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Viet Nam-Côte d'Ivoire Bilateral Trade Analysis 2023

Complete trade statistics: $1.29B total volume •Viet Nam deficit: $534.71M

Viet Nam → Côte d'Ivoire

$377.50M

Exports (2023)

Côte d'Ivoire → Viet Nam

$912.21M

Imports (2023)

Trade Balance

$534.71M

Deficit for Viet Nam

Total Trade

$1.29B

Combined Volume

Trade Flow Visualization

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

Detailed Product Trade Analysis

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

Viet Nam → Côte d'Ivoire Exports

$377.50M
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
60.6% top product
1Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed
$228.71M
60.6% of exports
2Cereals: rice, broken
$85.62M
22.7% of exports
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 exports
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 exports
5Furnishing articles: excluding those of heading no. 9404, bed nets, specified in Subheading Note 1 to this Chapter
$5.52M
1.5% of exports

🎯 Strategic Export Focus

Viet Nam's export portfolio to Côte d'Ivoire demonstrates strategic specialization, with cereals: rice, semi-milled or wholly milled, whether or not polished or glazed representing a key competitive advantage in this bilateral market.

Côte d'Ivoire → Viet Nam Imports

$912.21M
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
90.8% concentration
1Nuts, edible: cashew nuts, fresh or dried, in shell
$828.01M
90.8% of imports
2Rubber: natural rubber latex, whether or not pre-vulcanised, in primary forms or in plates, sheets or strip
$25.00M
2.7% of imports
3Nuts, edible: cashew nuts, fresh or dried, shelled
$20.12M
2.2% of imports
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 imports
5Cotton: not carded or combed
$12.22M
1.3% of imports

📦 Import Strategy Analysis

Viet Nam's import pattern from Côte d'Ivoire reveals significant dependencyin nuts, edible: cashew nuts, fresh or dried, in shell, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Viet Nam demonstrates competitive strength in exportingcereals: rice, semi-milled or wholly milled, whether or not polished or glazed to Côte d'Ivoire, 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: Viet Nam-Côte d'Ivoire Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $1.29 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Viet Nam maintains a deficit of $534.71 million
  • Export Focus: Viet Nam's primary exports 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
  • Import Dependencies: Key imports from Côte d'Ivoire 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

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 Viet Nam leveraging its comparative advantages in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed.

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

Viet Nam's specialization in cereals: rice, semi-milled or wholly milled, whether or not polished or glazedcomplements Côte d'Ivoire's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in nuts, edible: cashew nuts, fresh or dried, in shell.

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

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Viet Nam's trade deficit of $534.71 million impacts its overall economic position in this bilateral relationship.

Balance Impact: Import Dependency

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in cereals: rice, broken present expansion opportunities.
Market Diversification
Beyond current focus on nuts, edible: cashew nuts, fresh or dried, in shell, 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 cereals: rice, semi-milled or wholly milled, whether or not polished or glazed 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 Viet Nam and Côte d'Ivoire represents a total trade volume of $1.29 billion in 2023. This partnership demonstrates an unfavorable trade balance for Viet Nam, with imports exceeding exportsby $534.71 million.

Export Strengths

Viet Nam's exports to Côte d'Ivoire total $377.50 million, with competitive advantages in cereals: rice, semi-milled or wholly milled, whether or not polished or glazed, representing $228.71M or60.6% of bilateral exports.

Import Dependencies

Imports from Côte d'Ivoire amount to $912.21 million, highlighting economic interdependence in nuts, edible: cashew nuts, fresh or dried, in shell, with Nuts, edible: cashew nuts, fresh or dried, in shell comprising90.8% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Viet Nam's strategic sourcing from Côte d'Ivoire. 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 Viet Nam and Côte d'Ivoire in multiple formats.

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