Loading..

Benin Trade Summary

2019

Benin exports, imports, tariff by year.

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 2019

Overall Exports and Imports for Benin 2019

Exports and imports of Benin in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 851 million.
  • The total value of imports (CIF) was 2,907 million.
  • At the HS6 digit level, 622 products were exported to 98 countries and 2,892 products were imported from 139 countries.

Benin top 5 Export and Import partners 2019

Top five countries to which Benin exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Benin exports to Bangladesh worth US$ 229 million, with a partner share of 26.91 percent.
  2. Benin exports to India worth US$ 121 million, with a partner share of 14.19 percent.
  3. Benin exports to Vietnam worth US$ 88 million, with a partner share of 10.38 percent.
  4. Benin exports to China worth US$ 63 million, with a partner share of 7.38 percent.
  5. Benin exports to Nigeria worth US$ 48 million, with a partner share of 5.66 percent.

Top five countries from which Benin imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Benin imports from India worth US$ 400 million, with a partner share of 13.77 percent.
  2. Benin imports from China worth US$ 325 million, with a partner share of 11.17 percent.
  3. Benin imports from France worth US$ 260 million, with a partner share of 8.93 percent.
  4. Benin imports from Togo worth US$ 186 million, with a partner share of 6.40 percent.
  5. Benin imports from Thailand worth US$ 158 million, with a partner share of 5.43 percent.

Benin Top 5 Productsexports imports at HS 6 digit level 2019

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 450,395.19 (US$ Thousands).
  2. Benin exported Cashew nuts, fresh or dried , worth 76,231.35 (US$ Thousands).
  3. Benin exported Other oil seeds and oleaginous fruits, nes , worth 40,236.86 (US$ Thousands).
  4. Benin exported Petroleum oils, etc, (excl. crude); preparation , worth 24,933.25 (US$ Thousands).
  5. Benin exported Frozen cuts and offal of chicken (excl. livers) , worth 17,389.21 (US$ Thousands).

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

  1. Benin imported Petroleum oils, etc, (excl. crude); preparation , worth 363,494.14 (US$ Thousands).
  2. Benin imported Semi-milled or wholly milled rice , worth 355,305.81 (US$ Thousands).
  3. Benin imported Broken rice , worth 216,762.09 (US$ Thousands).
  4. Benin imported Palm oil (excl. crude) and liquid fractions , worth 116,724.23 (US$ Thousands).
  5. Benin imported Electrical energy , worth 105,171.17 (US$ Thousands).

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Benin in 2019 are below

  • The maximum rate of tariff in percentage on any product was 35 percent.
  • The simple average tariff across all products was 11.67 percent.
  • The trade weighted average tariff was 9.86 .
  • The total duty free imports in thousands of US dollars were 596,357.27 and duty free tariff line items share was 19.91 percent.

Development Indicators 2019

Key Development Indicators of Benin in 2019 are below

  • Benin GDP in current US dollar was 14,392 million.
  • GNI per capita, Atlas method (current US$) was 1,200.00 .
  • Benin Trade balance: as % of GDP was -4.42.
  • Trade balance in current US$ was -636.00 million.
  • Trade as percentage of GDP was 63.68 .
  • Trade in services as percentage of GDP was 9.27 .

Trade Indicators 2019

Trade Indicators for Benin in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.18.
  • Index of export market penetration was 1.48.
  • World Growth in percentage was -1.34 and Benin Country Growth was 17.72 .