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Pricing

2023
Flag → Flag
Exports $1.66MRnk 99 / 162
2023
Flag → Flag
Top Product $1.48MBeauty Products
2023
Flag → Flag
Exports $3.12MRnk 12 / 92
2023
Flag → Flag
Top Product $3.12MNon-fillet Frozen Fish
2023
Flag
Economic Complexity (ECI) ECI -1.08Rnk 114 / 132
2023
Flag  
GDP$78.9BCURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP GROWTH84.5%CURRENT US$
Rnk 28 / 195
2023
Flag
 GDP$11BCURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 8 / 195
2023
Flag
GDP PC $2,531CURRENT US$
Rnk 147 / 195
2013-2023
Flag
GDP PC GROWTH41.7%CURRENT US$
Rnk 59 / 195
2023
Flag
GDP PC$597CURRENT US$
Rnk 191 / 196
2013-2023
Flag
GDP PC GROWTH51.9%CURRENT US$
Rnk 45 / 195

About

Cote d'Ivoire-Somalia Trade: In 2023, Cote d'Ivoire exported $1.66M to Somalia. The main products that Cote d'Ivoire exported to Somalia were Beauty Products ($1.48M), Coconuts, Brazil Nuts, and Cashews ($104k), and Perfumes ($44.7k). Over the past 5 years the exports of Cote d'Ivoire to Somalia have increased at an annualized rate of 35%, from $370k in 2018 to $1.66M in 2023.

In 2023, Cote d'Ivoire did not export any services to Somalia.

Somalia-Cote d'Ivoire Trade: In 2023, Somalia exported $3.12M to Cote d'Ivoire. The main products that Somalia exported to Cote d'Ivoire were Non-fillet Frozen Fish ($3.12M), Electrical Parts ($64), and Other Plastic Products ($8). Over the past 5 years the exports of Somalia to Cote d'Ivoire have decreased at an annualized rate of 2.74%,  from $3.58M in 2018 to $3.12M in 2023.

In 2023, Somalia did not export any services to Cote d'Ivoire.

Comparison In 2023,  Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08),  and 76 in total exports ($22.3B). That same year, Somalia ranked 161 in total exports ($1.03B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Cote d'Ivoire exported $1.66M to Somalia. The main products exported from Cote d'Ivoire to Somalia were Beauty Products ($1.48M), Coconuts, Brazil Nuts, and Cashews ($104k), and Perfumes ($44.7k). During the last 5 years the exports of Cote d'Ivoire to Somalia have increased at an annualized rate of 35%, from $370k in 2018 to $1.66M in 2023.

In 2018, Somalia exported $3.12M to Cote d'Ivoire. The main products exported from Somalia to Cote d'Ivoire were Non-fillet Frozen Fish ($3.12M), Electrical Parts ($64), and Other Plastic Products ($8). During the last 5 years the exports of Somalia to Cote d'Ivoire have decreased at an annualized rate of 2.74%, from $3.58M in 2023 to $3.12M in 2018.

Exports from Cote d'Ivoire (Flag) to Somalia (Flag) (2023)

Exports from Somalia (Flag) to Cote d'Ivoire (Flag) (2023)

Latest Data

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

Cote d'Ivoire Exports

Market Competitiveness

Color
Cote d'Ivoire
Top DestinationSwitzerland$3.88B
Somalia
Top DestinationUnited Arab Emirates$360M

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 2023, countries that imported more from Cote d'Ivoire than Somalia included Switzerland ($3.88B), Netherlands ($1.99B), and Mali ($1.59B).

In 2023, countries that imported more from Somalia than Cote d'Ivoire included Saudi Arabia ($283M), United Arab Emirates ($360M), and Oman ($180M).

Difference in imports from Somalia (Flag) and Cote d'Ivoire (Flag) (2023)

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 2023, Cote d'Ivoire had a large net trade with Somalia in the exports of Chemical Products ($1.56M), Vegetable Products ($104k), and Foodstuffs ($523).

During 2018, Somalia had a large net trade with Cote d'Ivoire in the exports of Animal Products ($3.12M), Machines ($64), and Plastics and Rubbers ($8).

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) (2023)

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