Benin

Benin

Global Trade Profile β€’ Rank #146 Exporter

$1.85B

Total Exports (2023)

$6.01B

Total Imports (2023)

$4.17B

Trade Deficit

#146

Export Ranking

Trade Flow Visualization

Interactive map showing Benin's top trading partners. Green lines represent exports, red lines represent imports.

#146

Export Rank

$1.85B

Total Exports

$6.01B

Total Imports

-$4.17B

Trade Balance

29

Trade Partners

🌍 Top Export Destinations

Top Export Products

#1Metals: gold, non-monetary, unwrought (but not pow...
33.0%$609.02M
#2Cotton: not carded or combed
27.3%$504.72M
#3Nuts, edible: cashew nuts, fresh or dried, in shel...
6.4%$118.49M
#4Soya beans: other than seed, whether or not broken
5.6%$104.09M
#5Soya beans: seed, whether or not broken
2.8%$51.65M
#6Petroleum oils and oils from bituminous minerals, ...
2.2%$40.50M
#7Oil-cake and other solid residues: whether or not ...
1.5%$28.12M
#8Oil seeds: cotton seeds, other than seed, whether ...
1.4%$25.90M
#9Wood, tropical, n.e.c. in item no. 4407.2, sawn or...
1.3%$23.52M
#10Nuts, edible: cashew nuts, fresh or dried, shelled
1.3%$23.44M

πŸ“₯ Top Import Sources

Top Import Products

#1Cereals: rice, semi-milled or wholly milled, wheth...
12.5%$752.05M
#2Petroleum oils and oils from bituminous minerals, ...
6.1%$367.80M
#3Vegetable oils: palm oil and its fractions, other ...
5.2%$314.03M
#4Fabrics, woven: containing 85% or more by weight o...
3.8%$229.26M
#5Electrical energy
1.9%$114.02M
#6Sugars: sucrose, chemically pure, in solid form, n...
1.5%$90.37M
#7Fertilizers, mineral or chemical: nitrogenous, ure...
1.5%$89.67M
#8Meat and edible offal: of fowls of the species Gal...
1.5%$88.70M
#9Meat and edible offal: of turkeys, cuts and offal,...
1.5%$87.59M
#10Vehicles: with only spark-ignition internal combus...
1.4%$82.69M

πŸ“ˆ Historical Trade Trends (1995-2023)

29 Years

Data Coverage

29

Data Points

πŸ“ˆ

Trend Direction

Benin Trade Analysis 2023

πŸ“Š Overview

#146
Global Export Rank
7.86B
Total Trade Volume
0.04%
Share of Global Trade

Benin stands as the world's #146 largest exporter and #140 largest importer, demonstrating emerging market dynamics.

The trade profile reveals a deficit of 4.17 billion, reflecting import dependencies for growth.

⚠️
Trade deficit of 69.3% of imports requires careful management of external financing.
1.85B
Total Exports
6.01B
Total Imports
0.31
Export/Import Ratio

The country maintains active trading relationships with 20 major partners, creating a highly diversified trade network.

Monthly trade flows average $654.95M, generating continuous economic activity across logistics, finance, and trade services.

🚒 Export Markets

United Arab Emirates
Bangladesh
India
China
Pakistan
Others

Export Market Concentration

21.2%
$391.46M
12.0%$221.79M
6.5%$120.78M
4.0%$74.43M
3.1%$57.84M
2.0%$36.72M
13 others
10.6%$196.26M

Export concentration shows United Arab Emirates as the dominant market at 35.4%. The top three markets control 68.7% of exports.

⚠️

Market Concentration Risk

Heavy reliance on United Arab Emirates (35.4% of exports) creates vulnerability to bilateral tensions or economic downturns in that market.
79.2%
Top 5 Markets
87.8%
Top 10 Markets
20
Total Partners

Regional patterns reveal globally balanced access. Secondary markets (Togo, Chad, Egypt) provide $157.41M in additional trade.

πŸ“¦ Import Sources

Import Source Concentration

24.5%
$1.48B
14.9%$893.22M
5.9%$356.36M
5.6%$334.69M
4.0%$240.24M
3.4%$202.81M
13 others
22.0%$1.32B

Benin relies heavily on China for imports (24.5%),creating supply chain concentration risk.

Energy suppliers including United Arab Emirates (206.01M) collectively provide 206.01 million or 3.4% of imports, highlighting the economy's dependence on imported energy resources.

