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2023
Flag → Flag
Exports $222MRnk 75 / 142
2023
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Top Product $46.3MCars
2023
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Exports $567kRnk 114 / 162
2023
Flag → Flag
Top Product $171kScrap Aluminium
2023
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Economic Complexity (ECI) ECI 1.85Rnk 4 / 132
2023
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Economic Complexity (ECI) ECI -1.08Rnk 114 / 132
2023
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GDP$1.71TCURRENT US$
Rnk 14 / 195
2013-2023
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GDP GROWTH25%CURRENT US$
Rnk 127 / 195
2023
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 GDP$78.9BCURRENT US$
Rnk 80 / 195
2013-2023
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GDP GROWTH84.5%CURRENT US$
Rnk 28 / 195
2023
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GDP PC $33,121CURRENT US$
Rnk 41 / 195
2013-2023
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GDP PC GROWTH21.9%CURRENT US$
Rnk 99 / 195
2023
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GDP PC$2,531CURRENT US$
Rnk 147 / 196
2013-2023
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GDP PC GROWTH41.7%CURRENT US$
Rnk 59 / 195

About

South Korea-Cote d'Ivoire Trade: In 2023, South Korea exported $222M to Cote d'Ivoire. The main products that South Korea exported to Cote d'Ivoire were Cars ($46.3M), Non-fillet Frozen Fish ($30.6M), and Ethylene Polymers ($27M). Over the past 5 years the exports of South Korea to Cote d'Ivoire have decreased at an annualized rate of 6.1%, from $304M in 2018 to $222M in 2023.

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

Cote d'Ivoire-South Korea Trade: In 2023, Cote d'Ivoire exported $567k to South Korea. The main products that Cote d'Ivoire exported to South Korea were Scrap Aluminium ($171k), Scrap Copper ($128k), and Other Pure Vegetable Oils ($52.8k). Over the past 5 years the exports of Cote d'Ivoire to South Korea have decreased at an annualized rate of 39.1%,  from $6.75M in 2018 to $567k in 2023.

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

Comparison: In 2023,  South Korea ranked 4 in the Economic Complexity Index (ECI 1.85), and 5 in total exports ($645B). That same year, Cote d'Ivoire ranked 114 in the Economic Complexity Index (ECI -1.08), and 76 in total exports ($22.3B).

Latest Trends

December, 2024

About

Overview In December 2024, South Korea exported $16M and imported $19.7M from Cote d'Ivoire, resulting in a negative trade balance of $3.66M. Between December 2023 and December 2024 the exports of South Korea have decreased by $-2.06M (-11.4%) from $18.1M to $16M, while imports increased by $19.3M (5.66k%) from $342k to $19.7M.

Trade In December 2024, the top exports of South Korea to Cote d'Ivoire were Plastics & articles thereof ($5.45M), Fish, Crustaceans & Molluscs ($2.53M), Organic chemicals ($1.61M), Cars, tractors, trucks & parts thereof. ($1.6M), and Pharmaceutical products ($534k). In December 2024 the top imports of South Korea from Cote d'Ivoire were Copper articles ($290k), Aluminum articles ($93k), Used clothes & textile articles ($1k), Fish, Crustaceans & Molluscs ($0), and Mineral fuels, mineral oils and products... ($0).

Growth In December 2024, the decrease in South Korea's year-by-year exports to Cote d'Ivoire was explained primarily by an decrease in product exports in Machinery, mechanical appliances, & parts ($-6.73M or -95.3%), Inorganic chemicals ($-740k or -85.9%), and Pharmaceutical products ($-672k or -55.7%). In December 2024, the increase in South Korea's year-by-year imports  from Cote d'Ivoire was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-2.06M(-11.4%)
IMPORT GROWTH (December 2023 - December 2024)$19.3M(5.66k%)

This section shows exports and imports data at subnational level for South Korea. Click any date in the line plot or any product to explore the exports or imports behavior of South Korea over time.

To check Cote d'Ivoire and South Korea trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Cote d'Ivoire and South Korea Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, South Korea exported $222M to Cote d'Ivoire. The main products exported from South Korea to Cote d'Ivoire were Cars ($46.3M), Non-fillet Frozen Fish ($30.6M), and Ethylene Polymers ($27M). During the last 5 years the exports of South Korea to Cote d'Ivoire have decreased at an annualized rate of 6.1%, from $304M in 2018 to $222M in 2023.

In 2018, Cote d'Ivoire exported $567k to South Korea. The main products exported from Cote d'Ivoire to South Korea were Scrap Aluminium ($171k), Scrap Copper ($128k), and Other Pure Vegetable Oils ($52.8k). During the last 5 years the exports of Cote d'Ivoire to South Korea have decreased at an annualized rate of 39.1%, from $6.75M in 2023 to $567k in 2018.

Exports from South Korea (Flag) to Cote d'Ivoire (Flag) (2023)

Exports from Cote d'Ivoire (Flag) to South Korea (Flag) (2023)

Market Competitiveness

Color
South Korea
Top DestinationChina$162B
Cote d'Ivoire
Top DestinationSwitzerland$3.88B

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

In 2023, countries that imported more from South Korea than Cote d'Ivoire included China ($162B), United States ($118B), and Hong Kong ($28.8B).

In 2023, countries that imported more from Cote d'Ivoire than South Korea included Mali ($1.59B), Switzerland ($3.88B), and Vietnam ($912M).

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

Comparative Advantage South Korea - Cote d'Ivoire

Flow
Scale

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

During 2023, South Korea had a large net trade with Cote d'Ivoire in the exports of Transportation ($70.4M), Plastics and Rubbers ($53.1M), and Chemical Products ($43.7M).

During 2018, Cote d'Ivoire had a large net trade with South Korea in the exports of Metals ($331k), Machines ($86.1k), and Animal and Vegetable Bi-Products ($52.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Korea Cote d'Ivoire+$13.4MCars
Top Product Potential Cote d'Ivoire South Korea+$2.68MScrap Copper

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 South Korea and Cote d'Ivoire. This means that a dot/product with the flag of South Korea 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 South Korea.

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

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