Loading..

Benin Trade Summary

2016

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

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2016

Overall Exports and Imports for Benin 2016

Exports and imports of Benin in 2016 are below, along with number of countries and products

  • The total value of exports (FoB) was 409 million.
  • The total value of imports (CIF) was 2,560 million.
  • At the HS6 digit level, 689 products were exported to 96 countries and 2,664 products were imported from 153 countries.

Benin top 5 Export and Import partners 2016

Top five countries to which Benin exported in 2016 are below, along with the percent of total exports that went to that country:

  1. Benin exports to India worth US$ 63 million, with a partner share of 15.40 percent.
  2. Benin exports to Malaysia worth US$ 54 million, with a partner share of 13.17 percent.
  3. Benin exports to Bangladesh worth US$ 42 million, with a partner share of 10.23 percent.
  4. Benin exports to China worth US$ 27 million, with a partner share of 6.66 percent.
  5. Benin exports to Nigeria worth US$ 27 million, with a partner share of 6.61 percent.

Top five countries from which Benin imported goods in 2016 are below, along with percent of total imports that came from the country :

  1. Benin imports from India worth US$ 388 million, with a partner share of 15.16 percent.
  2. Benin imports from Thailand worth US$ 323 million, with a partner share of 12.62 percent.
  3. Benin imports from France worth US$ 270 million, with a partner share of 10.54 percent.
  4. Benin imports from China worth US$ 241 million, with a partner share of 9.43 percent.
  5. Benin imports from Togo worth US$ 184 million, with a partner share of 7.17 percent.

Benin Top 5 Productsexports imports at HS 6 digit level 2016

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 174,975.53 (US$ Thousands).
  2. Benin exported Cashew nuts, fresh or dried , worth 38,146.85 (US$ Thousands).
  3. Benin exported Petroleum oils, etc, (excl. crude); preparation , worth 13,208.50 (US$ Thousands).
  4. Benin exported Gold in unwrought forms non-monetary , worth 12,722.27 (US$ Thousands).
  5. Benin exported Palm oil (excl. crude) and liquid fractions , worth 11,782.39 (US$ Thousands).

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

  1. Benin imported Broken rice , worth 474,679.23 (US$ Thousands).
  2. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth 223,114.61 (US$ Thousands).
  3. Benin imported Husked (brown) rice , worth 190,935.74 (US$ Thousands).
  4. Benin imported Electrical energy , worth 93,673.97 (US$ Thousands).
  5. Benin imported Semi-milled or wholly milled rice , worth 91,392.33 (US$ Thousands).

Exports and Imports of Product Groups 2016

Exports and imports of products by stages of processing in 2016 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2016

Tariffs imposed by Benin in 2016 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 10.58 percent.
  • The trade weighted average tariff was 11.21 .
  • The total duty free imports in thousands of US dollars were 406,839.83 and duty free tariff line items share was 24.57 percent.

Development Indicators 2016

Key Development Indicators of Benin in 2016 are below

  • Benin GDP in current US dollar was 11,821 million.
  • GNI per capita, Atlas method (current US$) was 1,070.00 .
  • Benin Trade balance: as % of GDP was -3.77.
  • Trade balance in current US$ was -446.00 million.
  • Trade as percentage of GDP was 58.99 .
  • Trade in services as percentage of GDP was 9.51 .

Trade Indicators 2016

Trade Indicators for Benin in 2016 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 1.49.
  • World Growth in percentage was -1.35 and Benin Country Growth was -2.46 .