Manufacturing inputs come primarily from China, Indonesia, Malaysia, reflecting deep integration into Asian production networks. China's dominant position at 1.48 billion encompasses electronics components, textiles, machinery parts, and consumer goods, creating both efficiency benefits and concentration risks.

The USA provides 356.36 million (5.9%) in imports, concentrated in agricultural products, aircraft, pharmaceuticals, and advanced technology.The top 10 import sources account for 68.9% of total imports, with the remaining 31% distributed among 10 other suppliers.

Regional sourcing patterns reveal diversified global sourcing. European suppliers including France (334.69M), Belgium (127.80M), Germany (96.24M) focus on luxury goods, machinery, and specialized chemicals.

Supply chain resilience strategies increasingly emphasize "China Plus One" approaches, with Indiaemerging as alternative manufacturing bases. The geographic proximity of major suppliers balances efficiency with risk diversification.

πŸ“¦ Product Composition

πŸš€ Export Products

Top Export Products

gold, non-monetary, unwrought (but not powder)...
33.0%
$609.02M
not carded or combed
27.3%
$504.72M
cashew nuts, fresh or dried, in shell...
6.4%$118.49M
other than seed, whether or not broken
5.6%$104.09M
seed, whether or not broken
2.8%$51.65M
3 others
5.1%$94.51M

Benin's export economy centers on diversified industrial production, with the leading export being gold, non-monetary, unwrought (but not powder)at $609.02 million, accounting for 33.0% of total exports.

Electronics, semiconductors, and machinery contribute 5.93 million or 0.3% of exports.

The automotive sector's dominance is evident in the export portfolio, with . This automotive specialization reflects decades of manufacturing excellence, continuous innovation in fuel efficiency and hybrid technology, and established global brand recognition.

The transition to electric and hybrid vehicles is captured in export data, with 0 categories specifically related to alternative propulsion systems, totaling $0.

Beyond automotive, Benin maintains strong positions in industrial machinery (1 categories totaling 5.93M),, and Metals, Cotton, Nuts, edible.

The top 20 export products collectively account for 90.1% of total exports, revealing moderate concentration with room for further diversification.

πŸ›’ Import Products

Top Import Products

rice, semi-milled or wholly milled, whether or not...
12.5%$752.05M
preparations n.e.c. containing by weight 70% or mo...
6.1%$367.80M
palm oil and its fractions, other than crude, whet...
5.2%$314.03M
containing 85% or more by weight of cotton, printe...
3.8%$229.26M
Electrical energy
1.9%$114.02M
3 others
4.5%$268.75M

Import requirements center on rice, semi-milled or wholly milled, whether or not polished or glazed at 752.05 million (12.5%), indicating resource dependency.

Beyond energy, critical imports include rice, semi-milled or wholly milled, whet... (752.05M, 12.5%), palm oil and its fractions, other than c... (314.03M, 5.2%), containing 85% or more by weight of cott... (229.26M, 3.8%), sucrose, chemically pure, in solid form,... (90.37M, 1.5%), nitrogenous, urea, whether or not in aqu... (89.67M, 1.5%).Pharmaceutical products represent 63.05 million (1.0%), reflecting healthcare sector demands.

The import product mix reveals structural characteristics of Benin's economy: food security dependencies, and sophisticated consumption patterns.

The ratio of raw materials to finished goods in imports (13 : 7among top 20 products) indicates significant value-addition activities domestically. Import substitution potential exists in agriculture and manufacturing sectors through targeted industrial policies and investment.

Product diversification metrics reveal focused product specializationwith implications for economic resilience and growth potential. The technology ladder progression from 14 primary products to 1 high-tech goods indicates the economy's structural transformation and industrial upgrading trajectory.

Value addition opportunities exist in transitioning from raw material exports to processed goods, from components to finished products, and from standard to customized offerings. The product space connectivity, measuring relatedness between current exports and potential new products, suggests need for capability building to enter new product categories.

βš–οΈ Trade Balance Dynamics

-4.17 billion
Trade Deficit β€’ 53.02% of total trade
PartnerExportsImportsBalance
China$120.78M$1.48B$-1.36B
India$221.79M$893.22M$-671.43M
United Arab Emirates$654.07M$206.01M+$448.06M
Bangladesh$391.46M$0+$391.46M
USA$15.90M$356.36M$-340.45M

Export-to-import ratio of 0.307 means exports cover 30.7% of import costs.

