2023
Flag  
GDP
$296BCURRENT US$
Rnk 47 / 195
2013-2023
Flag
GDP GROWTH
9.35%CURRENT US$
Rnk 158 / 195
2023
Flag
 GDP
$78.9BCURRENT US$
Rnk 80 / 195
2013-2023
Flag
GDP GROWTH
84.5%CURRENT US$
Rnk 28 / 195
2023
Flag
GDP PC 
$52,926CURRENT US$
Rnk 23 / 195
2013-2023
Flag
GDP PC GROWTH
6.51%CURRENT US$
Rnk 144 / 195
2023
Flag
GDP PC
$2,531CURRENT US$
Rnk 147 / 196
2013-2023
Flag
GDP PC GROWTH
41.7%CURRENT US$
Rnk 59 / 195

About

Finland-Cote d'Ivoire Trade: In 2023, Finland exported $31M to Cote d'Ivoire. The main products that Finland exported to Cote d'Ivoire were Nitrogenous Fertilizers ($6.07M), Other Construction Vehicles ($4.04M), and Broadcasting Equipment ($3.56M). Over the past 5 years the exports of Finland to Cote d'Ivoire have increased at an annualized rate of 11.5%, from $18M in 2018 to $31M in 2023.

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

Cote d'Ivoire-Finland Trade: In 2023, Cote d'Ivoire exported $471k to Finland. The main products that Cote d'Ivoire exported to Finland were Shaped Wood ($200k), Coconuts, Brazil Nuts, and Cashews ($69k), and Machinery Having Individual Functions ($53k). Over the past 5 years the exports of Cote d'Ivoire to Finland have decreased at an annualized rate of 17.5%,  from $1.23M in 2018 to $471k in 2023.

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

Comparison: In 2023,  Finland ranked 13 in the Economic Complexity Index (ECI 1.46), and 45 in total exports ($84.3B). That same year, Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Finland exported $31M to Cote d'Ivoire. The main products exported from Finland to Cote d'Ivoire were Nitrogenous Fertilizers ($6.07M), Other Construction Vehicles ($4.04M), and Broadcasting Equipment ($3.56M). During the last 5 years the exports of Finland to Cote d'Ivoire have increased at an annualized rate of 11.5%, from $18M in 2018 to $31M in 2023.

In 2018, Cote d'Ivoire exported $471k to Finland. The main products exported from Cote d'Ivoire to Finland were Shaped Wood ($200k), Coconuts, Brazil Nuts, and Cashews ($69k), and Machinery Having Individual Functions ($53k). During the last 5 years the exports of Cote d'Ivoire to Finland have decreased at an annualized rate of 17.5%, from $1.23M in 2023 to $471k in 2018.

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

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

Latest Data

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

Finland Exports

Cote d'Ivoire Exports

Market Competitiveness

Color
Finland
Top Destination
United States$9.68B
Cote d'Ivoire
Top Destination
Switzerland$3.88B

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

In 2023, countries that imported more from Finland than Cote d'Ivoire included United States ($9.68B), Germany ($9.26B), and Sweden ($8.13B).

In 2023, countries that imported more from Cote d'Ivoire than Finland included Switzerland ($3.88B), Mali ($1.59B), and Burkina Faso ($847M).

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

Comparative Advantage Finland - Cote d'Ivoire

Flow
Scale

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

During 2023, Finland had a large net trade with Cote d'Ivoire in the exports of Machines ($16.3M), Chemical Products ($7.26M), and Paper Goods ($3.85M).

During 2018, Cote d'Ivoire had a large net trade with Finland in the exports of Wood Products ($215k), Vegetable Products ($102k), and Machines ($91.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Finland Cote d'Ivoire+$852kKraft Paper
Top Product Potential Cote d'Ivoire Finland+$1.06MRubber

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

Product Space of Finland (Flag) and Cote d'Ivoire (Flag) (2023)

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