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Benin Trade Summary

2003

Benin exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR BENIN 2003

Overall Exports and Imports for Benin 2003

Exports and imports of Benin in 2003 are below, along with number of countries and products

  • The total value of exports (FoB) was 272 million.
  • The total value of imports (CIF) was 892 million.
  • At the HS6 digit level, 374 products were exported to 86 countries and 2,593 products were imported from 129 countries.

Benin top 5 Export and Import partners 2003

Top five countries to which Benin exported in 2003 are below, along with the percent of total exports that went to that country:

  1. Benin exports to China worth US$ 62 million, with a partner share of 22.95 percent.
  2. Benin exports to India worth US$ 27 million, with a partner share of 10.11 percent.
  3. Benin exports to Indonesia worth US$ 25 million, with a partner share of 9.32 percent.
  4. Benin exports to Thailand worth US$ 16 million, with a partner share of 5.79 percent.
  5. Benin exports to Nigeria worth US$ 13 million, with a partner share of 4.70 percent.

Top five countries from which Benin imported goods in 2003 are below, along with percent of total imports that came from the country :

  1. Benin imports from France worth US$ 216 million, with a partner share of 24.23 percent.
  2. Benin imports from China worth US$ 63 million, with a partner share of 7.07 percent.
  3. Benin imports from Ghana worth US$ 55 million, with a partner share of 6.14 percent.
  4. Benin imports from Cote d'Ivoire worth US$ 48 million, with a partner share of 5.36 percent.
  5. Benin imports from South Africa worth US$ 43 million, with a partner share of 4.78 percent.

Benin Top 5 Productsexports imports at HS 6 digit level 2003

The top five exported HS 6 digit level products to world by Benin along with trade value are:

  1. Benin exported Cotton, not carded or combed , worth US$ 184,394.08 million.
  2. Benin exported Cashew nuts, fresh or dried , worth US$ 12,322.04 million.
  3. Benin exported Cigarettes containing tobacco , worth US$ 9,080.96 million.
  4. Benin exported Oil-cake and other solid residues of cotton see , worth US$ 6,684.08 million.
  5. Benin exported Gold in unwrought forms non-monetary , worth US$ 5,437.23 million.

The top five imported HS 6 digit level products from world by Benin along with trade value are

  1. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 124,098.43 million.
  2. Benin imported Electrical energy , worth US$ 48,429.24 million.
  3. Benin imported Semi-milled or wholly milled rice , worth US$ 36,438.66 million.
  4. Benin imported Worn clothing and other worn articles , worth US$ 34,143.41 million.
  5. Benin imported Cement clinkers , worth US$ 28,575.12 million.

Exports and Imports of Product Groups 2003

Exports and imports of products by stages of processing in 2003 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2003

Tariffs imposed by Benin in 2003 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 14.49 percent.
  • The trade weighted average tariff was 12.69 .
  • The total duty free imports in thousands of US dollars were 44,648.17 and duty free tariff line items share was 2.25 percent.

Development Indicators 2003

Key Development Indicators of Benin in 2003 are below

  • Benin GDP in current US dollar was 5,349 million.
  • GNI per capita, Atlas method (current US$) was 590.00 .
  • Benin Trade balance: as % of GDP was -4.33.
  • Trade balance in current US$ was -231.00 million.
  • Trade as percentage of GDP was 41.62 .
  • Trade in services as percentage of GDP was 7.99 .

Trade Indicators 2003

Trade Indicators for Benin in 2003 are below

  • Hirschman Herfindahl market concentration index was 0.08.
  • Index of export market penetration was 1.41.
  • World Growth in percentage was 8.09 and Benin Country Growth was 21.46 .