Benin

PRODUCT EXPORTS (2018)

$1.27B

RANK 142 OF 222

EXPORTS PER CAPITA (2018)

$110

RANK 33 OF 219

PRODUCT IMPORTS (2018)

$5.8B

RANK 124 OF 221

IMPORTS PER CAPITA (2018)

$505

RANK 21 of 219

SERVICE EXPORTS (2015)

$258M

RANK 142 OF 170

SERVICE IMPORTS (2015)

$607M

RANK 139 OF 170

GDP (2018)

$10.4B

CURRENT US$
RANK 141 OF 196

GDP GROWTH (2008-2018)

45.2%

CURRENT US$
RANK 87 OF 196

GDP PC (2018)

$902

CURRENT US$
RANK 173 OF 196

GDP PC GROWTH (2008-2018)

9.92%

Overview: In 2018 Benin was the number 141 economy in the world in terms of GDP (current US$), the number 142 in total exports, and the number 124 in total imports. In 2018, Benin exported $1.27B and imported $5.8B, resulting in a negative trade balance of -$4.54B. In 2018, Benin’s exports per capita were $110 and its imports per capita were $505.

Trade: The top exports of Benin are Raw Cotton ($437M), Coconuts, Brazil Nuts, and Cashews ($214M), Gold ($150M), Scrap Copper($43.6M), and Other Oily Seeds ($43M). The top imports of Benin are Rice ($1.03B), Palm Oil ($418M), Fake Hair ($363M), Cars ($273M), and Light Pure Woven Cotton ($181M).

Destinations: Benin exports mostly to India ($274M), Bangladesh($216M), United Arab Emirates ($123M), Vietnam ($95.3M), and Nigeria($89.2M), and imports mostly from China ($1.8B), Thailand ($676M), India ($422M), France ($272M), and United States ($263M).

Location: Benin borders Burkina Faso, Niger, Nigeria, and Togo by land and Ghana by sea.

Exports

In 2018 Benin exported a total of $1.27B, making it the number 142 exporter in the world. During the last five reported years the exports of Benin have changed by $231M from $1.04B in 2013 to $1.27B in 2018.

The most recent exports are led by Raw Cotton ($437M), Coconuts, Brazil Nuts, and Cashews ($214M), Gold ($150M), Scrap Copper ($43.6M), and Other Oily Seeds ($43M).

Imports

In 2018 Benin imported $5.8B, making it the number 124 trade destination in the world. During the last five reported years the imports of Benin changed by -$708M from $6.51B in 2013 to $5.8B in 2018.

The most recent imports of Benin are led by Rice ($1.03B), Palm Oil ($418M), Fake Hair ($363M), Cars ($273M), and Light Pure Woven Cotton ($181M).

Trade Balance

As of 2018 Benin had a negative trade balance of $3.71B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $554M in net imports.

Destinations

The most common destination for the exports of Benin are India ($274M), Bangladesh ($216M), United Arab Emirates ($123M), Vietnam ($95.3M), and Nigeria ($89.2M).

Origins

The most common import partners for Benin are China ($1.8B), Thailand ($676M), India ($422M), France ($272M), and United States ($263M).