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Benin Trade Summary

2018

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 2018

Overall Exports and Imports for Benin 2018

Exports and imports of Benin in 2018 are below, along with number of countries and products

  • The total value of exports (FoB) was 952 million.
  • The total value of imports (CIF) was 3,278 million.
  • At the HS6 digit level, 678 products were exported to 106 countries and 2,800 products were imported from 137 countries.

Benin top 5 Export and Import partners 2018

Top five countries to which Benin exported in 2018 are below, along with the percent of total exports that went to that country:

  1. Benin exports to Bangladesh worth US$ 216 million, with a partner share of 22.73 percent.
  2. Benin exports to India worth US$ 174 million, with a partner share of 18.33 percent.
  3. Benin exports to Vietnam worth US$ 95 million, with a partner share of 10.01 percent.
  4. Benin exports to Nigeria worth US$ 75 million, with a partner share of 7.91 percent.
  5. Benin exports to China worth US$ 73 million, with a partner share of 7.71 percent.

Top five countries from which Benin imported goods in 2018 are below, along with percent of total imports that came from the country :

  1. Benin imports from Thailand worth US$ 458 million, with a partner share of 13.98 percent.
  2. Benin imports from India worth US$ 397 million, with a partner share of 12.10 percent.
  3. Benin imports from Togo worth US$ 306 million, with a partner share of 9.33 percent.
  4. Benin imports from China worth US$ 255 million, with a partner share of 7.77 percent.
  5. Benin imports from France worth US$ 232 million, with a partner share of 7.08 percent.

Benin Top 5 Productsexports imports at HS 6 digit level 2018

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$ 445,432.56 million.
  2. Benin exported Cashew nuts, fresh or dried , worth US$ 137,705.20 million.
  3. Benin exported Other oil seeds and oleaginous fruits, nes , worth US$ 36,143.51 million.
  4. Benin exported Gas turbines nes of a power exceeding 5000 KW , worth US$ 35,685.95 million.
  5. Benin exported Frozen cuts and offal of chicken (excl. livers) , worth US$ 25,627.69 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$ 526,475.76 million.
  2. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 424,106.09 million.
  3. Benin imported Semi-milled or wholly milled rice , worth US$ 264,470.77 million.
  4. Benin imported Palm oil (excl. crude) and liquid fractions , worth US$ 227,891.44 million.
  5. Benin imported Electrical energy , worth US$ 142,370.61 million.

Exports and Imports of Product Groups 2018

Exports and imports of products by stages of processing in 2018 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2018

Tariffs imposed by Benin in 2018 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 13.42 percent.
  • The trade weighted average tariff was 15.25 .
  • The total duty free imports in thousands of US dollars were 121,227.15 and duty free tariff line items share was 4.26 percent.

Development Indicators 2018

Key Development Indicators of Benin in 2018 are below

  • Benin GDP in current US dollar was 10,354 million.
  • GNI per capita, Atlas method (current US$) was 870.00 .
  • Benin Trade balance: as % of GDP was -8.81.
  • Trade balance in current US$ was -912.00 million.
  • Trade as percentage of GDP was 79.57 .
  • Trade in services as percentage of GDP was not available .

Trade Indicators 2018

Trade Indicators for Benin in 2018 are below

  • Hirschman Herfindahl market concentration index was 0.24.
  • Index of export market penetration was 1.37.
  • World Growth in percentage was 3.50 and Benin Country Growth was -14.84 .