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Benin Trade Summary

2017

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 2017

Overall Exports and Imports for Benin 2017

Exports and imports of Benin in 2017 are below, along with number of countries and products

  • The total value of exports (FoB) was 742 million.
  • The total value of imports (CIF) was 3,210 million.
  • At the HS6 digit level, 714 products were exported to 107 countries and 2,681 products were imported from 145 countries.

Benin top 5 Export and Import partners 2017

Top five countries to which Benin exported in 2017 are below, along with the percent of total exports that went to that country:

  1. Benin exports to Vietnam worth US$ 103 million, with a partner share of 13.88 percent.
  2. Benin exports to Bangladesh worth US$ 93 million, with a partner share of 12.57 percent.
  3. Benin exports to Malaysia worth US$ 85 million, with a partner share of 11.41 percent.
  4. Benin exports to India worth US$ 78 million, with a partner share of 10.46 percent.
  5. Benin exports to Nigeria worth US$ 74 million, with a partner share of 10.01 percent.

Top five countries from which Benin imported goods in 2017 are below, along with percent of total imports that came from the country :

  1. Benin imports from India worth US$ 583 million, with a partner share of 18.17 percent.
  2. Benin imports from Thailand worth US$ 439 million, with a partner share of 13.67 percent.
  3. Benin imports from China worth US$ 270 million, with a partner share of 8.40 percent.
  4. Benin imports from Netherlands worth US$ 221 million, with a partner share of 6.89 percent.
  5. Benin imports from France worth US$ 219 million, with a partner share of 6.83 percent.

Benin Top 5 Productsexports imports at HS 6 digit level 2017

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 352,131.52 (US$ Thousands).
  2. Benin exported Cashew nuts, fresh or dried , worth 83,111.50 (US$ Thousands).
  3. Benin exported Cotton-seed oil (excl. crude) and fractions the , worth 24,070.73 (US$ Thousands).
  4. Benin exported Other oil seeds and oleaginous fruits, nes , worth 21,080.01 (US$ Thousands).
  5. Benin exported Gold in unwrought forms non-monetary , worth 17,897.03 (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 605,133.74 (US$ Thousands).
  2. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth 368,969.56 (US$ Thousands).
  3. Benin imported Husked (brown) rice , worth 301,076.29 (US$ Thousands).
  4. Benin imported Palm oil (excl. crude) and liquid fractions , worth 198,955.57 (US$ Thousands).
  5. Benin imported Semi-milled or wholly milled rice , worth 162,015.17 (US$ Thousands).

Exports and Imports of Product Groups 2017

Exports and imports of products by stages of processing in 2017 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2017

Tariffs imposed by Benin in 2017 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 13.63 percent.
  • The trade weighted average tariff was 17.84 .
  • The total duty free imports in thousands of US dollars were 61,053.89 and duty free tariff line items share was 2.61 percent.

Development Indicators 2017

Key Development Indicators of Benin in 2017 are below

  • Benin GDP in current US dollar was 12,702 million.
  • GNI per capita, Atlas method (current US$) was 1,050.00 .
  • Benin Trade balance: as % of GDP was -7.07.
  • Trade balance in current US$ was -897.00 million.
  • Trade as percentage of GDP was 61.48 .
  • Trade in services as percentage of GDP was 8.09 .

Trade Indicators 2017

Trade Indicators for Benin in 2017 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 1.45.
  • World Growth in percentage was 5.56 and Benin Country Growth was 12.88 .