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Pricing

2022
Flag → Flag
Exports $2.08MRnk 94 / 160
2022
Flag → Flag
Top Product $2.02MBeauty Products
2022
Flag → Flag
Exports $1.46MRnk 19 / 95
2022
Flag → Flag
Top Product $1.46MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI -1.1Rnk 117 / 133
2022
Flag  
GDP$70BCURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP GROWTH92.9%CURRENT US$
Rnk 16 / 186
2022
Flag
 GDP$8.13BCURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP GROWTH0%CURRENT US$
Rnk 165 / 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$462CURRENT US$
Rnk 183 / 186
2012-2022
Flag
GDP PC GROWTH0%CURRENT US$
Rnk 143 / 186

About

Cote d'Ivoire-Somalia Trade: In 2022, Cote d'Ivoire exported $2.08M to Somalia. The main products that Cote d'Ivoire exported to Somalia were Beauty Products ($2.02M), Cleaning Products ($30k), and Soap ($11.5k). Over the past 5 years the exports of Cote d'Ivoire to Somalia have increased at an annualized rate of 115%, from $44.8k in 2017 to $2.08M in 2022.

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

Somalia-Cote d'Ivoire Trade: In 2022, Somalia exported $1.46M to Cote d'Ivoire. The main products that Somalia exported to Cote d'Ivoire were Non-fillet Frozen Fish ($1.46M). Over the past 5 years the exports of Somalia to Cote d'Ivoire have decreased at an annualized rate of 13%,  from $2.93M in 2017 to $1.46M in 2022.

In 2022, Somalia 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, Somalia ranked 167 in total exports ($569M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Cote d'Ivoire exported $2.08M to Somalia. The main products exported from Cote d'Ivoire to Somalia were Beauty Products ($2.02M), Cleaning Products ($30k), and Soap ($11.5k). During the last 5 years the exports of Cote d'Ivoire to Somalia have increased at an annualized rate of 115%, from $44.8k in 2017 to $2.08M in 2022.

In 2017, Somalia exported $1.46M to Cote d'Ivoire. The main products exported from Somalia to Cote d'Ivoire were Non-fillet Frozen Fish ($1.46M). During the last 5 years the exports of Somalia to Cote d'Ivoire have decreased at an annualized rate of 13%, from $2.93M in 2022 to $1.46M in 2017.

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

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

Latest Data

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

Cote d'Ivoire Exports

Market Competitiveness

Color
Cote d'Ivoire
Top DestinationSwitzerland$1.6B
Somalia
Top DestinationUnited Arab Emirates$283M

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

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

In 2022, countries that imported more from Somalia than Cote d'Ivoire included Oman ($173M), United Arab Emirates ($283M), and Kuwait ($13.5M).

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

Comparative Advantage Cote d'Ivoire - Somalia

Flow
Scale

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

During 2022, Cote d'Ivoire had a large net trade with Somalia in the exports of Chemical Products ($2.08M) and Vegetable Products ($89).

During 2017, Somalia had a large net trade with Cote d'Ivoire in the exports of Animal Products ($1.46M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Cote d'Ivoire Somalia+$2.42kPalm Oil
Top Product Potential Somalia Cote d'Ivoire+$1.74kNon-fillet Frozen Fish

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

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

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