Côte d'Ivoire

Côte d'Ivoire

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Côte d'Ivoire-Viet Nam Bilateral Trade Analysis 2023

Complete trade statistics: $1.29B total volume •Côte d'Ivoire surplus: $534.71M

Côte d'IvoireViet Nam

$912.21M

Exports (2023)

Viet NamCôte d'Ivoire

$377.50M

Imports (2023)

Trade Balance

$534.71M

Surplus for Côte d'Ivoire

Total Trade

$1.29B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Côte d'Ivoire and Viet Nam. Green line shows exports from Côte d'Ivoire, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Côte d'Ivoire-Viet Nam commercial relationship and competitive positioning in global markets.

Côte d'IvoireViet Nam Exports

$912.21M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
90.8% top product
1Nuts, edible: cashew nuts, fresh or dried, in shell
$828.01M
90.8% of exports
2Rubber: natural rubber latex, whether or not pre-vulcanised, in primary forms or in plates, sheets or strip
$25.00M
2.7% of exports
3Nuts, edible: cashew nuts, fresh or dried, shelled
$20.12M
2.2% of exports
4Rubber: technically specified natural rubber (TSNR), in primary forms or in plates, sheets or strip (excluding latex and smoked sheets)
$18.51M
2.0% of exports
5Cotton: not carded or combed
$12.22M
1.3% of exports

🎯 Strategic Export Focus

Côte d'Ivoire's export portfolio to Viet Nam demonstrates strategic specialization, with nuts, edible: cashew nuts, fresh or dried, in shell representing a key competitive advantage in this bilateral market.

Viet NamCôte d'Ivoire Imports

$377.50M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
60.6% concentration
1Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed
$228.71M
60.6% of imports
2Cereals: rice, broken
$85.62M
22.7% of imports
3Vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods
$14.76M
3.9% of imports
4Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$5.90M
1.6% of imports
5Furnishing articles: excluding those of heading no. 9404, bed nets, specified in Subheading Note 1 to this Chapter
$5.52M
1.5% of imports

📦 Import Strategy Analysis

Côte d'Ivoire's import pattern from Viet Nam reveals significant dependencyin cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Côte d'Ivoire demonstrates competitive strength in exportingnuts, edible: cashew nuts, fresh or dried, in shell to Viet Nam, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $1.29B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Côte d'Ivoire-Viet Nam Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $1.29 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Côte d'Ivoire maintains a surplus of $534.71 million
  • Export Focus: Côte d'Ivoire's primary exports include nuts, edible: cashew nuts, fresh or dried, in shell, rubber: natural rubber latex, whether or not pre-vulcanised, in primary forms or in plates, sheets or strip, nuts, edible: cashew nuts, fresh or dried, shelled
  • Import Dependencies: Key imports from Viet Nam include cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, cereals: rice, broken, vessels: n.e.c. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $1.29B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Côte d'Ivoire leveraging its comparative advantages in nuts, edible: cashew nuts, fresh or dried, in shell.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Côte d'Ivoire's specialization in nuts, edible: cashew nuts, fresh or dried, in shellcomplements Viet Nam's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $1.29B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyHigh
🔮

Trade Relationship Outlook

The $1.29B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

💰

Trade Volume Impact

The $1.29 billion bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in nuts, edible: cashew nuts, fresh or dried, in shell and cereals: rice, semi-milled or wholly milled, whether or not polished or glazed demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Côte d'Ivoire's trade surplus of $534.71 million strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in rubber: natural rubber latex, whether or not pre-vulcanised, in primary forms or in plates, sheets or strip present expansion opportunities.
Market Diversification
Beyond current focus on cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
High trade imbalance may create supply chain risks
Market Competition
Global competition in nuts, edible: cashew nuts, fresh or dried, in shell may affect future market positioning.

🎯Strategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Côte d'Ivoire and Viet Nam represents a total trade volume of $1.29 billion in 2023. This partnership demonstrates a favorable trade balance for Côte d'Ivoire, with exports exceeding importsby $534.71 million.

Export Strengths

Côte d'Ivoire's exports to Viet Nam total $912.21 million, with competitive advantages in nuts, edible: cashew nuts, fresh or dried, in shell, representing $828.01M or90.8% of bilateral exports.

Import Dependencies

Imports from Viet Nam amount to $377.50 million, highlighting economic interdependence in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, with Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed comprising60.6% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Côte d'Ivoire's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Côte d'Ivoire and Viet Nam in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023