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Benin Trade Summary

2014

Benin exports, imports, tariff by year.
Benin monthly trade data
Benin quarterly trade data

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


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TRADE SUMMARY FOR BENIN 2014

Overall Exports and Imports for Benin 2014

Exports and imports of Benin in 2014 are below, along with number of countries and products

  • The total value of exports (FoB) was 968 million.
  • The total value of imports (CIF) was 3,704 million.
  • At the HS6 digit level, 698 products were exported to 100 countries and 2,643 products were imported from 163 countries.

Benin top 5 Export and Import partners 2014

Top five countries to which Benin exported in 2014 are below, along with the percent of total exports that went to that country:

  1. Benin exports to Gabon worth US$ 144 million, with a partner share of 14.88 percent.
  2. Benin exports to China worth US$ 95 million, with a partner share of 9.85 percent.
  3. Benin exports to India worth US$ 83 million, with a partner share of 8.57 percent.
  4. Benin exports to Niger worth US$ 57 million, with a partner share of 5.94 percent.
  5. Benin exports to Nigeria worth US$ 49 million, with a partner share of 5.04 percent.

Top five countries from which Benin imported goods in 2014 are below, along with percent of total imports that came from the country :

  1. Benin imports from India worth US$ 477 million, with a partner share of 12.89 percent.
  2. Benin imports from Thailand worth US$ 450 million, with a partner share of 12.14 percent.
  3. Benin imports from France worth US$ 304 million, with a partner share of 8.21 percent.
  4. Benin imports from China worth US$ 285 million, with a partner share of 7.71 percent.
  5. Benin imports from Togo worth US$ 263 million, with a partner share of 7.11 percent.

Benin Top 5 Productsexports imports at HS 6 digit level 2014

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$ 293,004.14 million.
  2. Benin exported Petroleum oils, etc, (excl. crude); preparation , worth US$ 102,129.56 million.
  3. Benin exported Cashew nuts, fresh or dried , worth US$ 66,305.45 million.
  4. Benin exported Parts of boring or sinking machinery, whether o , worth US$ 61,206.68 million.
  5. Benin exported Rowing boats, canoes, sculls and other pleasure , worth US$ 45,023.22 million.

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

  1. Benin imported Broken rice , worth US$ 925,658.91 million.
  2. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 345,687.73 million.
  3. Benin imported Floating docks and vessels which perform specia , worth US$ 147,783.93 million.
  4. Benin imported Electrical energy , worth US$ 137,642.77 million.
  5. Benin imported Frozen cuts and offal of chicken (excl. livers) , worth US$ 123,503.11 million.

Exports and Imports of Product Groups 2014

Exports and imports of products by stages of processing in 2014 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2014

Tariffs imposed by Benin in 2014 are below

  • The maximum rate of tariff in percentage on any product was 20 percent.
  • The simple average tariff across all products was 12.96 percent.
  • The trade weighted average tariff was 10.64 .
  • The total duty free imports in thousands of US dollars were 194,229.01 and duty free tariff line items share was 5.95 percent.

Development Indicators 2014

Key Development Indicators of Benin in 2014 are below

  • Benin GDP in current US dollar was 13,285 million.
  • GNI per capita, Atlas method (current US$) was 1,230.00 .
  • Benin Trade balance: as % of GDP was -2.41.
  • Trade balance in current US$ was -320.00 million.
  • Trade as percentage of GDP was 65.27 .
  • Trade in services as percentage of GDP was 10.28 .

Trade Indicators 2014

Trade Indicators for Benin in 2014 are below

  • Hirschman Herfindahl market concentration index was 0.20.
  • Index of export market penetration was 1.42.
  • World Growth in percentage was 0.23 and Benin Country Growth was 26.16 .