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Pricing

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

About

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.

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.

Comparison: In 2022,  Nigeria ranked 127 in the Economic Complexity Index (ECI -1.67), and 51 in total exports ($70.7B). That same year, Cote d'Ivoire ranked 117 in the Economic Complexity Index (ECI -1.1), and 81 in total exports ($17.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $1.97B in 2022.

In 2017, 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 2022 to $195M in 2017.

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

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

Latest Data

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

Nigeria Exports

Cote d'Ivoire Exports

Market Competitiveness

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

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

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

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

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

Comparative Advantage Nigeria - Cote d'Ivoire

Flow
Scale

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

During 2022, 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).

During 2017, 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).

Potential Exports

Potential Exports

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

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

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

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