πŸ”— Key Relationships

Major Trading Partners

PartnerExportsImportsBalance
China$120.78M$1.48B$-1.36B
India$221.79M$893.22M$-671.43M
United Arab Emirates$654.07M$206.01M+$448.06M
Bangladesh$391.46M$0+$391.46M
USA$15.90M$356.36M$-340.45M
France$13.78M$334.69M$-320.91M
Nigeria$21.23M$240.24M$-219.01M
Togo$57.84M$157.73M$-99.88M
Total$1.50B$3.66B$-2.17B

The Benin-China relationship leads at 1.60 billion in bilateral trade.View detailed analysis β†’

Additional major partnerships include United Arab Emirates (860.08M total trade), Bangladesh (391.46M total trade), USA (372.26M total trade). Regional integration through Asian supply chains facilitates technology transfer, market access, and production efficiency. The diversity of trading relationshipsβ€”5.52B across top 10 partnersβ€”provides resilience against bilateral tensions and regional disruptions.

πŸ† Competitive Position

Global rankings position Benin as the #146 exporter worldwide,in the developing trader category. The country's share of global exports at approximately 0.018%offers opportunities for market share expansion.

Export sophistication, measured by the dominance of technology-intensive products, indicates advanced industrial capabilities. The revealed comparative advantage (RCA) index shows strongest competitiveness in sectors where Benin's global market share exceeds its overall trade share by factors of 2 or more.

Competitive advantages emerge in sectors where export concentration exceeds import share, particularly ingold, non-monetary, unwro, not carded or combed, cashew nuts, fresh or dri. The revealed comparative advantage is strongest in product categories representing66.8% of exports. Market positioning against regional competitors shows niche specialization opportunities.

Trade complementarity with major partners suggests regional production network participation. The export quality ladder, comparing unit values to world averages, indicates competitive pricing strategies.

Competitive dynamics are shaped by factor endowments including cost advantages and resource availability, infrastructure quality, and business environment. The export survival rate, measuring the persistence of export relationships over time, suggests need for relationship strengthening.

Innovation capacity, reflected in the technology content of exports and R&D intensity, determines long-term competitiveness trajectories. The competitive threat from emerging exporters in similar product categories requires continuous upgrading and differentiation strategies to maintain market position. Regional integration through trade agreements provides preferential access to0 markets, creating competitive advantages over non-member competitors.

🎯 Strategic Outlook

ℹ️

Strategic Priority

With a trade deficit of 4.17B, focus should be on export promotion in high-value sectors and strategic import substitution.

The trade profile presents both opportunities and challenges for economic development strategy. Key strengths include strong import capacity enabling technology transfer and consumption growth,diversified market access reducing concentration risk, and competitive positions in high-value manufacturing.

Vulnerabilities include excessive reliance on single export markets. The intersection of these factors creates a complex strategic landscape requiring careful navigation to maximize opportunities while mitigating risks.

Strategic priorities should focus on export promotion and import substitution to enhance trade competitiveness. Opportunities exist in expanding trade with Viet Nam, USA, Niger, developing new product capabilities in adjacent product categories, and strengthening regional integration through new partnership frameworks.

The digital transformation of trade, including e-commerce, digital services, and blockchain-based trade finance, offers new avenues for market access and efficiency gains. Green trade opportunities in renewable energy, sustainable products, and carbon markets represent growing segments aligned with global sustainability goals.

The evolving global trade environment, characterized by technological disruption, geopolitical realignment, and sustainability imperatives, will fundamentally reshape Benin's trade prospects. Success requires balanced policies addressing both improving export capacity while ensuring sustainable import financing.

Investment in infrastructure, education, and innovation ecosystems will determine the ability to climb value chains and capture larger shares of global value addition. The resilience agenda, emphasizing supply chain robustness, strategic autonomy in critical sectors, and economic security considerations, must be balanced with efficiency and openness principles.

As global trade patterns continue evolving, Benin's position as the world's #146 exporter provides a platform for continued growth, requiring adaptive strategies, institutional strengthening, and sustained commitment to competitiveness enhancement in an increasingly complex and interconnected global economy.

Data Notes

Data from CEPII BACI database, harmonized using UN Comtrade methodology. All values in current USD at 2023 exchange rates. Trade statistics cover merchandise goods only, excluding services. Mirror statistics reconciliation applied for data consistency. 2024 data available January 2026. HS6 product classification follows 2017 revision.

Data source: CEPII BACI | Last updated: January 2025 | Next update: January 2026