The two-dimensional nonlinear collective ion dynamics in the presence of external magnetic field in an electron-ion plasma is investigated. The analysis is performed for traveling plane waves to elucidate the various aspects of the phase-space dynamics. The presence of magnetic field makes the dynamics of the nonlinear wave complex with a complicated phase-space behavior. Thus, the nonlinear wave supports a wide class of nonlinear structures viz., single soliton, multi-soliton, periodic, and quasi-periodic oscillations depending on the values of M (Mach number) and Ω (the ratio of ion gyro-frequency to the ion plasma frequency). The computational results predict the chaotic behavior of the nonlinear wave and the transition to chaos takes place when Ω≳0.35 depending on the direction of propagation and the value of M. The amplitude of the wave depends on the obliqueness of the propagation and Mach number, whereas the magnetic field changes the dispersion properties of the wave.