2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$70BCURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP GROWTH
92.9%CURRENT US$
Rnk 16 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$2,486CURRENT US$
Rnk 137 / 186
2012-2022
Flag
GDP PC GROWTH
50.8%CURRENT US$
Rnk 33 / 186

About

Armenia-Cote d'Ivoire Trade: In 2022, Armenia exported $36.1k to Cote d'Ivoire. The main products that Armenia exported to Cote d'Ivoire were Other Construction Vehicles ($32.5k), Valves ($2.31k), and Pearl Products ($1.26k). Over the past 5 years the exports of Armenia to Cote d'Ivoire have increased at an annualized rate of 23%, from $12.8k in 2017 to $36.1k in 2022.

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

Cote d'Ivoire-Armenia Trade: In 2022, Cote d'Ivoire exported $2.02M to Armenia. The main products that Cote d'Ivoire exported to Armenia were Cocoa Beans ($1.07M), Cocoa Paste ($585k), and Cocoa Powder ($259k). Over the past 5 years the exports of Cote d'Ivoire to Armenia have decreased at an annualized rate of 2.33%,  from $2.27M in 2017 to $2.02M in 2022.

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

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). 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, Armenia exported $36.1k to Cote d'Ivoire. The main products exported from Armenia to Cote d'Ivoire were Other Construction Vehicles ($32.5k), Valves ($2.31k), and Pearl Products ($1.26k). During the last 5 years the exports of Armenia to Cote d'Ivoire have increased at an annualized rate of 23%, from $12.8k in 2017 to $36.1k in 2022.

In 2017, Cote d'Ivoire exported $2.02M to Armenia. The main products exported from Cote d'Ivoire to Armenia were Cocoa Beans ($1.07M), Cocoa Paste ($585k), and Cocoa Powder ($259k). During the last 5 years the exports of Cote d'Ivoire to Armenia have decreased at an annualized rate of 2.33%, from $2.27M in 2022 to $2.02M in 2017.

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

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

Latest Data

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

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Cote d'Ivoire
Top Destination
Switzerland$1.6B

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

In 2022, countries that imported more from Armenia than Cote d'Ivoire included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

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

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

Comparative Advantage Armenia - Cote d'Ivoire

Flow
Scale

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

During 2022, Armenia had a large net trade with Cote d'Ivoire in the exports of Machines ($34.8k), Precious Metals ($1.26k), and Metals ($6).

During 2017, Cote d'Ivoire had a large net trade with Armenia in the exports of Foodstuffs ($1.93M), Vegetable Products ($84.7k), and Transportation ($5.92k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Cote d'Ivoire+$2.87kCars
Top Product Potential Cote d'Ivoire Armenia+$353kCocoa Beans

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

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

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