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Benin Trade Summary

2008

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 2008

Overall Exports and Imports for Benin 2008

Exports and imports of Benin in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 421 million.
  • The total value of imports (CIF) was 1,714 million.
  • At the HS6 digit level, 396 products were exported to 87 countries and 2,692 products were imported from 149 countries.

Benin top 5 Export and Import partners 2008

Top five countries to which Benin exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Benin exports to Nigeria worth US$ 88 million, with a partner share of 20.98 percent.
  2. Benin exports to China worth US$ 70 million, with a partner share of 16.64 percent.
  3. Benin exports to Unspecified worth US$ 44 million, with a partner share of 10.48 percent.
  4. Benin exports to India worth US$ 38 million, with a partner share of 9.12 percent.
  5. Benin exports to Indonesia worth US$ 25 million, with a partner share of 5.84 percent.

Top five countries from which Benin imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Benin imports from France worth US$ 288 million, with a partner share of 16.82 percent.
  2. Benin imports from China worth US$ 227 million, with a partner share of 13.27 percent.
  3. Benin imports from Togo worth US$ 120 million, with a partner share of 7.03 percent.
  4. Benin imports from Thailand worth US$ 102 million, with a partner share of 5.97 percent.
  5. Benin imports from Belgium worth US$ 75 million, with a partner share of 4.37 percent.

Benin Top 5 Productsexports imports at HS 6 digit level 2008

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 156,616.26 (US$ Thousands).
  2. Benin exported Floating or submersible drilling or production , worth 43,414.61 (US$ Thousands).
  3. Benin exported Bars & rods, i/nas, nes , worth 29,951.88 (US$ Thousands).
  4. Benin exported Cashew nuts, fresh or dried , worth 27,425.52 (US$ Thousands).
  5. Benin exported Vegetable fats and oils and their fractions, hy , worth 26,994.52 (US$ Thousands).

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

  1. Benin imported Semi-milled or wholly milled rice , worth 176,846.92 (US$ Thousands).
  2. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth 170,208.07 (US$ Thousands).
  3. Benin imported Bars/rods,i/nas,hr,in irreg wnd coils of circ c , worth 80,561.86 (US$ Thousands).
  4. Benin imported Electrical energy , worth 74,307.21 (US$ Thousands).
  5. Benin imported Palm oil (excl. crude) and liquid fractions , worth 72,313.30 (US$ Thousands).

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Benin in 2008 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 12.83 percent.
  • The trade weighted average tariff was 11.03 .
  • The total duty free imports in thousands of US dollars were 196,499.60 and duty free tariff line items share was 7.61 percent.

Development Indicators 2008

Key Development Indicators of Benin in 2008 are below

  • Benin GDP in current US dollar was 9,788 million.
  • GNI per capita, Atlas method (current US$) was 1,010.00 .
  • Benin Trade balance: as % of GDP was -3.49.
  • Trade balance in current US$ was -342.00 million.
  • Trade as percentage of GDP was 47.78 .
  • Trade in services as percentage of GDP was 8.80 .

Trade Indicators 2008

Trade Indicators for Benin in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 1.46.
  • World Growth in percentage was -59.29 and Benin Country Growth was -0.59 .