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2022
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Exports $812MRnk 49 / 222
2022
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Top Product $586MRefined Petroleum
2022
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Exports $660MRnk 11 / 160
2022
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Top Product $480MCocoa Beans
2022
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Economic Complexity (ECI) ECI 1.28Rnk 17 / 124
2022
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Economic Complexity (ECI) ECI -1.09Rnk 109 / 124
2022
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GDP$579BCURRENT US$
Rnk 25 / 186
2012-2022
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GDP GROWTH16.6%CURRENT US$
Rnk 131 / 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 $49,583CURRENT US$
Rnk 19 / 186
2012-2022
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GDP PC GROWTH11%CURRENT US$
Rnk 112 / 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

Belgium-Cote d'Ivoire In 2022, Belgium exported $812M to Cote d'Ivoire. The main products that Belgium exported to Cote d'Ivoire are Refined Petroleum ($586M), Copper Wire ($17.3M), and Iron Structures ($15.7M). During the last 23 years the exports of Belgium to Cote d'Ivoire have increased at an annualized rate of 8.53%, from $124M in 1999 to $812M in 2022.

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

Cote d'Ivoire-Belgium In 2022, Cote d'Ivoire exported $660M to Belgium. The main products that Cote d'Ivoire exported to Belgium were Cocoa Beans ($480M), Rubber ($88.5M), and Cocoa Butter ($19.4M). During the last 23 years the exports of Cote d'Ivoire to Belgium have increased at an annualized rate of 6.55%, from $153M in 1999 to $660M in 2022.

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

Comparison In 2022,  Belgium ranked 17 in the Economic Complexity Index (ECI 1.28), and 13 in total exports ($475B). That same year, Cote d'Ivoire ranked 109 in the Economic Complexity Index (ECI -1.09), and 81 in total exports ($17.5B).

Latest Trends

December, 2023

About

Overview In December 2023, Belgium exported €124M and imported €13.7M from Cote d'Ivoire, resulting in a positive trade balance of €110M. Between December 2022 and December 2023 the exports of Belgium have increased by €56.9M (85.4%) from €66.7M to €124M, while imports decreased by €-4.24M (-23.7%) from €17.9M to €13.7M.

Trade In December 2023, the top exports of Belgium to Cote d'Ivoire were Mineral fuels, mineral oils and products... (€27.7M), Cars, tractors, trucks & parts thereof. (€2.29M), Machinery, mechanical appliances, & parts (€1.31M), Copper articles (€856k), and Furniture, bedding, lamps, & prefab buildings (€754k). In December 2023 the top imports of Belgium from Cote d'Ivoire were Cocoa & cocoa preparations (€12.3M), Rubber & articles thereof (€6.82M), Copper articles (€318k), Coffee, tea, mate & spices (€222k), and Edible fruits, nuts & fruit peels (€200k).

Growth In December 2023, the increase in Belgium's year-by-year exports to Cote d'Ivoire was explained primarily by an increase in product exports in Copper articles (€855k or 80.6k%), Furniture, bedding, lamps, & prefab buildings (€746k or 9.69k%), and Products of the milling industry (€562k or 442%). In December 2023, the decrease in Belgium's year-by-year imports  from Cote d'Ivoire was explained primarily by an decrease in product imports  in Wood, wood articles, & charcoal (€-57.3k or -25.6%), Cocoa & cocoa preparations (€-45k or -0.36%), and Edible vegetables, roots, & tubers (€-25.1k or -100%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€56.9M(85.4%)
IMPORT GROWTH (December 2022 - December 2023)€-4.24M(-23.7%)

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

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

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belgium exported $812M to Cote d'Ivoire. The main products exported from Belgium to Cote d'Ivoire were Refined Petroleum ($586M), Copper Wire ($17.3M), and Iron Structures ($15.7M). During the last 23 years the exports of Belgium to Cote d'Ivoire have increased at an annualized rate of 8.53%, from $124M in 1999 to $812M in 2022.

In 2022, Cote d'Ivoire exported $660M to Belgium. The main products exported from Cote d'Ivoire to Belgium were Cocoa Beans ($480M), Rubber ($88.5M), and Cocoa Butter ($19.4M). During the last 23 years the exports of Cote d'Ivoire to Belgium have increased at an annualized rate of 6.55%, from $153M in 1999 to $660M in 2022.

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

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

Market Competitiveness

Color
Belgium
Top DestinationGermany$91.9B
Cote d'Ivoire
Top DestinationSwitzerland$1.6B

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

In 2021, countries that imported more from Belgium than Cote d'Ivoire were Germany ($91.9B), France ($71.1B), and Netherlands ($65.7B).

In 2021, countries that imported more from Cote d'Ivoire than Belgium were Mali ($1.46B), Burkina Faso ($845M), and Niger ($106M).

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

Comparative Advantage Belgium - Cote d'Ivoire

Flow
Scale

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

During 2022, Belgium had a large net trade with Cote d'Ivoire in the exports of Mineral Products ($586M), Metals ($41.8M), and Chemical Products ($39.8M).

During 2022, Cote d'Ivoire had a large net trade with Belgium in the exports of Foodstuffs ($501M), Plastics and Rubbers ($89.8M), and Vegetable Products ($51.3M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Belgium has comparative advantage over Cote d'Ivoire. Similarly, the more yellow a dot/product is, the more Cote d'Ivoire has comparative advantage over Belgium.

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

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