
2022
Flag
GDP PC $2,486CURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP PC GROWTH50.8%CURRENT US$
Rnk 33 / 186
2022
Flag
GDP PC$2,184CURRENT US$
Rnk 146 / 186
2012-2022
Flag
GDP PC GROWTH-19.9%CURRENT US$
Rnk 173 / 186

About

Cote d'Ivoire-Nigeria Trade: In 2022, Cote d'Ivoire exported $195M to Nigeria. The main products that Cote d'Ivoire exported to Nigeria were Petroleum Coke ($58.3M), Palm Oil ($46.9M), and Beauty Products ($26.6M). Over the past 5 years the exports of Cote d'Ivoire to Nigeria have increased at an annualized rate of 4.06%, from $160M in 2017 to $195M in 2022.

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

Nigeria-Cote d'Ivoire Trade: In 2022, Nigeria exported $1.97B to Cote d'Ivoire. The main products that Nigeria exported to Cote d'Ivoire were Crude Petroleum ($1.86B), Nitrogenous Fertilizers ($29.4M), and Scrap Vessels ($19M). Over the past 5 years the exports of Nigeria to Cote d'Ivoire have increased at an annualized rate of 17.3%,  from $888M in 2017 to $1.97B in 2022.

In 2022, Nigeria 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, Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cote d'Ivoire exported $195M to Nigeria. The main products exported from Cote d'Ivoire to Nigeria were Petroleum Coke ($58.3M), Palm Oil ($46.9M), and Beauty Products ($26.6M). During the last 5 years the exports of Cote d'Ivoire to Nigeria have increased at an annualized rate of 4.06%, from $160M in 2017 to $195M in 2022.

In 2017, Nigeria exported $1.97B to Cote d'Ivoire. The main products exported from Nigeria to Cote d'Ivoire were Crude Petroleum ($1.86B), Nitrogenous Fertilizers ($29.4M), and Scrap Vessels ($19M). During the last 5 years the exports of Nigeria to Cote d'Ivoire have increased at an annualized rate of 17.3%, from $888M in 2022 to $1.97B in 2017.

Exports from Cote d'Ivoire (Flag) to Nigeria (Flag) (2022)

Exports from Nigeria (Flag) to Cote d'Ivoire (Flag) (2022)

Latest Data

Trade between Cote d'Ivoire (Flag) and Nigeria (Flag)

Cote d'Ivoire Exports

Nigeria Exports

Market Competitiveness

Color
Cote d'Ivoire
Top DestinationSwitzerland$1.6B
Nigeria
Top DestinationSpain$9.41B

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

In 2022, countries that imported more from Cote d'Ivoire than Nigeria included Mali ($1.46B), Burkina Faso ($845M), and Switzerland ($1.6B).

In 2022, countries that imported more from Nigeria than Cote d'Ivoire included Spain ($9.41B), India ($8.2B), and France ($4.95B).

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

Comparative Advantage Cote d'Ivoire - Nigeria

Flow
Scale

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

During 2022, Cote d'Ivoire had a large net trade with Nigeria in the exports of Mineral Products ($58.7M), Animal and Vegetable Bi-Products ($48.1M), and Chemical Products ($42.2M).

During 2017, Nigeria had a large net trade with Cote d'Ivoire in the exports of Mineral Products ($1.87B), Chemical Products ($45.6M), and Transportation ($36.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cote d'Ivoire Nigeria+$1.83MPalm Oil
Top Product Potential Nigeria Cote d'Ivoire+$16.6MNitrogenous Fertilizers

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

Product Space of Cote d'Ivoire (Flag) and Nigeria (Flag) (2022)

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